5 Bedroom
4 Bathroom
2546 sqft
Central Air Conditioning
Forced Air
$1,059,000
Investor Alert – Fresh Opportunity at 65 Colton Circle! Back on the market and ready for its next chapter, this turn-key legal duplex in Kitchener’s highly sought-after Lackner Woods neighbourhood is the income-generating property you've been waiting for. Whether you're expanding your portfolio or just getting started, this is a rare chance to invest in a well-maintained, cash-flow-ready asset in a prime location. Set just steps from the picturesque Grand River trails and surrounded by top-rated schools, this property is perfectly positioned to attract reliable, long-term tenants. With shopping, restaurants, movie theatres, and everyday essentials all within a 5 km radius—not to mention quick access to major highways—this address offers serious tenant appeal. The main unit spans two levels and features a bright, open-concept layout, hardwood floors, a cozy gas fireplace, and a proper dining area. It includes three spacious bedrooms, a 5-piece main bath, a powder room, ensuite off the primary, and convenient main floor laundry. Downstairs, the legal 2-bedroom basement apartment is completely self-contained with a separate entrance and modern finishes—ideal for boosting rental income or accommodating multi-generational living. The fully fenced backyard features a large deck, providing great outdoor space for tenants to enjoy—adding even more value to this investment. Properties like this don’t come around often. With two quality rental units, a desirable neighbourhood, and strong income potential, 65 Colton Circle is an opportunity you don’t want to miss—book your private showing today! *Roof shingles were replaced in April 2022 *Concrete siding outside house added in 2024 *New Sump pump August 2024 *Basement renovated with city Permits in June 2024 (id:49269)
Property Details
MLS® Number
|
40714407 |
Property Type
|
Multi-family |
AmenitiesNearBy
|
Park, Playground |
CommunityFeatures
|
Quiet Area, Community Centre |
EquipmentType
|
Water Heater |
Features
|
Sump Pump |
ParkingSpaceTotal
|
3 |
RentalEquipmentType
|
Water Heater |
Building
BathroomTotal
|
4 |
BedroomsTotal
|
5 |
Appliances
|
Window Coverings, Garage Door Opener |
BasementDevelopment
|
Finished |
BasementType
|
Full (finished) |
ConstructedDate
|
2005 |
CoolingType
|
Central Air Conditioning |
ExteriorFinish
|
Brick, Vinyl Siding |
FoundationType
|
Poured Concrete |
HeatingFuel
|
Natural Gas |
HeatingType
|
Forced Air |
StoriesTotal
|
3 |
SizeInterior
|
2546 Sqft |
Type
|
Duplex |
UtilityWater
|
Municipal Water |
Parking
Land
AccessType
|
Highway Access |
Acreage
|
No |
LandAmenities
|
Park, Playground |
Sewer
|
Municipal Sewage System |
SizeDepth
|
115 Ft |
SizeFrontage
|
30 Ft |
SizeTotalText
|
Under 1/2 Acre |
ZoningDescription
|
R4 |
https://www.realtor.ca/real-estate/28131375/65-colton-circle-kitchener