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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

$ 429,900

Est. payment | -/mo

4 Beds

2 Baths

700 SqFt

Save

$ 429,900

Est. payment | -/mo

Save

4 Beds

2 Baths

700 SqFt

Key Details

Property Type Single Family Home, Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

Approx. Sqft 700 - 1100

Square Footage 700 sqft

Price per Sqft $614

MLS® Listing ID X13006288

Bedrooms 4

Property Sub-Type Townhouse

Property Description

[ HIGHEST CAP RATE IN TOWN at 7%+ | FULLY VACANT | PRIME DOWNTOWN INVESTMENT ] Rare opportunity to acquire a fully vacant, non-conforming duplex townhouse offering the highest potential cap rate in town (7%+) and unmatched flexibility for investors or owner-occupiers. With both units vacant, you can immediately set market rents, house-hack, accommodate multigenerational living, or explore alternative uses - no tenant constraints. The upper unit features updated flooring and a clean, neutral palette. A bright living room flows into the dining area, creating a comfortable and functional living space. The kitchen offers white cabinetry, ample storage, and outdoor views. Builtin hallway cabinets and additional storage add everyday convenience. Upstairs are three well-sized bedrooms, a 4-piece bath, and access to a private balcony. The lower unit has a separate entrance, enhancing privacy and rental appeal. It includes a kitchen, family room, spacious bedroom, 4-piece bath, and additional storage - ideal for a secondary rental unit, in-law suite, or extended family use. At market rents, the property can easily generate $3,500+/month in combined income, delivering strong cash flow. The investment performance speaks for itself, with a net profit exceeding $31,000 in 2025, making this a true turn-key, high-yield asset. Located in the heart of Downtown Kitchener, steps to ION LRT, Kitchener Market, Victoria Park, schools, shopping, and dining - ensuring long-term demand and rent stability. Vacant. High-yield. Flexible. A standout opportunity for savvy investors looking to maximize returns from day one. Book your private showing today. (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

Extra Room 1 Second level 3.33 m X 2.46 m Bedroom 2

Extra Room 2 Second level 2.61 m X 3.4 m Bedroom 3

Extra Room 3 Second level 3.58 m X 2.72 m Primary Bedroom

Extra Room 4 Basement 2.37 m X 3.27 m Bedroom 4

Extra Room 5 Basement 2.39 m X 3.05 m Family room

Extra Room 6 Basement 3.48 m X 3.09 m Kitchen

Interior

Heating Forced air

Cooling None

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 1

Garage No

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Others

Ownership Freehold

Listed by CITYSCAPE REAL ESTATE LTD.

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+1(647) 493-3579

info@tonyledi.com

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61 Eby ST South #B Kitchener, ON N2G3K9