16 Overlea Crescent

About This Property

NEWLY UPDATED LEGAL DUPLEX MAIN FLOOR VACANT, BASEMENT UNIT TENANTED UNTIL THE BEGINNING OF APRIL 2025: Experience the charm of urban living in this thoughtfully updated duplex, ideally situated in Kitchener's Forest Hill neighborhood.Ideal for first-time buyers, savvy investors, and house hacking enthusiasts, this property offers a rare blend of substantial investment potential and refined living. This prime investment opportunity features 2 meticulously designed units that seamlessly combine comfort and functionality. The main level of this bungalow boasts a spacious 3-bedroom layout with an eat-in kitchen, a 3-pce bath, inviting living and dining rooms, and the convenience of in-suite laundry. The walk-out lower unit with separate entrance, offers a versatile potential 3-bedroom layout, complete with an eat-in kitchen, both a 4-pce and a 3-pce bathroom, living room with walk out access to the backyard, and in-suite laundry. Outside, an expansive private backyard with mature trees creates a serene environment for relaxation or entertaining. Additional highlights include a fenced backyard with a storage shed, a covered back porch and patio, and parking for up to three vehicles, offering both practicality and outdoor enjoyment. This home is ideally located near parks, schools, and community centres. Highland Hills Mall is 3 minutes away, Sunrise Shopping Centre is 5 minutes, and St. Marys Hospital is just a 4-minute drive. The University of Waterloo, Wilfrid Laurier University, and Grand River Hospital are all within 10 minutes. With easy access to public transportation, Highway 8, and the 401, this property ensures convenient connectivity. The Kitchener GO Transit Station is only 10 minutes away, making it perfect for commuters. This home offers a blend of location, convenience, and functionality.