23 RUTHERFORD DRIVE Detached-2 Level House in Kitchener, Ontario, N2A1P8

23 RUTHERFORD DRIVE

Kitchener, Ontario, N2A1P8, Canada

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Approx. price(Nov 2021):

$999,900

Building type:	House
Building style:	Detached-2 Level
Storeys:	2
Land Size:	under 1/2 acre
Floor Space:	1968
Bathrooms:	3
Bedrooms:	5
Parking Type:	None
Cooling:	None
Heating Type / Fuel:	Baseboard heaters, (Natural gas)
Basement / Features / Type:	/ / Full (Finished)
Exterior:	Aluminum siding, Brick
Water:	Municipal water

Property Description

House for sale in Kitchener located in 23 RUTHERFORD DRIVE , Ontario, N2A1P8, Canada. This House have 5 bedrooms and 3 bathrooms. This property listing building style is Detached-2 Level. For all the rest of the information we have about this property in Kitchener , see above.

4.34% cap rate! This triplex acts more like a four-plex with the $9, 000+ yearly annual income coming from the solar panels. This purpose-built triplex has two 2-bed units and one 1-bed unit and generates over $57, 000 per year in annual revenue. The renovated main floor is currently under lease for $1600 + hydro per month, the upper unit is under lease for $1550 + hydro per month and the basement unit is rented month-to-month for $847.30 + hydro per month, with all exceptional tenants. The solar panels have generated an average of $780 per month over the last 12 months. With over seven parking spots in the driveway available, newer deck on the back, new boiler (2021) and updated exterior, close to the expressway, fairview mall, and upcoming elevate condo project that will change the landscape of this neighbourhood, this is an investment you won't want to miss!

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23 RUTHERFORD DRIVE, Kitchener, Ontario, N2A1P8, Canada