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$715,000

361 PROSPECT Avenue, Kitchener, Ontario, N2A 1C9

MLS® # 40856832

3+2 Beds

Baths

1865  FEETSQ

QuickQuoteTM: $613K - $746K

Kitchener ON, N2A 1C9

MLS® # 40856832

Property Information:

VACANT TURNKEY LEGAL DUPLEX in a desirable Kitchener location, offering a 3-BEDROOM UPPER UNIT and 2-BEDROOM LOWER UNIT, each completely self-contained with its own kitchen, bathroom, in-suite laundry, and 100-amp hydro panel. Converted to a legal duplex in 2020, this property is ideal for investors, multi-generational living, or buyers looking to live in one unit while generating income from the other. Both units are fully vacant, giving buyers the flexibility to select their own tenants and establish current market rents. 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. 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 the morning school run about as convenient as it gets! A solid opportunity to invest, accommodate extended family, or offset living costs with rental income. (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Architectural Style: Bungalow
  • Basement Development: Finished
  • Basement Type: Full
  • Construction Style - Attachment: Detached
  • Exterior Finish: Brick, Vinyl siding
  • Floor Space: 1865 sqft
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 3+2
  • Bathrooms: 2
  • Access Type: Highway access
  • Amenities Nearby: Park, Public Transit, Schools, Shopping
  • Built in: 1957
  • Community Features: School Bus
  • Features: Corner Site, Paved driveway
  • Fence Type: Partially fenced
  • Floor Space (approx): 1865 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

Rooms:

  • Bathroom Lower Level Measurements not available
  • Bedroom Lower Level 9'0'' x 11'8''
  • Bedroom Lower Level 8'9'' x 13'5''
  • Living Lower Level 16'7'' x 10'10''
  • Kitchen Lower Level 12'10'' x 10'4''
  • Mudroom Main Level 13'2'' x 4'0''
  • Bathroom Main Level Measurements not available
  • Bedroom Main Level 10'1'' x 9'3''
  • Bedroom Main Level 10'1'' x 11'4''
  • Primary Bedroom Main Level 13'2'' x 11'5''
  • Living Main Level 16'6'' x 11'6''
  • Kitchen Main Level 12'8'' x 19'1''

Courtesy of: eXp Realty, Brokerage

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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