Welcome to 156 Mill Street, a fantastic investment opportunity in the heart of Kitchener! This legal triplex is ideally located with easy access to the scenic Iron Horse Trail, offering a peaceful setting while still being just minutes away from downtown Kitchener. The property is situated in a prime location with RES-4 zoning, which permits the development of up to 4 units, providing great potential for future growth. Currently set up as a triplex, the property features a spacious unfinished basement and a large yard, both of which present an exciting opportunity to add a fourth unit, increasing the property's rental income potential. Whether you're an investor looking to expand your portfolio or someone with a vision to create additional units, 156 Mill Street offers a unique opportunity to capitalize on the growing demand for rental properties in this vibrant area. Don’t miss out—schedule a viewing today and explore the possibilities! Unit#1 $2,000 ; Unit#2 $1,020 ; Unit#3 $1790 Inclusive of utilities, not separately metered. (id:4069)
Address
156 MILL Street
List Price
$799,000
Property Type
Multi-family
Type of Dwelling
Triplex
Area
Ontario
Sub-Area
Kitchener
Bedrooms
6
Floor Area
1,800 Sq. Ft.
MLS® Number
40716167
Listing Brokerage
RED AND WHITE REALTY INC.
Basement Area
Full (Partially finished)
Postal Code
N2M3P8
Zoning
RES-4
Site Influences
Public Transit