26
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$715,000
Est. payment /mo
5 Beds
2 Baths
1,865 SqFt
Active
361 PROSPECT Avenue Kitchener, ON N2A1C9
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Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1865
Square Footage 1,865 sqft
Price per Sqft $383
Subdivision 226 - Stanley Park/Centreville
MLS® Listing ID 40856828
Bedrooms 5
Year Built 1957
Property Sub-Type Freehold
Property Description
VACANT TURNKEY LEGAL DUPLEX in a desirable Kitchener location, featuring a 3-bedroom upper unit and 2-bedroom lower unit. Converted to a legal duplex in 2020, the property offers two self-contained units ideal for investors, multi-generational living, or buyers looking to offset their mortgage with rental income. Each unit is equipped with its own 100 amp hydro panel and in-suite laundry for added convenience. Now fully vacant, giving buyers the flexibility to select their own tenants and establish current market rents, or occupy one unit while generating income from the other. A spacious 6-car asphalt driveway, installed in 2020, provides ample parking for both units. Additional updates include a new furnace in 2025 and new garage roof in 2026, adding long-term value and peace of mind. Both units have been freshly painted and refreshed, with additional recent improvements throughout. The basement is fully finished with the exception of the utility room. Located beside Sunnyside Public School, making school pick-up and drop-off exceptionally convenient. A solid opportunity in a great location for investors, extended families, or owner-occupiers looking for built-in income potential. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air,
Cooling Central air conditioning
Exterior
Parking Features Yes
Fence Partially fenced
View Y/N No
Attached Garage Yes
Total Parking Spaces 7
Garage Yes
Private Pool No
Building
Story 1
Sewer Municipal sewage system
Others
Ownership Freehold
Virtual Tour https://youriguide.com/361_prospect_avenue_kitchener_on/
Listed by eXp Realty, Brokerage