Kitchener-Waterloo is growing, with record-setting population growth in 2024, and a diverse local economy powered by top academic institutions. 96 Duke Street West, is downtown Kitchener’s premier development site opportunity. Featuring over a half-acre rectangular site (.503) located adjacent to the Central LRT station, across from City Hall and approximately 500m or less from the Transit Hub of Waterloo Region (with future all-day train service to Toronto). With highly flexible D-5 zoning, this site could potentially house a 30+ storey high-rise residential tower someday. Also included is a land use study from Planner Mitchell Baker. Currently on the property is a 35-car parking lot providing rental income and a 17-unit multi-family building, well maintained and managed with stable tenancy. This is an excellent holding asset while plans are laid. Join the growth of Waterloo Region and develop an investment location that offers many directions.More details
**CAP RATE 7.47% Very strong annual income $211,659, can be purchased with property management company in place. DUPLEX + 12-PLEX - ATTENTION INVESTORS! Unique real estate assembly on 14 Brubacher St. (Duplex) and 16-18-20 Brubacher St. consisting of 4 bachelor units, 6 one-bedroom units and 2 two bedroom units sold together. All tenants pay their own hydro with 14 separate hydro meters, newer furnaces, 1 shared washer and dryer at 12-plex and parking for 11 vehicles total. 3 hot water tanks 1 rented and 2 owned. Half of the units have seen upgrades in last couple of years. Ideally positioned in the heart of Kitchener's Central Frederick neighborhood. Located within walking distance of the LRT, & close to the University of Waterloo’s School of Pharmacy, this area is close to major employers such as Google & the Innovation Centre, & provides easy access to Toronto via the nearby GO Train. The neighborhood is bustling with cultural attractions including Centre in the Square, Kitchener Market, The Museum, Library, & dining options. It’s a thriving hub of innovation/growth, further enhanced by Victoria Park & Kitchener Auditorium, adding to the area's appeal. 4 units are currently vacant and can be shown anytime.More details
ATTENTION HOME BUYERS AND INVESTORS! Welcome to 111-113 Joseph St., Kitchener where opportunities abound. This legal triplex presents numerous possibilities. Presently with 3 great tenants or consider occupying one unit for yourself while utilizing the other two separately hydro-metered apartments to assist with your mortgage payments. Whether you're looking to support
family members, secure a solid investment, or both, this property stands out in burgeoning Downtown Kitchener. But wait, there's more! Benefit from additional income generated by owned solar panels, it’s like having a fourth unit. All current tenants are open to staying. Some of the recent upgrades include… All new Windows (2023), Two New Furnaces (2022), Central Air in Unit 113 (2022) 3 New Tub Surrounds & Tub Fixtures (2022) All new Electrical Panels (2022) Much of the Front Porch and Upstairs Balcony Replaced (2022) And let's talk location! Situated on quiet, one-way Joseph Street within the charming Victoria Park Heritage District, this property offers the perfect blend of tranquility and urban convenience. Just steps away from Kitchener's picturesque Victoria Park, you'll also find yourself in the heart of the action. Explore downtown Kitchener on foot, with shops, restaurants, nightlife, museums, and cultural venues like the Centre In The Square, all just a short stroll away. If you're part of the high-tech scene, you're in luck – major employers like Google, Communitech, D2L, and mor (see attached)More details
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.More details
Presenting 45 Hohner Avenue in Kitchener's historic East Ward. Here is an opportunity to own a triplex for the price of a single family home in one of Kitchener's beloved neighbourhoods. First-time home buyers can factor in rental income from two units and live in the third. If looking for a solid investment, tenants have long considered the East Ward to be a desired rental location for it's quiet streets, proximity to downtown Kitchener, and charming heritage. Refer to the listing supplements for Investment Analysis and projected CAP Rate (two vacant units ready for market rents). Each unit at 45 Hohner has it's own laundry, and a considerable amount of space. The vacant mainfloor showcases some of the homes original trim and oak-strip hardwood flooring. The tenanted upper two bedroom unit, also includes a walkup finished attic for added living space. The vacant basement unit walks up to the backyard and could easily have space for a small BBQ on the back patio. Tenants have enjoyed having a common use backyard but there is also the potential for added parking in the rear of the property. For those considering 45 Hohner as their home, residents of the neighbourhood point to the community's much loved and well known art walks, summer porch party festivals and a close knit urban vibe.More details
Exceptional Legal Duplex with Bonus Dwelling Unit at 45 Bond St, Kitchener – Over $70,000/Year in Rental Income!
Discover an unparalleled investment opportunity at 45 Bond St, Kitchener, ON N2H 4S4 – a stunning brick bungalow offering over 2,500 sq ft of meticulously finished living space. This rare property features a legal duplex plus an additional dwelling unit (ADU), making it an ideal choice for investors, multi-generational families, or homeowners seeking substantial rental income. With a proven rental income exceeding $70,000 annually, this move-in-ready gem combines versatility, modern comfort, and a prime location.
Property Highlights:
* Main Level Unit: A spacious 3-bedroom, 1-bathroom bungalow layout bathed in natural light, featuring a timeless design and modern finishes, perfect for owner-occupancy or premium rental (approximately $2,600/month).
* Lower Level Suite: A fully equipped 1-bedroom, 1-bathroom unit with a separate entrance, currently occupied by a tenant paying $1,100/month, ideal for steady rental income or extended family.
