$1,100,000

124 Strange Street

Kitchener ON, N2G 1F3

Description

Attention savvy investors, this is a turn key investment property with room to grow and future development potential. Currently a 12 room licenced lodging house with an annual gross income of $63,000. R-5 zoning allows for additional building changes or additions. Morice Manor, a home providing community housing for over 30 years. The century home built in 1922 with over 1,800 sq ft contains 5 of the private bedrooms, a full bathroom, the main kitchen, full dining room and full living room. The rear addition built in 1989 added an additional 1,600 sq ft, with 7 additional private bedrooms, another kitchen and full bathroom. Ample parking with the paved 40x67 parking lot in the rear yard. Located in the quiet neighbourhood of Cherry Hill, right in the heart of Kitchener, Morice Manor backs onto beautiful Cherry Park and is the perfect location for everything your residents need. A quick walk to downtown Kitchener, Grand River Hospital, grocery stores and more!

Details

MLS#40089054
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1922
Days On Site19

Features

SQ Feet3,021
Units12
Building(s)1
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Area Information
ProvinceON
CountyWaterloo
CityKitchener
Postal CodeN2G 1F3
Area3 - Kitchener West
Listing VS Median (in N2G 1F3)
Price:
$1,100,000
low | high
Med:
$1,100,000
50% of Average
SqFt:
3,021
low | high
Med:
3,021
50% of Average
$ / SqFt:
$364
low | high
Med:
$364
50% of Average
On Site:
19
low | high
Med:
19
100% of Average
Sourced by Back At You
Listing Updated: April 20, 2021 5:30:41 AM PDT
KEVIN REITZEL LogoMLS Number: 40089054
Listing Provided By:
KEVIN REITZEL  of  KELLER WILLIAMS GOLDEN TRIANGLE REALTY
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