129 RIVER Road E, Kitchener, Ontario

$979,000

5 Beds
3 Baths
2,962 Square Feet

Solid brick a purpose-built triplex situated in the heart of Rosemount, a great investment opportunity offering tremendous income potential! This spacious property features a wide corner lot, perfect for future expansion with the possibility of adding accessory units to maximize your return on investment.Two 2 bedroom units are generously sized with brand new balconies, large kitchen and good size bedrooms, over 1000 sq ft of living space. One bedroom unit in the basement is completely renovated, including bathroom, kitchen, floors and electrical. Features three separately metered units, parking for more than 8 vehicles.Well maintained building with many upgrades and renovations, totaling over $120,000.00 recently, new shingle roof (2023), new brick chimney, upgrade to electrical panel in utility room, new sanitary mainline within building and through foundation connecting to property line, creating common area in the backyard, new sod (2024), 3 water heaters owned (2023) and much more. Sufficient outdoor parking. Book your showing today!! (id:50212)

Listing ID: 40743156
Property Type: Multi-family
Year Built: 1958

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Details

Amenities Nearby: Park, Place of Worship, Public Transit, Schools
Features: Paved driveway, Gazebo
Ownership: Freehold
Parking Spaces: 8
Structure: Shed
Transaction: For sale
Zoning Description: R2B

Building

Appliances: Water softener
BasementType: Full (Finished)
Basement Development: Finished
Constructed Date: 1958
Cooling: None
Exterior Finish: Brick
Fireplace Present: False
Foundation: Poured Concrete
Bathrooms (Total): 3
Heating: Baseboard heaters, Radiant heat
Heating Fuel: Natural gas
Size Interior: 2962 sqft
Stories Total: 2
Type: Triplex
Utility Water: Municipal water

Land

Amenities: Park, Place of Worship, Public Transit, Schools
Fence: Fence
Sewer: Municipal sewage system
Size Frontage: 125 ft

Listing provided by CENTURY 21 GREEN REALTY INC
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 129 RIVER Road E in Kitchener Ontario. It was last modified on June 19th, 2025. Contact The TanTeam to schedule a viewing or to discover other Kitchener real estate for sale.

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