35 Shaftsbury Drive, Kitchener, Ontario N2A 1N4

Listed for:
$1,099,000
7 beds
3 baths
Listed 24 days ago
Duplex for rent: 35 Shaftsbury Drive, Kitchener, Ontario N2A 1N4

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Learn more about this property
Listing provided by:
Forest Hill Real Estate Inc.
MLS® number:
X12475532
Agent:
Dan Fotopoulos
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About

Ottawa to Shaftsbury 6% CAP RATE! PURPOSE-BUILT THREE-UNIT PROPERTY IN LACKNER WOODS! This cash-flowing gem brings in approximately $7,000 per month in rental income, offering a 6% cap rate and around $1,000 per month in positive cash flow. Featuring two spacious 3-bedroom units (1,150 sq ft each) and a bright, updated 1-bedroom lower-level unit, this property is ideal for investors or owner-occupiers looking to have their mortgage paid by tenants. Each unit has been thoughtfully updated with granite countertops, open-concept layouts, vinyl flooring, and access to outdoor spaces including private balconies, a private patio, and a shared backyard. The basement unit offers a new kitchen and plenty of natural light. Tenants pay all utilities, and each unit has separate hydro meters and its own private driveway. Additional highlights include a full 2-car garage, parking for 4 more vehicles in the main driveway, and a new 2024 driveway for 2 extra cars. Recent upgrades include a new boiler (2021), chimney liner (2021), electrical (2013), owned water heater (2022), and owned water tank (2020). Located steps from shopping, parks, schools, and amenities, this turn-key investment blends income potential, location, and modern comfort. (id:27476)

Property Highlights

MLS® Number
X12475532
Type
Multi-family
Land Size
65 x 111 FT|under 1/2 acre
Parking Space Total
7

Building

Building Type
Duplex
Storeys
2.00
Square Footage
2000 - 2500 sqft
Bathrooms Total
3
Bedrooms Above Ground
6
Bedrooms Total
7
Amenities
Separate Electricity Meters
Exterior Finish
Brick
Fireplace Present
No
Basement Type
N/A (Finished)
Basement Features
Building Heating Type
Radiant heat
Heating Fuel
Natural gas
Building Cooling Type
Wall unit

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Room Layout

Bedroom
Second level
2.88 m x 4.24 m
Primary Bedroom
Second level
4.57 m x 2.89 m
Bedroom 2
Second level
3.52 m x 2.63 m
Bathroom
Second level
2.84 m x 1.98 m
Kitchen
Second level
2.86 m x 2.36 m
Living room
Second level
3.48 m x 4.69 m
Dining room
Second level
3.96 m x 3.74 m
Bedroom
Basement
3.37 m x 5.56 m
Kitchen
Basement
3.92 m x 2.1 m
Bathroom
Basement
3 m x 3 m
Utility room
Basement
4.08 m x 2.35 m
Bathroom
Main level
2.86 m x 1.97 m
Kitchen
Main level
2.86 m x 2.38 m
Dining room
Main level
2.97 m x 3.72 m
Living room
Main level
3.34 m x 4.65 m
Bedroom
Main level
2.86 m x 4.2 m
Primary Bedroom
Main level
4.48 m x 2.86 m
Bedroom 2
Main level
3.4 m x 2.71 m

Location