110 STONYBROOK DRIVE, Kitchener, Ontario
$849,000
- 5 Beds
- 2 Baths
LEGAL DUPLEX, 5.5% CAP RATE! Set on a large lot in a quiet, mature neighbourhood, this solid all-brick bungalow is a legal up/down duplex offering incredible value for investors or multi-generational families alike. With over $70,000 in recent renovations, the main floor boasts a bright, open-concept layout with new quartz countertops, an updated bathroom and modern vinyl flooring throughout. The upper unit is a spacious 3-bed, 1-bath suite with large windows, loads of natural light, and in-suite laundry. Its currently rented for $2,550/month + utilities. The lower level, with its own private entrance and walkout to a huge backyard, features 2 bedrooms, 1 bathroom, and in-suite laundryrented at $1,790/month + utilities. Just steps to scenic trails, top-rated schools, and minutes from downtown and highway access, this property is perfectly positioned in highly sought after Forest Hill. With a strong 5.5% cap rate and turn-key income in place, 110 Stonybrook is the kind of opportunity smart buyers move quickly on. (id:23309)
- Listing ID: X12158201
- Property Type: Multi-family
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Listing provided by Forest Hill Real Estate 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 110 STONYBROOK DRIVE in Kitchener Ontario. It was last modified on May 20th, 2025. Contact Elma Dajdic to schedule a viewing or to discover other Kitchener real estate for sale.