Prime Investment Opportunity! This end-unit condo townhouse is an exceptional find, ideally positioned for investors seeking strong returns through both appreciation and potential rental income. Its coveted end-unit status and no rear neighbours offer enhanced privacy and a competitive edge in the rental market. The property backs onto green space and a playground, a significant amenity for attracting tenant families. The fully fenced, private yard with a large, shading tree and patio is a highly desirable feature for tenants, offering sought-after outdoor living space. The interior presents an open-plan living and dining area that is structurally sound but awaits some cosmetic updates. This blank canvas offers an excellent opportunity to execute a modern, high-ROI renovation that will significantly increase the property's rental yield and long-term resale value. This location is a significant asset for attracting and retaining quality tenants with superior transit & walkability: The property boasts a high level of convenience, being within walking distance of bus routes, schools, shopping, and parks. This reduces tenant reliance on a vehicle, even though there is parking right outside and opportunity for a second. The expressway is minutes away, providing seamless vehicular access to all of Kitchener-Waterloo and the broader region, making it an ideal hub for professionals commuting throughout the Tech Triangle. In a market with sustained demand for quality rental housing, this property offers a compelling combination of low-maintenance updates, value-add potential, and a prime, transit-friendly location. (id:4069)
Address
32 MOWAT Boulevard Unit# 52
List Price
$375,000
Property Type
Single Family
Type of Dwelling
Row / Townhouse
Style of Home
2 Level
Transaction Type
Sale
Area
Ontario
Sub-Area
Kitchener
Bedrooms
3
Bathrooms
2
Floor Area
1,266 Sq. Ft.
Year Built
1974
Maint. Fee
$511.35
MLS® Number
40767553
Listing Brokerage
RE/MAX TWIN CITY REALTY INC., BROKERAGE
Basement Area
Full (Unfinished)
Postal Code
N2E1X4
Zoning
R2B
Site Influences
Park, Playground, Public Transit, Schools, Shopping
Features
Backs on greenbelt, Sump Pump, Private Yard
