190 Melrose Avenue, Kitchener, ON

Description

A newly RENOVATED LEGAL DUPLEX on a LARGE lot, perfect for those looking for a turn-key investment, a mortgage helper, or to accommodate multi-generational families. With a potential yearly income of $57,000, this duplex features ample living space, a spacious garage, BRAND NEW legal basement apartment, all updated throughout with new luxury vinyl plank flooring, modern light fixtures, and fresh paint. The completely separate basement unit boasts TWO entrances - the main backyard entrance and a secondary garage entrance for added convenience and privacy. Abundant natural light bathes the units with the large windows throughout the upper and above-grade windows for the lower. The main floor hosts 3 generously-sized bedrooms and a 4-piece bathroom. The lower level has 2 large bedrooms, a 3-piece bathroom with a modern extra-large glass shower, a full kitchen with brand new stainless steel appliances, and a laundry room with full-size side-by-side washer & dryer. Safe and sound insulation between the units to minimize sound transfer and maximize privacy. This location is ideal, granting effortless access to neighbourhood amenities, nearby parks & conservation areas, close proximity to public transit, and straightforward highway access onto Conestoga Parkway. The generous lot offers the potential for an additional unit (ADU) in the rear yard for the opportunity to unlock additional value and income. See the potential for yourself on this not-to-be-missed property.