* Additional Dwelling Unit (ADU): A self-contained 1-bedroom, 1-bathroom unit, previously rented for $2,050/month and now vacant, offering immediate income potential or flexible use for guests.
* Robust Construction: Solid brick exterior ensures durability, low maintenance, and lasting curb appeal.
* Prime Location: Situated in a vibrant Kitchener neighborhood, steps from top-rated schools, lush parks, and the dynamic Uptown Waterloo. Enjoy easy access to the Expressway for seamless commuting and proximity to amenities that attract tenants and homeowners alike.More details
Listed by RIGHT AT HOME REALTY BROKERAGE and RIGHT AT HOME REALTY BROKERAGE UNIT 36
Welcome to 82 Carnaby Cres !!! A purpose-built all-brick, well-maintained Triplex with great income. Two three-bedroom and one two-bedroom units. Located in a beautiful residential area of Idlewood/Lacknerwood subdivision, close to schools, trails, Grand River, just walking distance to grocery shopping, Tim Hortons, Starbucks, KPL, Community Pool, & much more ! Minutes away from 401 Highway. Possibility to get 2 units vacant on closing, which is an excellent opportunity to get an higher rent.More details
Welcome to 156 Mill Street, a fantastic investment opportunity in the heart of Kitchener! This legal triplex is ideally located with easy access to the scenic Iron Horse Trail, offering a peaceful setting while still being just minutes away from downtown Kitchener. The property is situated in a prime location with RES-4 zoning, which permits the development of up to 4 units, providing great potential for future growth. Currently set up as a triplex, the property features a spacious unfinished basement and a large yard, both of which present an exciting opportunity to add a fourth unit, increasing the property's rental income potential. Whether you're an investor looking to expand your portfolio or someone with a vision to create additional units, 156 Mill Street offers a unique opportunity to capitalize on the growing demand for rental properties in this vibrant area. Don’t miss out—schedule a viewing today and explore the possibilities! Unit#1 $2,000 ; Unit#2 $1,020 ; Unit#3 $1790 Inclusive of utilities, not separately metered.More details
HUGE INVESTMENT OPPORTUNITY! This solid brick 2+-storey home sits on an extra deep 200 ft lot. R-6 zoning allows for multiple development uses. This three unit building has a main floor 1 bedroom unit that features an updated kitchen and bathroom and a walkout to the deck. The basement unit has 1 bedroom with a walk-in closet and features an updated kitchen and bathroom plus a separate side entrance. The two upper floors have 2 bedrooms and extra storage in the walk-up attic. Rent out all the units or live in one and use the others as income helpers. Coin operated laundry machines on site. Lots of parking for all units. Centrally located on the border of Kitchener and Waterloo. Easy access to the LRT, Expressway, Grand River Hospital, Downtown Kitchener and Uptown Waterloo.More details
Discover a prime investment opportunity in Victoria Hills with this all-brick, purpose-built Triplex. Nestled close to downtown Kitchener, this property enjoys proximity to Grand River Hospital, Victoria Park, city trails, and various shopping destinations, ensuring it is always in high demand. This Triplex consists of spacious apartments—two 3-bedroom units and one 2-bedroom unit. Each featuring private balconies and ample living spaces that promise comfort and convenience for tenants. The lot is beautifully landscaped, enhancing the curb appeal and overall desirability of the property. With separate hydro meters for each unit and four dedicated parking spaces, operational ease is maximized. The financial upside is evident with current rents of $865, $966, and $2,100, showcasing significant potential for growth in rental income and market value. Proforma attached to show the potential ! Additionally, the owner has had Blueprints completed for an additional 2 apartments at the rear of this property. Please check out the RES-6 zoning with the City of Kitchener for a future of possibilities with this property !These opportunities could provide substantial income and growth for generations to come. Seize this unique opportunity to expand your portfolio in a key location!
Property being sold " As Is " Where is".More details
Attention to investors who are looking for a Purpose-built triplex in the quiet Chicopee/Lackner Woods neighbourhood near all amenities !Very quiet mature neighbourhood and walking distance to parks. This building consists of: Two -2 bedrooms apartments and One-1 bedroom apartment. Separate hydro meters. This Purpose-built Triplex is a great way to reduce your monthly expenses with Owner Occupying one unit and leasing out the other two units or fully leasing the building for the ideal investment property. The current Owner occupies one of the two bedroom apartments and rents out the other two apartments. The financial upside is evident with current rents of $1,450 per month & $827 per month plus Hydro, showcasing significant potential for growth in rental income and market value. Additionally, the owner has had Blueprints completed for the ultimate Owner occupied investment property. These plans would include a 4 car garage with a 3 bedroom apartment in the rear of the property. Proforma attached to show the potential ! Please check out the RES-4 zoning with the City of Kitchener for a future of possibilities with this property. This property is a fantastic opportunity that investors should not pass up. Property being sold " AS IS , WHERE IS'More details
Check out this centrally located all brick purpose built triplex. The building is well maintained and features two x 2 bedroom units, and one bachelor unit in the basement. The property also has a detached 2 car garage for parking or additional income. The building is heated via gas boiler heat, has separate hydro meters for each unit. Average rent in the building is $1,238 with great tenants, and allows for upside on rents in the future. Updates include: Boiler (2010), Roof (2011), Windows (2015), Driveway (2013).More details