Legal Duplex with Excellent Rental Income in Prime Location. Recently inspected by city official. Welcome to 11 Van Horne Place, a beautifully maintained legal duplex offering a rare blend of flexibility, location, and steady cash flow. 3+3 bedroom, 2-bathroom home is tucked away on a quiet cul-de-sac in a family-friendly neighbourhood and features two fully self-contained units each with private entrances, full kitchens, in-suite laundry, and generous living spaces. The lower unit is currently rented at $2,100/month + 50% of utilities. The upper unit is move-in ready with potential to offset your mortgage. Rental income from the basement can potentially be used toward mortgage qualification. Minutes from Conestoga College, Zehrs Grocery, Fairview Park Mall, schools, parks, and Hwy 401. Large, fully fenced backyard. Let your tenant help cover the mortgage while you build long-term equity. (id:4069)
Address
11 VAN HORNE PLACE
List Price
$849,000
Property Type
Single Family
Type of Dwelling
House
Style of Home
Raised bungalow
Transaction Type
Sale
Area
Ontario
Sub-Area
Kitchener
Bedrooms
6
Bathrooms
2
Floor Area
1100 - 1500 Sq. Ft.
Lot Size
36.5 x 178 FT ; 36.49 ft x 178.00 x 122.31 x 116.51 Sq. Ft.
MLS® Number
X12437503
Listing Brokerage
TRILLIUMWEST REAL ESTATE
Basement Area
N/A, Full
Postal Code
N2P1J8
Zoning
R2A
Features
Irregular lot size
Amenities
Fireplace(s)
