118 Strange Street Kitchener, Ontario N2G 1R3

$859,000

An exceptional opportunity to own a totally renovated, owner-occupied triplex offering excellent income potential and the added benefit of living in one unit while generating rental income from the others. This well-maintained property features an extensive list of upgrades and improvements throughout the years. Energy-efficient enhancements include R40 attic insulation, a solar thermal hot water booster system, a 4.3 kW solar photovoltaic system with a MicroFIT contract in place until May 2031, and a new SolarEdge 5 kW inverter installed in 2021. Additional improvements include spray foam insulation on basement walls and headers, an anti-scale water system, a complete Daikin HVAC system installed in 2021 with a 12-year warranty, and a new roof installed in 2021 with a 20-year warranty. The kitchens have been updated, including a new IKEA kitchen with four appliances in 2016 and an updated kitchen with three appliances in the upper apartment in 2022. The main-floor bathroom and entry were renovated in 2023, with a new Bosch dishwasher also installed. Other upgrades include triple-pane windows in the living and dining rooms, a new deck with glass panel railings, main-floor laundry with washer and dryer, an office cabinet and drawer system, a new basement apartment washer, and a Napoleon gas fireplace insert installed in 2024. Six First Alert smoke and carbon monoxide detectors with 10-year lithium power cells were installed throughout the property in 2026. With significant improvements, energy-efficient features, and excellent income potential, this versatile triplex is an ideal opportunity for investors or buyers looking to offset their living expenses while building long-term real estate value. (id:61576)

Property Details

MLS® Number	40870094
Property Type	Multi-family
Amenities Near By	Hospital, Park, Place Of Worship, Public Transit
Equipment Type	Water Heater
Features	Paved Driveway
Parking Space Total	4
Rental Equipment Type	Water Heater

Building

Bathroom Total	3
Bedrooms Total	7
Appliances	Garage Door Opener
Basement Development	Finished
Basement Type	Full (finished)
Cooling Type	Central Air Conditioning
Exterior Finish	Brick
Foundation Type	Poured Concrete
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	2
Size Interior	2,829 Sqft
Type	Triplex
Utility Water	Municipal Water

Parking

Attached Garage

Land

Acreage	No
Land Amenities	Hospital, Park, Place Of Worship, Public Transit
Sewer	Municipal Sewage System
Size Depth	170 Ft
Size Frontage	59 Ft
Size Irregular	0.267
Size Total	0.267 Ac|under 1/2 Acre
Size Total Text	0.267 Ac|under 1/2 Acre
Zoning Description	R2

https://www.realtor.ca/real-estate/30409441/118-strange-street-kitchener