361 PROSPECT Avenue

About this property

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:66549)

Details

Bedrooms

5

Bathrooms

2

Size

1,865 sq ft

Property type

House

Year built

1957

Stories

1

Parking spaces

7

Heating

Forced air, Natural gas

Neighbourhood

226 - Stanley Park/Centreville

Postal code

N2A1C9

MLS® Number

40856828

Status

For Sale

Features

• Air Conditioning
• Basement
• Garage
• Laundry
• Parking

Location