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7 Balmoral Drive, Kitchener, ON N2M 2J7, Kitchener, Ontario

detached · 5 bed · MLS® X12682304

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$949,000

MLS# X12682304

7 Balmoral Drive, Kitchener, ON N2M 2J7

Kitchener, Ontario N2M 2J7

5

Bedrooms

Bathrooms

0

Sq Ft

0

Year Built

New Listing· Listed null days on marketPopular· 156 views todayHot Property· High interest
About This Property

Purpose-Built Triplex in the Belmont Village, Waterloo High Tech Hub!! This upgraded triplex in a quiet and desirable neighborhood steps from KW's high-tech community, offering exceptional income potential in a highly desirable location. Purpose-built and thoughtfully designed, the property features two spacious 2-bedroom units, each with private entrances, as well as a bright and generously sized 1-bedroom lower unit with abundant natural light. The upper and middle units also feature a walkout balcony, adding to their appeal. Each unit is separately metered for hydro, with an additional common meter and a shared laundry facility to streamline operations. All units will be vacant on closing, providing the flexibility to set market rents and maximize returns from day one. There is also parking for approximately six vehicles, offering excellent convenience for tenants or future owners. Extra shed in the parking lot for extra storage! Recent upgrades include updated flooring, new roof shingles (2019), ensuring low ongoing maintenance and long-term value. Ideally located near transit, parks, hospitals, and major amenities, this triplex is VACANT and a strong income generator in a thriving and desirable neighbourhood. Don't miss this is low-risk, high-reward investment opportunity with lasting potential!

Property Details

Property Type

Detached Home

Year Built

N/A

Lot Size

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Garage

N/A

Basement

N/A

Heating

N/A

Cooling

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Parking Spaces

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Location

Map View

7 Balmoral Drive, Kitchener, ON N2M 2J7, Kitchener, Ontario

About 7 Balmoral Drive, Kitchener, ON N2M 2J7

This Detached Home at 7 Balmoral Drive, Kitchener, ON N2M 2J7 is listed for sale in Kitchener, Ontario at $949,000.

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Kitchener is a thriving community in Ontario with excellent amenities, schools, parks, and transit access. Whether you are a first-time buyer, growing family, or investor, this detached home represents a compelling opportunity in Kitchener's real estate market.

MLS® number X12682304. Listed with RE/MAX Realty Specialists Inc., Brokerage. Contact Jagtar Singh for more information or to schedule a private showing.

This property is located in:

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Part of Waterloo Region

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$949,000

20% ($189,800)

Minimum 5% for homes under $500K, 20% to avoid CMHC insurance

5.5%
25 years

Estimated Monthly Payment

$4,662

*Principal & Interest only. Does not include taxes or insurance.

Principal$759,200
Total Interest$639,446
Total Cost$1,588,446
Jagtar Singh

Jagtar Singh

RE/MAX Realty Specialists Inc.

Contact About This Property
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