38 Foundry Street

Introducing a remarkable opportunity with a Multi-Family Home for sale in Baden , located at 38 Foundry Street, Baden. This purpose-built semi-detached raised bungalow duplex is ideally situated just minutes from the vibrant downtown area of Baden, making it an attractive prospect for both families and investors alike. The property boasts a timeless red brick exterior, which not only enhances its curb appeal but also complements the modern, carpet-free interiors found within both units.

This Multi-Family Home for sale in Baden features a thoughtful design that includes a total of four bathrooms, ensuring ample facilities for residents and guests. While the property does not include bedrooms or a den, the layout is designed to maximise functionality and comfort. The absence of a kitchen in the initial description suggests that this property may be suited for those looking to customise their living space according to their preferences.

Each unit within this duplex is equipped with central air conditioning, providing a comfortable environment throughout the warmer months. Furthermore, the presence of a fireplace adds a touch of warmth and charm, perfect for those cooler evenings. The property is furnished with essential appliances, including a dishwasher, dryer, refrigerator, stove, and washer, making it move-in ready for potential occupants.

The Multi-Family Home for sale in Baden offers a unique advantage with its separate entrance and walk-out access to the full, finished basement, which includes a sump pump for added convenience. This feature not only enhances the living space but also provides additional storage options. The basement's layout allows for flexibility, making it an ideal area for potential development or personal use.

Parking is never an issue at this property, as it includes a private double-wide driveway that accommodates up to six vehicles. This is particularly beneficial for families or investors who may have multiple tenants. The absence of a garage space is offset by the ample parking available on-site, ensuring that residents and visitors alike can enjoy hassle-free access.

Set within the welcoming community of 661 - Baden/Phillipsburg/St. Agatha, this Multi-Family Home for sale in Baden is conveniently located near schools, parks, and local amenities. This proximity to essential services enhances the appeal of the property, making it an ideal choice for families seeking a vibrant community atmosphere.

For those considering investment opportunities, the property offers the potential for significant financial returns. The possibility of living in one unit while renting out the other presents a unique chance to offset mortgage costs, with estimates suggesting that one unit could cover over £400,000 of your mortgage based on a 25-year amortisation at a 4.14% interest rate. Alternatively, renting both units at market rates could yield a strong cap rate of 5.03%, with minimal future upkeep required.

The lot measures an impressive 33 X 134 feet, providing ample outdoor space for potential landscaping or recreational use. Although there is no pool on the property, the expansive yard allows for various outdoor activities, making it an excellent space for family gatherings or quiet relaxation.

In conclusion, the Multi-Family Home for sale in Baden at 38 Foundry Street, Baden, presents an exceptional opportunity for those looking to invest in a property that combines modern living with the charm of a small-town community. With its thoughtful design, ample facilities, and prime location, this property is sure to attract interest from a variety of buyers. Don't miss your chance to explore this unique offering and envision the possibilities that await within this versatile duplex.

The community of 661, encompassing Baden, Phillipsburg, and St. Agatha, offers a charming blend of rural tranquillity and suburban convenience, making it an appealing choice for prospective residents. Nestled within the picturesque landscapes of southwestern Ontario, this area is characterised by its friendly atmosphere, lush green spaces, and a strong sense of local identity. With easy access to essential amenities, including shops, schools, and recreational facilities, as well as a variety of outdoor activities along the nearby Grand River, 661 provides a serene yet vibrant lifestyle. The community is well-connected to larger urban centres, ensuring that residents can enjoy both the peace of small-town living and the conveniences of city life.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an excellent choice for families. The closest option is Baden Public School, just 0.7 km away, offering both English and French programs for grades JK to 8, with a solid school rating of 6.8. For secondary education, Waterloo-Oxford District Secondary School is situated 1.7 km from the property, providing grades 9 to 12 with a school rating of 5.9. Additionally, Holy Family Catholic Elementary School, located 4.8 km away, caters to students from JK to 8 and is rated at 6.6, offering a Catholic education. All schools in the vicinity are part of respected school boards, ensuring quality education in both public and Catholic systems. With a variety of educational options available, families will find a supportive learning environment close to home. The proximity to these schools not only enhances the convenience of daily commutes but also contributes to a vibrant community atmosphere, making this property an attractive option for those prioritizing education for their children.