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$389,000
32 MOWAT Boulevard Unit# 52
Kitchener, Ontario, Ontario, N2E1X4
MLS® Number: 40767553
Property description
Prime Investment Opportunity! This end-unit condo townhouse is an exceptional find, ideally positioned for investors seeking strong returns through both appreciation and potential rental income. Its coveted end-unit status and no rear neighbours offer enhanced privacy and a competitive edge in the rental market. The property backs onto green space and a playground, a significant amenity for attracting tenant families. The fully fenced, private yard with a large, shading tree and patio is a highly desirable feature for tenants, offering sought-after outdoor living space. The interior presents an open-plan living and dining area that is structurally sound but awaits some cosmetic updates. This blank canvas offers an excellent opportunity to execute a modern, high-ROI renovation that will significantly increase the property's rental yield and long-term resale value. This location is a significant asset for attracting and retaining quality tenants with superior transit & walkability: The property boasts a high level of convenience, being within walking distance of bus routes, schools, shopping, and parks. This reduces tenant reliance on a vehicle, even though there is parking right outside and opportunity for a second. The expressway is minutes away, providing seamless vehicular access to all of Kitchener-Waterloo and the broader region, making it an ideal hub for professionals commuting throughout the Tech Triangle. In a market with sustained demand for quality rental housing, this property offers a compelling combination of low-maintenance updates, value-add potential, and a prime, transit-friendly location.
Building information
Type
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Appliances
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Architectural Style
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Basement Development
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Basement Type
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Constructed Date
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Construction Style Attachment
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Cooling Type
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Exterior Finish
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Fixture
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Foundation Type
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Half Bath Total
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Heating Fuel
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Heating Type
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Size Interior
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Stories Total
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Utility Water
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Land information
Access Type
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Amenities
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Fence Type
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Sewer
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Size Total
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Rooms
Main level
Dining room
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Kitchen
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Living room
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2pc Bathroom
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Lower level
Laundry room
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Storage
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Second level
4pc Bathroom
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Bedroom
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Bedroom
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Primary Bedroom
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Courtesy of RE/MAX TWIN CITY REALTY INC., BROKERAGE
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