REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Hussam Tulimat • RE/MAX REAL ESTATE CENTRE INC.
$ 619,900
Est. payment /mo
Active
35 Fifth Avenue Kitchener, ON N2C 1P5
UPDATED:
12/03/2024 05:05 AM
Key Details
Property Type Single Family Home
Sub Type Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID 40682347
Originating Board Waterloo Region
Annual Tax Amount $2,500
Property Description
Exceptional investment opportunity at 35 Fifth Avenue! This permit-ready triplex project is designed for maximum profitability with three expansive 1,500 sq. ft. units, each offering 3 bedrooms (expandable to 4) and 10 bathrooms total. Featuring separate entrances, private balconies, a basement porch, and 3 parking spots (1 garage + 2 driveways), this property is ideal for high-demand multi-family rentals. All permits, including building and demolition, are in place for immediate construction—just step in and start building! With separate meters and gas heating, this R2B-zoned development is a builder’s dream and a smart investor’s next big win. Low $2,500 annual taxes and flexible possession make this a no-brainer. Survey included—everything’s ready to break ground. Survey available & Grading is ready.
Location
Province ON
County Waterloo
Area 3 - Kitchener West
Zoning R4
Direction Fifth Avenue & Kingsway Drive
Rooms
Kitchen 0
Interior
Fireplace No
Exterior
Utilities Available Electricity Connected, Natural Gas Connected
Lot Frontage 40.09
Lot Depth 165.49
Garage No
Building
Lot Description Rural, Rectangular, Highway Access, Major Anchor, Public Transit, Schools
Faces Fifth Avenue & Kingsway Drive
Sewer Sewer (Municipal)
Water Municipal-Metered
New Construction No
Others
Senior Community No
Tax ID 225880000
Ownership Freehold/None
Copyright 2025 Information Technology Systems Ontario, Inc.