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Christine Caparello

[email protected] +1(905) 462-2775

Listed by Leighton Nash • PEAK REALTY LTD.

$ 799,900

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Open Sat 1AM-3PM

72 Obermeyer Drive Kitchener, ON N2A 1P6

5 Beds

2 Baths

1,625 SqFt

OPEN HOUSE

Sat Feb 08, 1:00am - 3:00pm

Sat Feb 08, 1:00pm - 3:00pm

Sun Feb 09, 1:00am - 3:00pm

UPDATED:

02/08/2025 01:04 AM

Key Details

Property Type Multi-Family

Sub Type Duplex Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 1,625 sqft

Price per Sqft $492

MLS Listing ID 40691379

Bedrooms 5

Abv Grd Liv Area 3,013

Originating Board Waterloo Region

Year Built 1970

Annual Tax Amount $4,774

Property Description

Welcome to 72 Obermeyer Dr., a rare opportunity to own a legal duplex with endless potential! This versatile property is ideal for multi-generational living or savvy investors looking for rental income. With separate meters for water, gas, and hydro, the home offers true independence for each unit. Both the upper and lower units are vacant and ready for new tenants or live in one unit and rent the other as a great mortgage helper. The oversized garage is a mechanic's dream and may offer the potential to be converted into an additional dwelling unit (ADU), if the necessary permits can be obtained. The garage also features an amazing loft which is perfect for storage or it can be finished to create a space to work on your favorite hobbies or projects. Perfectly situated, this home is centrally located with easy access to shopping, schools, and bus routes. Commuting is a breeze with the expressway and Highway 401 just minutes away. Whether you're looking to live, rent, or expand, this property is brimming with possibilities! Legal duplexes with both units vacant don't come along very often. Don't miss the chance to make it yours.

Location

Province ON

County Waterloo

Area 2 - Kitchener East

Zoning R2B

Direction Centrally located off Kinzie Ave. between River Rd. E. and King St.

Rooms

Basement Separate Entrance, Full, Finished

Kitchen 0

Interior

Interior Features Separate Heating Controls, Separate Hydro Meters

Heating Baseboard, Fireplace(s), Natural Gas

Cooling None

Fireplace Yes

Appliance Dryer, Refrigerator, Stove, Washer

Laundry In-Suite

Exterior

Exterior Feature Private Entrance, Separate Hydro Meters

Parking Features Attached Garage, Asphalt

Garage Spaces 2.0

Roof Type Metal

Porch Deck

Lot Frontage 55.23

Lot Depth 115.24

Garage Yes

Building

Lot Description Rectangular, Airport, Highway Access, Park, Playground Nearby, Public Transit, Regional Mall, School Bus Route, Schools, Shopping Nearby

Faces Centrally located off Kinzie Ave. between River Rd. E. and King St.

Story 1

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick Veneer,Concrete

New Construction No

Others

Senior Community No

Tax ID 225640084

Ownership Freehold/None

Christine Caparello

Advisor

+1(905) 462-2775

Christine Caparello

72 Obermeyer Drive Kitchener, ON N2A 1P6

OPEN HOUSE

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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72 Obermeyer Drive