18 Falesy Avenue, Kitchener
$569,000
18 Falesy Avenue, Kitchener
Total Monthly Obligation $2,979
No agent assigned
Attention Investors, Contractors, Flippers & First-Time Home Buyers! Welcome to 18 Falesy Ave, a detached bungalow situated in a desirable and established Kitchener neighbourhood. Offering plenty of potential and an opportunity to add value, this property is ready for your vision and personal touch.The main floor features 2 comfortable bedrooms and a full 4-piece bathroom. The basement provides additional usable space with a family room with fireplace and a large recreation roomand convenient 2-piece bathroom, offering flexibility for a variety of future uses. Whether you're looking to renovate and flip, explore a multi-unit conversion, or create your ideal starter home, this property presents an exciting opportunity.Take advantage of Kitchener's updated zoning regulations, which may permit up to 4 residential units on a qualifying lot. Subject to applicable requirements and municipal approvals, buyers may wish to explore possibilities such as a fourplex conversion or an additional residential unit in the backyard. Offered "AS-IS", the property requires some TLC but offers significant potential for the right buyer. Conveniently located near amenities and commuter routes, this could be an excellent opportunity for home owners and investors alike. Buyer Due Diligence: Buyers are responsible for conducting their own due diligence and confirming all zoning, multi-unit development and permit possibilities directly with the City of Kitchener. The Seller and Listing Brokerage make no representations or warranties, expressed or implied, regarding the feasibility, zoning, or approval of any development or conversion of the property. Don't miss this opportunity to unlock the potential of 18 Falesy Ave. Schedule your private showing today!
Closing Costs
Total Monthly Obligation
Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%
*This analysis is independently generated NOT provided by TREB or CREA.
Comparables
Properties near 18 Falesy Avenue
Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.
Data is provided courtesy of PropTx.
The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.
Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).
The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
Data last updated within the past 24 hours.