32 MOWAT Boulevard Unit# 52

For Sale - $375,000.00

ID#: 28834339

Prime Investment Opportunity! This end-unit condo townhouse is an exceptional find, ideally positioned for investors seeking strong returns through both appreciation and potential rental income. Its coveted end-unit status and no rear neighbours offer enhanced privacy and a competitive edge in the rental market. The property backs onto green space and a playground, a significant amenity for attracting tenant families. The fully fenced, private yard with a large, shading tree and patio is a highly desirable feature for tenants, offering sought-after outdoor living space. The interior presents an open-plan living and dining area that is structurally sound but awaits some cosmetic updates. This blank canvas offers an excellent opportunity to execute a modern, high-ROI renovation that will significantly increase the property’s rental yield and long-term resale value. This location is a significant asset for attracting and retaining quality tenants with superior transit & walkability: The property boasts a high level of convenience, being within walking distance of bus routes, schools, shopping, and parks. This reduces tenant reliance on a vehicle, even though there is parking right outside and opportunity for a second. The expressway is minutes away, providing seamless vehicular access to all of Kitchener-Waterloo and the broader region, making it an ideal hub for professionals commuting throughout the Tech Triangle. In a market with sustained demand for quality rental housing, this property offers a compelling combination of low-maintenance updates, value-add potential, and a prime, transit-friendly location. (id:42870)