1221 DOON VILLAGE Kitchener ON N2P 1A8

For Sale | Multi-Residential
$679,900.00
3476.00 sq ft
MLS# Kitchener – Waterloo
if(It will just sit there and make you money. Live Free in One Unit while paying the mortgage with the rental income of the other 3 units. Water and gas paid by the owner, tenants pay hydro. Property is designated under Part 5 of the Heritage Act. Doon Village Road 4-plex , beautiful older building with large lot attached. Building is fully rented, currently month to month and all long term tenants. Rents are; Unit 1 one bedroom $743 plus hydro ; Unit 2 three bedroom $809 plus hydro ; Unit 3 two bedroom $835 plus hydro ; Unit 4 three bedroom $1200 plus hydro. Total income projected for 2019 is $43,044.00. Separate hydro meters. Septic tank replaced 2004. New roof 2017. Survey available outlining property is 3/4 of an acre in total. Property backs on to Wilfong Pond. != null) {

Description

It will just sit there and make you money. Live Free in One Unit while paying the mortgage with the rental income of the other 3 units. Water and gas paid by the owner, tenants pay hydro. Property is designated under Part 5 of the Heritage Act. Doon Village Road 4-plex , beautiful older building with large lot attached. Building is fully rented, currently month to month and all long term tenants. Rents are; Unit 1 one bedroom $743 plus hydro ; Unit 2 three bedroom $809 plus hydro ; Unit 3 two bedroom $835 plus hydro ; Unit 4 three bedroom $1200 plus hydro. Total income projected for 2019 is $43,044.00. Separate hydro meters. Septic tank replaced 2004. New roof 2017. Survey available outlining property is 3/4 of an acre in total. Property backs on to Wilfong Pond.

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Building

  • Building Name
  • Construction
  • Cooling
    None

Land

  • Zoning
    R2

Location

1221 DOON VILLAGE Kitchener ON N2P 1A8

Sales Representative


Brokerage

RE/MAX TWIN CITY REALTY INC.

Price Information

  • Sale Price
    $679,900.00