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$899,500
Ontario,Kitchener
For Sale Active
7 BALMORAL DRIVE, Kitchener, Ontario N2M2J7
  • 5
  • 1
  • 2,076 Sqft
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Basic Details
Description

Fantastic opportunity to own a FULLY VACANT PURPOSE-BUILT TRIPLEX! in desirable Belmont Village, steps from Catalyst HIGH TECH HUB, offering both immediate flexibility and strong income potential. This well-maintained property features three Bright & SPACIOUS units, including two upper 2bdrm units and a basement 1bdrm unit where owner is starting renovations to convert it to a 2-bedroom layout –

creating even greater future rental possibilities!Large windows fill each unit with natural light, while practical layouts create homes that feel open, comfortable and highly functional for everyday living, The upper and middle units also feature a WALK OUT BALCONY. Each unit is separately metered for hydro. 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 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 (2020), ensuring low ongoing maintenance and long-term value. There’s also coin operated laundry, offering an additional revenue stream. GENEROUS LOT SIZE allowing potential of adding a 4th unit.The property is conveniently located near schools, parks, shopping, hospital ,public transit and major commuter routes, making it highly appealing for both tenants and homeowners. Whether you’re an investor or looking for a multi-unit property with flexibility and long-term potential, this is a great opportunity in a high-demand rental area close to transit, amenities, and everyday conveniences.With all units vacant, buyers have the rare advantage of setting their own rents and selecting tenants, or even occupying one unit while generating income from the others. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X13054494
  • Price: $899,500
  • Bedrooms: 5
  • Bathrooms: 1
  • Square Footage: 2,076 Sqft
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 283790
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: None
Address Map
  • Location: CA, Ontario, Kitchener, N2M2J7
  • Street: Balmoral
  • Street Number: 7
  • Street Suffix: Drive
  • Longitude: W81° 28' 56''
  • Latitude: N43° 26' 55.2''
Additional Information
  • Water Source:
  • Business Type: Residential
  • Lot Size Dimensions: Bldg=57.21 x 120 FT
Financial
  • Tax Annual Amount: 6661.2
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Listing updated: 2026-05-02 10:18:41
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Listing Information
  • List Agent Key: 2135830
  • List Office Key: 283790
  • Modification Timestamp: 2026-04-28T20:25:23Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2026-04-28T20:17:11Z
Powered by REALTOR.ca
Listing updated: 2026-05-02 10:18:41
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