Opportunities like this don't come around often. Welcome to 118 Chandler Drive, a well maintained legal purpose built triplex tucked into a quiet, family friendly Kitchener neighbourhood. Whether you're an investor looking for a stable income producing property or a family searching for a home that allows multiple generations to live together while building long term wealth, this property offers the perfect blend of comfort, flexibility and future potential. Large windows fill each unit with natural light, while practical layouts create homes that feel open, comfortable and highly functional for everyday living. The units feel spacious, making them especially attractive for long term tenants and growing families. Several key updates have already been completed, including unit renos in recent years, a new roof new hot and water tank providing confidence in the condition of the property while allowing the next owner to focus on maximizing its potential. There's also coin operated laundry, offering an additional revenue stream with minimal effort. What truly sets this property apart is the opportunity for future growth. The generous lot and rear yard space invite buyers to imagine the potential of adding a 4th unit, possibly an Accessory Dwelling Unit in the backyard. For investors, this could significantly increase cash flow and overall property value. For multi generational families, it creates the possibility of a private living space for parents, adult children or extended family while still being close by. Location is another major advantage. The property is conveniently located near schools, parks, shopping, public transit and major commuter routes, making it highly appealing for both tenants and homeowners. Ample parking and a spacious lot add to its practicality. Whether you're building your investment portfolio or creating a home where multiple generations can thrive together, 118 Chandler Drive offers stability today and exciting possibilities for the future. (id:4069)
Address
118 CHANDLER DRIVE
List Price
$899,900
Property Type
Multi-family
Type of Dwelling
Multi-family
Transaction Type
Sale
Area
Ontario
Sub-Area
Kitchener
Bedrooms
8
Bathrooms
3
Floor Area
3000 - 3500 Sq. Ft.
Lot Size
53 x 150 FT Sq. Ft.
MLS® Number
X12888118
Listing Brokerage
Keller Williams Home Group Realty
Basement Area
N/A, N/A, N/A, Full, N/A
Postal Code
N2E1G6
