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115 Marlborough Avenue

Kitchener, N2M 1H7
5 Beds
3 Bath
2000-2500 sqft

$995,900

Est. Payment
$3,804/mo*
*Based on 20% down, 4% interest, 30-year term
Listed by RE/MAX Real Estate Centre Inc
TriplexMLS #X12297553New

Price comparison with similar homes in Kitchener

Compared to 5 similar homes
6.7% Higher
Market Avg. of (5 similar homes)
$933,558

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licences real estate agent for accurate comparison

Room Details

RoomFeaturesLevel
Kitchen
4.38 × 2.33 m
Second
Living Room
5.13 × 4.13 m
Second
Bedroom
3.93 × 3.54 m
Second
Bedroom 2
3.84 × 3.54 m
Second
Kitchen
3.61 × 1.76 m
Ground
Dining Room
3.04 × 3.61 m
Ground

Client Remarks

Purpose-Built Triplex in the St. Marys Hospital Neighbourhood! This upgraded triplex backs directly onto Admiral Park with convenient park access, offering exceptional income potential in a highly desirable location. Purpose-built and thoughtfully designed, the property features two spacious 2-bedroom units, each with private entrances, as well as a bright and generously sized 1-bedroom lower unit with abundant natural light. The upper unit also features a walkout balcony, adding to its appeal. Each unit is separately metered for hydro, with an additional common meter and a shared laundry facility to streamline operations. All units will be vacant on closing, providing the flexibility to set market rents and maximize returns from day one. A unique feature of this property is the three elongated single car garages, one dedicated to each unit, along with a loft area that offers additional income potential. There is also parking for approximately seven vehicles, offering excellent convenience for tenants or future owners. Recent upgrades include updated flooring, select plumbing improvements, roof shingles on the main building (2021), and a new garage roof (2024), ensuring low ongoing maintenance and long-term value. Ideally located near transit, parks, hospitals, and major amenities, this triplex is a strong income generator in a thriving neighbourhood. With significant upgrades already completed and all units ready for occupancy, this is a low-risk, high-reward investment opportunity with lasting potential.

About This Property

115 Marlborough Avenue, Kitchener, N2M 1H7

Property Type
Triplex
Lot Size
N/A
Style
2-Storey
Living Area
N/A

Home Overview

Basic Information

Last Updated
Virtual Tour
View Tour
Basement
Full, Separate Entrance
Building Size
N/A
Status
In-Active
Property Type
Triplex
Maintenance Fee
N/A
Year Built
2024
satellite view
Walk around the neighborhood
115 Marlborough Avenue, Kitchener, N2M 1H7
Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

Mortgage Information

Estimated Payment

$0 Principal and Interest

walking  Walk Score for 115 Marlborough Avenue

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