Was listed for:Expired Dec 31, 2024
$1,095,000

132 Merner Avenue

Kitchener, ON N2H 1X8

Multiplex ExpiredNot available

Property not available for sale or for rent.

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Sale & Price History for 132 Merner Avenue, Kitchener

2024-09-13
2024-12-31
Expired
Price
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MLS#
x9348164

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 132 Merner Avenue, Kitchener

Turn-key legal triplex with 72K+ gross annual income potential located in the desirable East Ward neighborhood of Kitchener. 132 Merner Ave features a 3 bed upper unit (vacant), lower 2 bed unit (tenanted) and rear bachelor unit (vacant). Spacious upper 3 bed unit features open living/dining room area, eat-in kitchen with pantry, updated bathroom, new paint and in-suite laundry. Lower 2 bedroom unit brand new in 2023 accessible through the separate side entrance currently rented at $2195 with A+ tenants. Unit includes 2 bedrooms, tiled shower in the bathroom, large open concept living/dining/kitchen area, SS appliances, new rads, interconnected fire alarms and large laundry/den area. Rear bachelor unit brand new 2023 with tiled bathroom/shower, in-suite laundry, new appliances, mini split duct for heat/AC. Each unit has it's own hydro panel, in-suite laundry, sound proofing, double wide driveway and double car garage with new doors, new drainage systems and more. Prime location, condition, and opportunity! Contact listing agent for financials.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$5,970
Land Transfer Tax Fee
$18,375

Basement Type
Separate Entrance, Finished

Interior Features

Interior Extras
Carpet Free, Separate Hydro Meter, Separate Heating Controls
Security Features
Carbon Monoxide Detectors, Smoke Detector
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None
Property Features
Place Of Worship, School, Rec./Commun.Centre, Public Transit, Park, Library

Building

Building Type
Multiplex
Building Style
Bungalow
Approx Age
51-99

Construction

Exterior Finish
Brick
Roof
Asphalt Shingle
Foundation Details
Poured Concrete
Special Designation
Unknown

Lot

Lot Front
42.00 ft
Lot Depth
122.00 ft

Inclusions

Inclusions
Appliances

Exclusions

Exclusions
Tenant Belongings

Parking & Garages

Garage Type
Attached
Garage Spaces
2
Parking Spaces
2
Total Garage And Parking Spaces
4

Heating & Cooling

Heat Source
Gas
Heat Type
Radiant
Air Conditioning
Other
Water
Municipal
Sewers
Sewer

Bedrooms
6
Washrooms
3
Kitchens
3

Washrooms

  • 4-piece
  • 3-piece

Municipality
Kitchener
Main cross streets
krug/east
Zoning
r4

MLS® number
X9348164
Data source
Toronto Regional Real Estate Board
Status change
2024-12-31
Listed on
2024-09-13
Days on market
109 days
Possession date
2024-09-13
Possession type
September 13, 2024
Co-op commission
2
Seller
Listed by
FLUX REALTY

Home Market Value

Current home valuation for 132 Merner Avenue, Kitchener, , . Listed for $1,095,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 132 Merner Avenue, Kitchener

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Minimum Down Payment Required:7.7%

5% on first $500K + 10% on $595,000 over $500K

Minimum down payment

$84,500

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$40,384$30,551$26,061$0
=Total mortgage
$1,049,974$1,016,051$956,811$876,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$5,126monthly$4,961monthly$4,672monthly$4,277monthly
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Land Transfer Tax

Provincial

$18,375

Total Land Transfer Tax

$18,375

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