$619,900
Exceptional investment opportunity at 35 Fifth Avenue! This permit-ready triplex project is designed for maximum profitability with three expansive 1,500 sq. ft. units, each offering 3 bedrooms (expandable to 4) and 10 bathrooms total. Featuring separate entrances, private balconies, a basement porch, and 3 parking spots (1 garage + 2 driveways), this property is ideal for high-demand multi-family rentals. All permits, including building and demolition, are in place for immediate construction—just step in and start building! With separate meters and gas heating, this R2B-zoned development is a builder’s dream and a smart investor’s next big win. Low $2,500 annual taxes and flexible possession make this a no-brainer. Survey included—everything’s ready to break ground. Survey available & Grading is ready. (id:45429)
Property Details
MLS® Number
|
40682347 |
Property Type
|
Vacant Land |
AmenitiesNearBy
|
Public Transit, Schools |
Features
|
Country Residential |
Building
BasementType
|
None |
UtilityWater
|
Municipal Water |
Land
AccessType
|
Highway Access |
Acreage
|
No |
LandAmenities
|
Public Transit, Schools |
Sewer
|
Municipal Sewage System |
SizeDepth
|
165 Ft |
SizeFrontage
|
40 Ft |
SizeTotalText
|
Under 1/2 Acre |
ZoningDescription
|
R4 |
Utilities
Electricity
|
Available |
Natural Gas
|
Available |
https://www.realtor.ca/real-estate/27702379/35-fifth-avenue-kitchener