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119 Fairmount Road
Kitchener
N2H 2G5
$948,888
Residential Income
beds: 5
baths: 3.0
2,369 sq. ft.
built: 1951
- Status:
- Active
- Prop. Type:
- Residential Income
- MLS® Num:
- 40714874
- Bedrooms:
- 5
- Bathrooms:
- 3
- Year Built:
- 1951
- Photos (34)
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Located in Kitchener’s desirable East Ward, 119 FAIRMOUNT ROAD presents a rare opportunity to acquire a LEGAL PURPOSE-BUILT TRIPLEX offering strong investment fundamentals and future upside. This well-maintained building WITH OVER 2368 sqft finished, features TWO 2-BEDROOM UNITS and ONE 1-BEDROOM UNIT, each fully self-contained with its own kitchen, bathroom, and living space—ideal for owner-occupiers, investors expanding their portfolio, or those seeking house-hack potential. The property sits on a DEEP 46' X 126' LOT with ample green space and PARKING FOR FOUR VEHICLES, enhancing tenant appeal. Unit 1 features a walkout to the backyard and updated flooring and is currently tenanted. Unit 2 is VACANT, offering immediate rental flexibility or move-in potential, while Unit 3 rounds out the building with two bedrooms and a full bath. Additional highlights include THREE OWNED HOT WATER TANKS, SEPARATE HYDRO METERS for each unit, shared laundry, and major updates including a NEW ROOF (2022) and FURNACE (2021). This area is HIGHLY SOUGHT AFTER—steps to Fairmount Park, minutes from downtown Kitchener, the LRT, Kitchener Market, Centre in the Square, and Fairview Mall. Quick access to the EXPRESSWAY and HIGHWAY 401 make this a commuter-friendly location. Backed by consistent rental demand and future value-add possibilities, this triplex offers STEADY CASH FLOW with the option to enhance returns through minor cosmetic updates or market rate turnover. Whether you're looking to LIVE IN ONE UNIT AND RENT THE OTHERS or hold as a fully tenanted investment, 119 Fairmount Road is a smart addition to any real estate portfolio.
- Property Type:
- Residential Income
- Property SubType:
- Multi-3 Unit
- Year built:
- 1951 (Age: 74)
- Listing General Location:
- 212 - Downtown Kitchener/East Ward, 2 - Kitchener East
- Bedrooms:
- 5
- Bathrooms:
- 3.0 (Full:-/Half:-)
- Lot Size:
- 5,881 sq. ft.
- Lot Details:
- 126.21 x 46.74
- Lot Depth:
- 126'2½"
- Lot Frontage:
- 46'8⅞"
- Lot Shape:
- 126.21 ft x 46.74 ft x 126.21 ft x 46.74 ft
- Kitchens:
- 0
- Elementary School:
- St. Anne (K); Sheppard P.S.; Sunnyside P.S.
- High School:
- St. Mary's Secondary School; Eastwood C.I.
- County Or Parish:
- Waterloo
- Features:
- Attached Garage: No, Crops Included: No, Garage: No, New Construction: No
- Construction:
- Brick
- Basement:
- Separate Entrance, Full, Finished
- Foundation:
- Poured Concrete
- Roof:
- Asphalt Shing
- Year Roof Replaced:
- 2022
- Number of Storeys:
- 3
- Number of Buildings:
- 0
- Total Floor Area:
- 2,368.89 sq. ft.
- Finished Area Above Grade:
- 1,601.94 sq. ft.
- Finished Area Below Grade:
- 766.95 sq. ft.
- Fireplace:
- false
- Laundry Features:
- Shared
- Water Supply:
- Municipal
- Water Treatment:
- Yes
- Sewer:
- Sewer (Municipal)
- Cooling:
- None
- Heating:
- Forced Air, Natural Gas
- Age Furnace:
- 2021
- Hot Water Tank Owned
- Hot Water Tank Owned, Refrigerator, Stove
- All Tenants Personal Belongings, All Staging Furniture And Decoration In Unit 2
- Separate Hydro Meters
- Year Round Living
- false
- No
- MONTGOMERY
- No
- HST Applicable To Sale Price:
- Included
- Features:
- Attached Garage: No, Crops Included: No, Garage: No, New Construction: No
- Zoning:
- RES-5
- Total Acres:
- 0.135
- Lot Site Features:
- Near Golf Course, Highway Access, Park, Place of Worship, Playground Nearby, Public Parking, Public Transit, Quiet Area, Rec./Community Centre, Regional Mall, Schools, Shopping Nearby
- Features:
- Attached Garage: No, Crops Included: No, Garage: No, New Construction: No
- Parking:
- Asphalt
- # Of Total Parking Spaces:
- 4.0
- # Of Open Parking Spaces:
- 4.0
- Driveway Parking:
- Outside/Surface/Open
- Licensed Dwelling:
- No
- Num Apartment Units:
- 0
- Num Bachelor Units:
- 0
- Num Efficiency Units:
- 0
- Num Loft Units:
- 0
- Num Other Units:
- 0
- Num Penthouse Units:
- 0
- Num Studio Units:
- 0
- Num Occupied Units:
- 2
- Listed Date:
- Apr 17, 2025
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Listed by Royal LePage Wolle Realty
Data was last updated April 24, 2025 at 03:50 AM (UTC)
Area Statistics
- Listings on market:
- 11
- Avg list price:
- $948,888
- Min list price:
- $669,000
- Max list price:
- $9,999,900
- Avg days on market:
- 30
- Min days on market:
- 6
- Max days on market:
- 105
- Avg price per sq.ft.:
- $394.02
These statistics are generated based on the current listing's property type
and located in
212 - Downtown Kitchener/East Ward. Average values are
derived using median calculations.
- SURESH KUMAR
- RE/MAX TWIN CITY REALTY INC.
- 1 (647) 9017116
- Contact by Email
Contact Us
Direct: 647-901-7116
info@sureshkangayam.com
Head Office
901 Victoria Street, North
Kitchener, ON, N2B 3C3
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.