Sold

14 Kennedy Ave, Kitchener, Ontario N2G 2Z8

$1,049,000 $1,010,000

14 Kennedy Ave, Kitchener, Ontario N2G 2Z8 is Sold and has a listing price of 1,049,000. The property is located in the Mill Courtland Woodside Park neighbourhood. It's been on the website for 103 Days.

  • Triplex
    Property Type
  • Residential
    Building Type
  • 3
    Bedrooms
  • 3
    Bathrooms
  • 3
    Parking Spaces
  • Office Name Search Realty
Property Description

Fully renovated, fully furnished and fully rented out with Mid Term Rentals, this legal triplex features excellent rents. The is one of the most lucrative investment properties on the market. 6% Cap Rate. Come check this out this great income producing property and find out how you can cash flow right away. This is a Turn Key, Ready, Set and Go opportunity for an investor. Close to vibrant downtown core, public transit and Hwy 7/8, Kitchener Market, ION and Victoria Park and walking& bike trails. Three completely independent units, each with separate entrances and a parking spot. This property was completely renovated to cater for higher rents on the mid-term market quartz countertops, stainless steel appliances, including dishwasher sand individual washer and dryers, modern bathrooms, and fully furnished to the highest detail living rooms, bedrooms, kitchen and baths, all the furniture and appliances and TV’s are included in the sale.

Property Details
  • Bedrooms: 3
  • Bathrooms: 3
  • Price: $1,049,000
  • Lot Depth: 100
  • Lot Front: 40
  • Transaction Types: Sold
  • Year Built: N/A
  • Bonus Room: 1
  • Dir / Cross St: Courtland to Kent to Kennedy
  • Status: U
  • Tax Year: 2024
  • Rooms: 1
  • Municipality District: Kitchener
  • Building Type: Residential
  • Property Type: Triplex
  • Property Type: All Houses
  • Property Sub Category: Triplex
Price History
List Date MLS ID List Price Status End Date Closed Price
02/14/2025 X11972386 $2,000 For Lease - -
02/13/2025 X11972363 $1,750 For Lease - -
02/13/2025 X11972372 $2,500 For Lease - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Mill Courtland Woodside Park
  • $871,093 Average List Price
    based on 1 year
  • 5 New Listings
    based on 30 days
  • 68 Median Days on Market
    based on 1 year
  • List vs. Selling Price 3.79 % Below
  • Sold (12mo) 16
  • Rented (12mo) 4

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Property Type Distribution
  • All Houses
    81.04%
  • Commercial
    6.4%
  • Condo
    11.71%
  • Land for Sale
    0.85%
Additional Details
Extras

**INTERBOARD LISTING: THE OAKVILLE, MILTON & DISTRICT R. E. BOARD**

  • Heat Type Forced Air
  • Sewers Sewers
  • Heat Source Gas
  • Style 2-storey
  • Washroom Type1: 1
  • Basement2 Sep Entrance
  • Parking Spaces: 3
  • Water Municipal
  • Exterior Brick
  • Total Parking Spaces: 3
  • Property Features Public Transit
  • Property Features2 School Bus Route
  • Garage: N/A
  • Basement Apartment
  • Kitchen 2
  • Family Room: N
  • Area Code: 40
  • Washrooms Type 1 # Pcs: 3
  • Washrooms Type 2 # Pcs: 3
  • Washrooms Type 3 # Pcs: 3
  • Washrooms Type 4 # Pcs: N/A
  • Washrooms Type 5 # Pcs: N/A
  • Washrooms Type 2: 1
  • Washrooms Type 3: 1
  • Washrooms Type 4: N/A
  • Washrooms Type 5: N/A
  • Taxes: $3,450
  • Sold Date: 16/01/2025
  • Last Status Sld
  • Original Price: $1,189,900
  • Sold Price: $1,010,000
  • Addl Monthly Fees: $0
  • Days On Market2: 87
  • Type: .k.
  • Exterior Shingle
  • % Listing Price: 96
  • Possession Remarks: Flexible/Immed
  • Listing Entry Date: 23/10/2024 16:04:25
  • First Open House Date:
  • Possession Date:
  • Zoning R1
  • Closed Date: 12/02/2025
  • Last Updated: 22/01/2025 13:40:55
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