361 Prospect Avenue, Kitchener, Ontario N2A 1C9

Listed for:
$715,000
5 beds
2 baths
Listed 19 days ago
Duplex for rent: 361 Prospect Avenue, Kitchener, Ontario N2A 1C9

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About

Due to construction on Prospect Ave, enter “46 Emerald Ave, Kitchener” into GPS. Access Emerald Ave from Weber St E and park on Emerald. 361 Prospect is the corner property beside 46 Emerald, behind the wooden fence with the tall evergreen tree. 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:27476)

Property Highlights

MLS® Number
40856828
Type
Multi-family
Ownership Type
Freehold
Land Size
under 1/2 acre
Parking Space Total
7

Building

Building Type
Duplex
Storeys
1.00
Square Footage
1865 sqft
Bathrooms Total
2
Bedrooms Total
5
Amenities
Park, Public Transit, Schools, Shopping
Exterior Finish
Brick, Vinyl siding
Fireplace Present
No
Basement Type
Full (Finished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
eXp Realty, Brokerage
MLS® number:
40856828
Agent:
Brenda Schuiling
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