115 Marlborough Avenue Kitchener, Ontario N2M 1H7

5 Bedroom 3 Bathroom 2,000 - 2,500 ft2
Window Air Conditioner Forced Air

$995,900

Purpose-Built Triplex in the St. Marys Hospital Neighbourhood! This upgraded triplex backs directly onto Admiral Park with convenient park access, offering exceptional income potential in a highly desirable location. Purpose-built and thoughtfully designed, the property features two spacious 2-bedroom units, each with private entrances, as well as a bright and generously sized 1-bedroom lower unit with abundant natural light. The upper unit also features a walkout balcony, adding to its appeal. Each unit is separately metered for hydro, with an additional common meter and a shared laundry facility to streamline operations. All units will be vacant on closing, providing the flexibility to set market rents and maximize returns from day one. A unique feature of this property is the three elongated single car garages, one dedicated to each unit, along with a loft area that offers additional income potential. There is also parking for approximately seven vehicles, offering excellent convenience for tenants or future owners. Recent upgrades include updated flooring, select plumbing improvements, roof shingles on the main building (2021), and a new garage roof (2024), ensuring low ongoing maintenance and long-term value. Ideally located near transit, parks, hospitals, and major amenities, this triplex is a strong income generator in a thriving neighbourhood. With significant upgrades already completed and all units ready for occupancy, this is a low-risk, high-reward investment opportunity with lasting potential. (id:54532)

Property Details

MLS® Number X12297553
Property Type Multi-family
Amenities Near By Public Transit, Schools
Equipment Type Water Heater
Features Level Lot, Carpet Free, Guest Suite, In-law Suite
Parking Space Total 7
Rental Equipment Type Water Heater
Structure Porch

Building

Bathroom Total 3
Bedrooms Above Ground 4
Bedrooms Below Ground 1
Bedrooms Total 5
Age 51 To 99 Years
Amenities Separate Electricity Meters, Separate Heating Controls
Appliances Water Heater, Water Softener
Basement Features Separate Entrance
Basement Type Full
Cooling Type Window Air Conditioner
Exterior Finish Brick
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 2,000 - 2,500 Ft2
Type Triplex
Utility Water Municipal Water

Parking

Detached Garage
Garage

Land

Acreage No
Land Amenities Public Transit, Schools
Sewer Sanitary Sewer
Size Depth 124 Ft
Size Frontage 54 Ft
Size Irregular 54 X 124 Ft
Size Total Text 54 X 124 Ft
Zoning Description R2a

Rooms

Level Type Dimensions
Second Level Kitchen 4.38 m x 2.33 m
Second Level Living Room 5.13 m x 4.13 m
Second Level Bedroom 3.93 m x 3.54 m
Second Level Bedroom 2 3.84 m x 3.54 m
Second Level Bathroom Measurements not available
Basement Kitchen 4.38 m x 4.26 m
Basement Living Room 5.06 m x 4.03 m
Basement Bedroom 4.08 m x 3.44 m
Basement Bathroom Measurements not available
Basement Laundry Room 4.33 m x 3.3 m
Ground Level Bathroom Measurements not available
Ground Level Kitchen 3.61 m x 1.76 m
Ground Level Dining Room 3.04 m x 3.61 m
Ground Level Living Room 5.19 m x 3.67 m
Ground Level Bedroom 3.55 m x 4.24 m
Ground Level Bedroom 2 4.3 m x 3.54 m

https://www.realtor.ca/real-estate/28632576/115-marlborough-avenue-kitchener

Contact Us

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Lisa Bloor
Broker

(519) 836-6365
lisabloor.com/

Jean Ramautor
Salesperson

(519) 578-7300
www.ramautor.com/
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