118 Strange Street Kitchener, Ontario N2G 1R3

$859,000

An exceptional opportunity to own a totally renovated, owner-occupied triplex offering excellent income potential and the added benefit of living in one unit while generating rental income from the others. This well-maintained property features an extensive list of upgrades and improvements throughout the years. Energy-efficient enhancements include R40 attic insulation, a solar thermal hot water booster system, a 4.3 kW solar photovoltaic system with a MicroFIT contract in place until May 2031, and a new SolarEdge 5 kW inverter installed in 2021. Additional improvements include spray foam insulation on basement walls and headers, an anti-scale water system, a complete Daikin HVAC system installed in 2021 with a 12-year warranty, and a new roof installed in 2021 with a 20-year warranty. The kitchens have been updated, including a new IKEA kitchen with four appliances in 2016 and an updated kitchen with three appliances in the upper apartment in 2022. The main-floor bathroom and entry were renovated in 2023, with a new Bosch dishwasher also installed. Other upgrades include triple-pane windows in the living and dining rooms, a new deck with glass panel railings, main-floor laundry with washer and dryer, an office cabinet and drawer system, a new basement apartment washer, and a Napoleon gas fireplace insert installed in 2024. Six First Alert smoke and carbon monoxide detectors with 10-year lithium power cells were installed throughout the property in 2026. With significant improvements, energy-efficient features, and excellent income potential, this versatile triplex is an ideal opportunity for investors or buyers looking to offset their living expenses while building long-term real estate value. (id:50787)

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https://www.realtor.ca/real-estate/30409441/118-strange-street-kitchener