For Sale

55 SILVER ASPEN Crescent, Kitchener, Ontario N2N1H5

$840,000

55 SILVER ASPEN Crescent, Kitchener, Ontario N2N1H5 is For Sale and has a listing price of 840,000. The property is located in the Forest Heights neighbourhood. It's been on the website for 24 Days.

  • Multi-family
    Property Type
  • Duplex
    Building Type
  • 5
    Bedrooms
  • 2
    Bathrooms
  • 3
    Parking Spaces
  • MLS ID: 40693491
  • Office Name EXP Realty Brokerage
Property Description

A fantastic investment opportunity awaits with this stunning legal duplex in a desirable, family-friendly neighborhood. This turn-key property offers incredible income potential, with top-tier tenants already in place and generating an impressive annual return. Both units are beautifully designed with high-end finishes, including luxury vinyl plank flooring, quartz countertops, stainless steel appliances, and in-suite laundry. Thoughtful upgrades such as a separate hydro meters, upgraded R60 attic insulation, pot lighting, and a modern electrical panel make this a worry-free investment. Conveniently located just minutes from grocery stores, shopping, schools, parks, and transit, Silver Aspen is a prime rental location that will always attract demand. With a gross income of over $40,000 and minimal expenses, this property is a true wealth-builder. Live in one unit while renting out the other as a mortgage helper, or maximize your portfolio with a fully leased duplex. ?Let’s schedule a viewing and discuss how this can be the next great addition to your investment ?p?ortfolio! (id:43137)

Property Details
  • Bedrooms: 5
  • MLS ID: 40693491
  • Bathrooms: 2
  • Price: $840,000
  • Transaction Types: For Sale
  • Ref ID: 27861939
  • Year Built: N/A
  • Building Type: Duplex
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: Duplex
Price History
List Date MLS ID List Price Status End Date Closed Price
01/31/2025 40693824 $840,000 For Sale - -
01/31/2025 40693491 $840,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Forest Heights
  • $771,402 Average List Price
    based on 1 year
  • 26 New Listings
    based on 30 days
  • 16 Median Days on Market
    based on 1 year
  • List vs. Selling Price 2.73 % Below
  • Sold (12mo) 58
  • Rented (12mo) 6

  • 1 Month Change -7.1%
  • 3 Month Change -4.6%
  • 6 Month Change -8.6%
Walkscore
Property Type Distribution
  • All Houses
    95.46%
  • Commercial
    0.53%
  • Condo
    4.01%
Additional Details
  • Sewers Municipal Sewage System
  • Basement2 Full (finished)
  • Heating System Forced Air
  • Water Municipal Water
  • Exterior Brick
  • Cooling System Central Air Conditioning
  • Total Parking Spaces: 3
  • Property Features Paved Driveway
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 31/01/2025 00:00:00
  • Zoning Uri-2
  • Agent Name: Gail Reeves Reid
  • Address Subdivision: 337 - Forest Heights
  • Last Updated: 31/01/2025 15:32:11
Open House Dates
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