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$1,130,000

26 CARNABY Crescent, Kitchener, Ontario, N2A 1M7

MLS® # 40841840

Kitchener ON, N2A 1M7

MLS® # 40841840

Property Information:

Rare purpose-built triplex on one of the largest lots in the neighbourhood! Welcome to 26 Carnaby Crescent, a solid all-brick triplex located in the highly desirable Lackner Woods/Idlewood community of Kitchener. Opportunities like this are becoming increasingly difficult to find. Whether you’re an investor looking to expand your portfolio or an owner-occupier seeking mortgage-supporting rental income, this property offers exceptional value in a prime location. The building features two spacious 3-bedroom apartments and one 2-bedroom apartment, appealing to a wide range of tenants and helping support strong long-term rental demand. All units are currently tenanted, generating high gross rental income. Each unit is separately metered for hydro, while a brand-new, owned combo tankless boiler, 06/2026, provides efficient heating & added peace of mind for years to come. Set on an extraordinary pie-shaped lot, this property features approximately 171 feet across the rear lot line and depths of approximately 157 feet and 213 feet, making it one of the largest lots on Carnaby Crescent. Backyard offers a unique setting rarely found with multi-residential properties & presents exceptional long-term potential. Major improvements over the years include windows (2010), roof (2016), front balconies, railings and balcony flooring (2016), along with a brand-new owned boiler installed in June 2026. Ideally situated in a quiet residential neighbourhood surrounded by parks, walking trails and mature trees, tenants enjoy convenient access to schools, shopping, restaurants, public transit, the Grand River, Stanley Park amenities, Tim Hortons, Starbucks, the Kitchener Public Library, community pool and quick access to Highway 401.Purpose-built triplexes in established neighbourhoods are always in demand. Combine that with a lot of this size, strong rental income, extensive updates and an excellent location, and you have a rare investment opportunity with tremendous long-term potential. (id:7525)

Building Features:

  • Style: Multiplex
  • Building Type: Triplex
  • Air Conditioning: Yes
  • Basement Development: Finished
  • Basement Type: Full
  • Exterior Finish: Brick
  • Floor Space: 3203 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Other
  • Heating Fuel: Natural gas
  • Cooling Type: Wall unit

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 8
  • Bathrooms: 3
  • Access Type: Highway access
  • Amenities Nearby: Park, Playground, Public Transit, Schools, Shopping
  • Built in: 1972
  • Community Features: Quiet Area, Community Centre
  • Features: Paved driveway, Laundry- Coin operated
  • Floor Space (approx): 3203 Square Feet
  • Lot Frontage: 39 Feet
  • Structure Type: Shed
  • Zoning: RES-4
  • Sewer: Municipal sewage system
  • Parking Type: Open
  • No. of Parking Spaces: 5

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 26 CARNABY Crescent, Kitchener, Ontario, N2A 1M7

Demographic Information of 26 CARNABY Crescent, Kitchener, Ontario, N2A 1M7

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$97,623.59

Average Number of Children

1.74

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.79 %

High school certificate or equivalent

33.64 %

Apprenticeship trade certificate/diploma

6.51 %

College/non-university certificate

20.21 %

University certificate (below bachelor)

1.67 %

University Degree

15.19 %

Commuter

Travel To Work

By Car

87.09 %

By Public Transit

6.58 %

By Walking

2.54 %

By Bicycle

0.0 %

By Other Methods

3.79 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

40.47 %

Houses

59.53 %

Own Vs. Rent