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Home ON Kitchener - Cambridge - Waterloo Kitchener Doon Doon South
1221 DOON VILLAGE Road
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$639,900
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1221 DOON VILLAGE Road
Kitchener, Ontario N2P1A8

MLS® Number: 30719962

Listing Description

It will just sit there and make you money. Live Free in One Unit while paying the mortgage with the rental income of the other 3 units. Water and gas paid by the owner, tenants pay hydro. Property is designated under Part 5 of the Heritage Act. Doon Village Road 4-plex , beautiful older building with large lot attached. Building is fully rented, currently month to month and all long term tenants. Rents are; Unit 1 one bedroom $743 plus hydro ; Unit 2 three bedroom $809 plus hydro ; Unit 3 two bedroom $835 plus hydro ; Unit 4 three bedroom $1200 plus hydro. Total income projected for 2019 is $43,044.00. Separate hydro meters. Septic tank replaced 2004. New roof 2017. Survey available outlining property is just under 1/2 of an acre in total. Property backs on to Wilfong Pond. L-shaped lot. Plenty of parking. (33493937)

Property Summary

Property Type
Multi-family
Building Type
Fourplex
Storeys
2
Subdivision Name
335 - Pioneer Park/Doon/Wyldwoods
Title
Freehold
Land Size
under 1/2 acre
Parking Type
No Garage
Time on REALTOR.ca
2092 days

Building

Interior Features
Appliances Included
Refrigerator, Stove, Stove
Basement Type
Full (Unfinished)
Building Features
Features
Paved driveway, Year Round Living
Foundation Type
Stone
Style
Detached
Architecture Style
2 Level, Multi-Unit
Fire Protection
Fire alarm system, Smoke Detectors
Rental Equipment
None
Total Units
4
Heating & Cooling
Cooling
None
Heating Type
Boiler (Natural gas)
Utilities
Utility Type
Water (Available)
Utility Sewer
Septic System
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Business
Business Type
Residential
Parking
Parking Type
No Garage
Total Parking Spaces
8

Measurements

Square Footage
3476 sqft

Land

Lot Features
Frontage
131 ft
Soil Type
Loam
Other Property Information
Zoning Description
R2
Data provided by: Cornerstone - Waterloo Region

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