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.
EXTRAS: Dryer, Two stoves, Two Washers, Two Refrigerators
Virtual Tour: https://youriguide.com/110_stonybrook_dr_kitchener_on/
Last updated on : Monday 2nd of June 2025 10:21:02 AM
Street : 110 STONYBROOK DRIVE
City : Kitchener
Country : Canada
Postal Code : N2M4L7
Property ID : X12158201
Building Type : Duplex
Property Type : Multi-family
Bedrooms : 3 + 2
Bathrooms : 2
Parking : 4
Parking Type: No Garage