73 Locust Street
Kitchener, Ontario N2H1W8

5 beds · 2 baths · null

Explore the pleasure of urban living with this renovated LEGAL DUPLEX, ideally positioned in the heart of Kitchener's Central Frederick neighbourhood. This home is a prime choice for first-time buyers or investors, offering substantial investment potential and a relaxed lifestyle. Near the University of Waterloo's School of Pharmacy, this home is close to employers such as Google and the Innovation Centre. Located within walking distance of the LRT, quick access to Highway 7/8 and the nearby GO Train for easy commutes to the GTA. The neighbourhood is bustling with cultural attractions including the Centre in the Square, Kitchener Market, The Museum, Library, Victoria Park, Kitchener Auditorium, and many dining options. It's a thriving hub of innovation/growth. The duplex features 2 meticulously designed above-grade units and a partially finished basement, ideal for those seeking a solid investment or a smart living arrangement. All bedrooms are above grade making both units feel like home. The main level unit of this duplex offers a 2-bedroom layout, including a large kitchen, 3-piece bath, living/dining room, laundry room and an amazing large front porch. Featuring 9ft ceilings, hardwood floors and extra soundproofing between the units for less noise transfer than traditional condos. The unfinished basement provides extra storage and future additional living space, enhancing the versatility of the property. The upper unit offers a 2-bedroom layout, a large sunroom, a finished attic, kitchen, 3-piece bath, living room, laundry; central heat and A/C for the second-floor unit combined with heat pump for additional independent comfort. **** EXTRAS **** Whether you are seeking a mortgage helper or a valuable addition to your residential investment portfolio, this opportunity is not one to miss. Seize the opportunity to invest in one of Kitchener's rapidly expanding neighbourhoods. (id:39198)

Facts & Features

Building Type Duplex

Year built

Square Footage

Stories 2.5

Bedrooms 5

Bathrooms 2

Parking 3

Neighbourhood

Land size 38 x 75.12 FT

Heating type Forced air

Basement typeN/A (Partially finished)

Parking Type

Time on REALTOR.ca7 days

This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.

Brokerage Name: RE/MAX PROFESSIONALS INC.

Powered by: REALTOR.ca

Home price

$895,000

Start with 2% down and save toward 5% in 3 years*

* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.

$8,141 / month

Rent $7,200

Savings $942

Initial deposit 2%

Savings target Fixed at 5%

Start with 5% down and save toward 5% in 3 years.

$7,175 / month

Rent $6,979

Savings $196

Initial deposit 5%

Savings target Fixed at 5%

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