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:4069)
Address
361 PROSPECT Avenue
List Price
$715,000
Property Type
Multi-family
Type of Dwelling
Duplex
Transaction Type
Sale
Area
Ontario
Sub-Area
Kitchener
Bedrooms
5
Bathrooms
2
Floor Area
1,865 Sq. Ft.
Lot Depth
118 ft
Frontage Length
60 ft
Year Built
1957
MLS® Number
40856828
Listing Brokerage
eXp Realty, Brokerage
Basement Area
Full (Finished)
Postal Code
N2A1C9
Zoning
R2B
Ownership
Freehold
Parking Places (Total)
7
Site Influences
Park, Public Transit, Schools, Shopping
Features
Paved driveway
Heat Source
Natural gas
Heat Type
Forced air
Cooling Features
Central air conditioning
Other Structures
Shed
Number Of Floors In Building
1
Water Source
Municipal water
Access To Property
Highway access
Sewer
Municipal sewage system
