Exceptional investment opportunity at 35 Fifth Avenue! This permit-ready triplex project is designed for maximum profitability with three expansive 1,500 sq. ft. units, each offering 3 bedrooms (expandable to 4) and 10 bathrooms total. Featuring separate entrances, private balconies, a basement porch, and 3 parking spots (1 garage + 2 driveways), this property is ideal for high-demand multi-family rentals. All permits, including building and demolition, are in place for immediate constructionjust step in and start building! With separate meters and gas heating, this R2B-zoned development is a builder’s dream and a smart investor’s next big win. Low $2,500 annual taxes and flexible possession make this a no-brainer. Survey includedeverything’s ready to break ground. Survey available & Grading is ready.
MLS# | 40682347 |
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Listing Type | For Sale |
Style | House |
Sub-Type | Resale |
Status | Active |
Days On Site | 46 |
Listing Provided By | RE/MAX REAL ESTATE CENTRE INC. | Hussam Tulimat |
Zoning | R4 |
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State | ON |
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County | Waterloo |
City | Kitchener |
Zip Code | N2C 1P5 |
Area | 3 Kitchener West |
Subarea | 311 Downtown | Rockway | S. Ward |
Community Name | 311 Downtown/Rockway/S. Ward |
Listing VS Median (in 311 Downtown/Rockway/S. Ward) | |
Price: $619,900 low | high Med: $499,999 On Site: 46 low | high Med: 7.000000 |