Property Information:

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:27)

Building Features:

Style: Multiplex
Building Type: Duplex
Basement Development: Finished
Basement Type: Full
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: Multi-family
Bedrooms: 5
Bathrooms: 2
Access Type: Highway access
Amenities Nearby: Park, Public Transit, Schools, Shopping
Built in: 1957
Features: 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

Courtesy of: eXp Realty, Brokerage

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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 %

361 PROSPECT Avenue, Kitchener, Ontario, N2A 1C9