296 DUMFRIES Avenue, Kitchener, N2H2E8

Home Overview

Description

Are you looking for a multi-residential property, or interested in a mortgage-helper opportunity? Welcome to 296 Dumfries Avenue, a solid all-brick legal duplex ranch bungalow on a large 60’ x 135’ fully fenced lot in a quiet, family-friendly neighbourhood. This property offers flexibility, income potential, and peace of mind with key updates already completed. The main level features four bedrooms, a bright living room with hardwood floors and pot lights, a well-maintained kitchen with a separate dining area, and a 4-piece bath. The lower unit, professionally built out in 2020, includes two bedrooms, a generous eat-in kitchen, a spacious living room with a large window, and a 4-piece bath. Both units have their own laundry and each unit comes with five appliances. Major mechanicals, including the furnace, A/C, two water heaters, and two softeners were all replaced in 2020. The home also includes a single-car garage (assigned to the lower unit) and a double driveway for use by the upper unit. Currently rented ($2,600 upper / $2,000 lower, tenants pay utilities, except heat), this property offers strong returns for investors while still being perfectly suited for extended families or buyers seeking rental income support. Note: The upper tenant has given notice they are vacating November 1, 2025. The lower tenant is leased until May 1, 2026. The oversized backyard is ideal for children, pets, or entertaining, and the location puts you close to the expressway, schools, parks, Frederick Mall, and everyday amenities. A versatile opportunity in a prime setting - this one checks all the boxes (id:39198)

49 days

On Market

Multi-family

Property Type

$4,709 / Year

Est. Taxes

Duplex

Style

-

Garage

Finished, Full

Basement