HIGHEST CAP RATE IN TOWN at 7%+! Explore an exciting investment opportunity in this non-conforming duplex townhouse with two separate units. The upper unit sets the tone with updated flooring and a neutral palette. The bright living room seamlessly joins the dining room, forming a cozy gathering space. The kitchen, designed for functionality, features white cabinets and outdoor views. The hallway has built-in storage cabinets and an extra storage area. Upstairs, discover three comfortable bedrooms and a convenient 4pc bath. The second-floor has access to a balcony for some fresh air. The vacant lower unit, newly renovated, enhances the property's versatility with a completely separate entrance. This unit includes a kitchen, a family room, a spacious bedroom, and a 4-pc bath. Additional storage ensures a clutter-free environment. Both units easily bring in a combined income of $3500/mth which will only go higher in the years ahead. Located in the heart of Downtown Kitchener, this property offers easy access to ION Public Transit, the Kitchener Market, schools, Victoria Park, and a variety of shopping and dining options. This home is the ideal turn-key investment for savvy investors, as evidenced by a net profit of over $31k in 2025. Don’t let this opportunity pass by — book your private showing today!
Property Type:
Residential
Property SubType:
Row/Townhouse
Year built:
1914
(Age: 111)
Listing General Location:
311 - Downtown/Rockway/S. Ward, 3 - Kitchener West
Crops Included: No, Garage: No, Common Elements Fee: No, New Construction: No
Construction:
Brick
Basement:
Walk-Out Access, Full, Finished
Roof:
Flat, Membrane
Year Roof Replaced:
2016
Number of Buildings:
0
Total Floor Area:
1,430.62 sq. ft.133 m2
Finished Area Above Grade:
972.56 sq. ft.90.4 m2
Finished Area Below Grade:
458.06 sq. ft.42.6 m2
Fireplace:
false
Laundry Features:
None
Water Supply:
Municipal-Metered
Sewer:
Sewer (Municipal)
Cooling:
None
Heating:
Forced Air, Natural Gas
Hot Water Tank Owned,Range Hood,Refrigerator,Smoke Detector,Stove,Window Coverings,2 Refrigerators, 2 Stoves, 2 Range Hoods, Smoke Detectors, Hot Water Tank Owned, All Existing Window Coverings.
Water Heater Owned, Hot Water Tank Owned, Range Hood, Refrigerator, Stove
Accessory Apartment, Water Meter
Window Coverings
false
No
Between Church and Charles. Access via shared driveway to the right of 59 EBY St S.
Cable Available, Electricity Connected, Garbage/Sanitary Collection, High Speed Internet Avail, Natural Gas Connected, Recycling Pickup, Street Lights, Phone Connected
Exposure / Faces:
West
Lot Site Features:
Urban, City Lot, Library, Park, Place of Worship, Public Parking, Schools, Shopping Nearby
Features:
Crops Included: No, Garage: No, Common Elements Fee: No, New Construction: No
Data was last updated December 14, 2025 at 03:50 PM (UTC)
Area Statistics
Listings on market:
77
Avg list price:
$641,700
Min list price:
$284,999
Max list price:
$799,900
Avg days on market:
59
Min days on market:
5
Max days on market:
235
Avg price per sq.ft.:
$587.51
These statistics are generated based on the current listing's property type
and located in
311 - Downtown/Rockway/S. Ward. Average values are
derived using median calculations. This data is not produced by the MLS® system.