127 Strathcona Crescent, Kitchener ON

About 127 Strathcona Crescent

Attention investors and savvy buyers! This fully renovated legal duplex offers a rare opportunity to generate strong rental income while owning a well-maintained, turnkey property. Thoughtfully converted and updated between 2017-2020, this versatile home provides two self-contained living spaces, making it an ideal addition to any investment portfolio. The upper unit features 3 spacious bedrooms, an updated full bathroom with double vanity, bright living and dining areas, a renovated kitchen, and access to an elevated deck. The upper level is currently generating $2,600/month in rental income, providing immediate cash flow. The lower unit offers an attractive open-concept layout with a modern kitchen, spacious living area with gas fireplace, 2 bedrooms, and 2 full bathrooms including a private ensuite. Heated floors throughout most of the lower level add premium comfort and appeal for tenants. Outside, the property offers excellent curb appeal with a brick and vinyl exterior, double-wide driveway, and oversized double garage with two separate garage doors, inside entry, and convenient backyard access. A natural gas BBQ hookup and private outdoor spaces further enhance the property s appeal. Major capital improvements include the roof (approx. 2020), exterior updates (2020/2021), garage doors (2017), driveway (approx. 5 years ago), furnace and air conditioning (2017), owned on-demand water heater, and owned water softener. Built in 1967, the home has been extensively modernized while maintaining its solid construction. With approximately 5 bedrooms, 3 full bathrooms, separate living spaces, ample parking, and strong income potential, this legal duplex presents an outstanding opportunity for investors, multi-generational families, or owner-occupants looking to offset mortgage costs with rental income. (id:56071). Get more information on 127 Strathcona Crescent

Property Features

Appliances:  Water softener
Features:  Automatic Garage Door Opener
Rental Equipment:  
Directions:  Lorraine to Carson to Strathcona
Zoning Description:  R2A
Interior Size (Approximate):  2365 sqft
Fence:  Fence
Community Features:  Community Centre
Lot (Approximate):  under 1/2 acre
Exterior Finish:  Brick Veneer, Wood
Water:  Municipal water, Municipal sewage system
Heating / Cooling:   Natural gas / Central air conditioning
Age (Approximate):  1967
Foundation: Poured Concrete
Construction:  Wood frame
Constructed Date:  1967
Basement:  Full (Finished) Finished

Rooms & Sizes

(Approximate)