7 Balmoral Drive
Kitchener, ON
- 5 bed
- 1 bath
- 2,076 sqft
- Investment
- 129 days on market
Fantastic opportunity to own a FULLY VACANT PURPOSE-BUILT TRIPLEX! in desirable Belmont Village, steps from Catalyst HIGH TECH HUB, offering both immediate flexibility and strong income potential. This well-maintained property features three Bright & SPACIOUS units, including two upper 2bdrm units and a basement 1bdrm unit where owner is starting renovations to convert it to a 2-bedroom layout - creating even greater future rental possibilities!Large windows fill each unit with natural light, while practical layouts create homes that feel open, comfortable and highly functional for everyday living, The upper and middle units also feature a WALK OUT BALCONY. Each unit is separately metered for hydro. All units will be vacant on closing, providing the flexibility to set market rents and maximize returns from day one. There is also parking for six vehicles, offering excellent convenience for tenants or future owners. Extra shed in the parking lot for extra storage! Recent upgrades include updated flooring, new roof shingles (2020), ensuring low ongoing maintenance and long-term value. There's also coin operated laundry, offering an additional revenue stream. GENEROUS LOT SIZE allowing potential of adding a 4th unit.The property is conveniently located near schools, parks, shopping, hospital ,public transit and major commuter routes, making it highly appealing for both tenants and homeowners. Whether you're an investor or looking for a multi-unit property with flexibility and long-term potential, this is a great opportunity in a high-demand rental area close to transit, amenities, and everyday conveniences.With all units vacant, buyers have the rare advantage of setting their own rents and selecting tenants, or even occupying one unit while generating income from the others.
Listing Details
- Taxes (2026)
- $6,661
- Listed
- April 28, 2026
Price History
Listing history
Sign in to view
Property
- Age
- 51-99
- Lot Size
- 57.21 x 120 Feet
Parking
- Garage
- None
Utilities
- Heat Source
- Gas
Location & Legal
- Cross Street
- Balmoral Drive and Brandon Ave
- Zoning
- Triplex - residential
- Parcel Number
- 224370112
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Business Type
- Apts - 2 To 5 Units
Community
Postal area N2M
- Population
- 36,494
- Private dwellings
- 16,113
- Median age
- 36.4
- Average household size
- 2.3
- Median household income
- $71,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Kitchener · last 12 months
- Median sold price
- $665,000
- Homes sold
- 1,926
- Median days on market
- 20
- Sale-to-list price
- 100.9%
Based on 1,926 recorded sales of commercial properties in Kitchener over the last 12 months.
Listed by
UPPERSIDE REAL ESTATE LIMITED
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 2,076 sq ft
- Price per sq ft
- $433.29
- Annual property tax
- $6,661
- Tax per sq ft
- $3.21
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. This listing mentions There is also parking for six vehicles, offering excellent convenience for tenants or future owners.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?