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$699,900

361 PROSPECT Avenue, Kitchener, Ontario, N2A 1C9

MLS® # 40838668

Kitchener ON, N2A 1C9

MLS® # 40838668

Property Information:

Turnkey legal duplex in a desirable Kitchener location with VACANT POSSESSION as of August 1st. The property was converted to a legal duplex in 2020, creating two self-contained units ideal for investors or multi-generational living. Each unit is equipped with its own 100 amp hydro panel and in-suite laundry for added convenience. Enjoy a spacious 6-car asphalt driveway installed in 2020, offering ample parking for both units. Additional updates include a new furnace in 2025 and a new garage roof in 2026, adding long-term value and peace of mind. The basement is fully finished with the exception of the utility room. Located just 2 minutes from Sunnyside Public School, making school pick-up and drop-off quick and easy. Well-maintained and income-generating, this is a solid opportunity in a great location for those looking to invest or offset living costs with rental income. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Duplex
  • Basement Development: Finished
  • Basement Type: Full
  • Exterior Finish: Brick, Vinyl siding
  • Floor Space: 1105 sqft
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 5
  • Bathrooms: 2
  • Amenities Nearby: Park, Playground, Public Transit, Schools
  • Built in: 1957
  • Community Features: School Bus
  • Features: Paved driveway
  • Fence Type: Fence
  • Floor Space (approx): 1105 Square Feet
  • Lot Depth: 118 Feet
  • Lot Frontage: 60 Feet
  • Structure Type: Shed
  • Zoning: R2B
  • Sewer: Municipal sewage system
  • Parking Type: Attached garage
  • No. of Parking Spaces: 7

Courtesy of: eXp Realty, Brokerage

REALTOR.ca  

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 361 PROSPECT Avenue, Kitchener, Ontario, N2A 1C9

Demographic Information of 361 PROSPECT Avenue, Kitchener, Ontario, N2A 1C9

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$106,919.39

Average Number of Children

1.73

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.03 %

High school certificate or equivalent

35.07 %

Apprenticeship trade certificate/diploma

8.08 %

College/non-university certificate

22.59 %

University certificate (below bachelor)

1.39 %

University Degree

17.84 %

Commuter

Travel To Work

By Car

91.74 %

By Public Transit

3.41 %

By Walking

0.67 %

By Bicycle

0.0 %

By Other Methods

4.18 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

39.99 %

Houses

60.01 %

Own Vs. Rent