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Raymond Hau

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115 Marlborough AVE Kitchener, ON N2M 1H7

5 Beds

3 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

MLS Listing ID X12297553

Style 2-Storey

Bedrooms 5

Building Age 51-99

Annual Tax Amount $5,295

Tax Year 2024

Property Sub-Type Triplex

Property Description

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.

Location

Province ON

County Waterloo

Area Waterloo

Rooms

Family Room No

Basement Full, Separate Entrance

Kitchen 3

Separate Den/Office 1

Interior

Interior Features Carpet Free, Guest Accommodations, In-Law Suite, Separate Hydro Meter, Separate Heating Controls, Storage, Water Heater, Water Softener

Cooling Window Unit(s)

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Porch

Parking Features Private Double

Garage Spaces 3.0

Pool None

Waterfront Description None

Roof Type Asphalt Shingle

Lot Frontage 54.0

Lot Depth 124.0

Total Parking Spaces 7

Building

Unit Features Level,Public Transit,School

Foundation Poured Concrete

Others

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Listed by RE/MAX Real Estate Centre Inc

Raymond Hau

Team Leader

+1(416) 201-2001

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Markham, ON

Raymond Hau

115 Marlborough AVE Kitchener, ON N2M 1H7

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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115 Marlborough AVE