519-570-4447

243 CONNAUGHT Street, Kitchener, Ontario, N2C1B4

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For sale, ID#: 40377795
243 CONNAUGHT Street
Kitchener Ontario
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3 + 1 Beds
3 Bath (2 full, 1 half)
$999,888

Attention investors: Purchase a Renovated house with a FULLY approved severance and site plan with the City of Kitchener. A few conditions to be met for severance. Seller has pending lease agreements that will be signed for $4500 per month! Realize a 30% ROI with a positive cashflow while inheriting a lot beside which adds 230k of property value for future build, development and more cashflow. Endless opportunities. The approval for severance is to build a Semi detach on the property a a completely seperate lot. This stunning house in Kitchener has been fully renovated from the studs up, offering far more than your average cosmetic job. With high-end finishes and brand-new windows and electrical systems, all you need to do is move right in and start enjoying your new home. But the potential doesn't stop there - the city has approved plans for another lot, and all that's needed are a few more conditions before it can be fully severed from the surrounding area. This investment opportunity offers not only a contemporary living space but also the chance to increase your equity by taking advantage of the additional value offered by the approved plans. And with easy access to amenities and nearby highways, this property is perfect for families looking to enjoy the best of both worlds - a modern and comfortable home, with the potential for future growth. Great in-law potential (rough in for kitchen) downstairs with 1 bedroom downstairs, 3+1. Don't miss out on this amazing opportunity - come see 243 Connaught St today! Seller willing to holdback mortgage 200k. (id:2471)

Representative
Sam Abdallah
Sam AbdallahSales Representative
Keller Williams Innovation Realty, Brokerage
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Property Details
  • Property Address: 243 CONNAUGHT Street, Kitchener, Ontario, N2C1B4
  • Property Type: Single Family
  • Zoning Description: R4
  • Title: Freehold
  • Acreage: under 1/2 acre
  • Sewage Type: Municipal sewage system
  • Water Type: Municipal water
  • Amenities Nearby: Park, Public Transit, Schools, Shopping
Structure Details
  • Structure Style: House
  • Style: Detached
  • Storeys: 2
  • Floor Space: 1350
  • Bedrooms: 3 + 1
  • Bathrooms: 3-Total 1-Partial
  • Basement Type: Full (Finished)
  • Cooling: Central air conditioning
  • Exterior Type: Brick
  • Foundation Type: Block
  • Appliances Included: Dishwasher, Refrigerator, Stove, Washer, Microwave Built-in
Amenities / Features
  • Park/reserve
  • Quiet Area
  • School Bus
Room Details
Type Level Dimensions
Primary Bedroom Second level 16'2'' x 11'1''
Bedroom Second level 14'4'' x 11'7''
4pc Bathroom Second level 6'10'' x 8'2''
Recreation room Basement 11'9'' x 15'5''
Laundry room Basement 11'4'' x 13'9''
Bedroom Basement 9'7'' x 11'10''
3pc Bathroom Basement 6'9'' x 6'5''
Kitchen Main level 12'4'' x 12'11''
Living room Main level 13'5'' x 11'3''
Dining room Main level 13'2'' x 11'0''
Den Main level 7'5'' x 6'7''
Bedroom Main level 11'6'' x 9'8''
2pc Bathroom Main level 6'9'' x 3'10''
Neighbourhood Information

Listing Office: KELLER WILLIAMS INNOVATION REALTY

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243 CONNAUGHT Street, Kitchener, Ontario, N2C1B4

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