ON > Kitchener
Kitchener, ON N2A 1N4,35 Shaftsbury DR
Kitchener, ON N2A 1N4,35 Shaftsbury DR
Kitchener, ON N2A 1N4,35 Shaftsbury DR
Kitchener, ON N2A 1N4,35 Shaftsbury DR
Kitchener, ON N2A 1N4,35 Shaftsbury DR
Kitchener, ON N2A 1N4,35 Shaftsbury DR
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Thu
19
Jun
Fri
20
Jun
Sat
21
Jun
Ana Bastas

Ana Bastas

+1(647) 361-8169
$ 1,199,900
Est. payment | /mo

7 Beds

3 Baths

Save Virtual Tour
$ 1,199,900
Est. payment | /mo
Save Virtual Tour

7 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

MLS Listing ID X12223147

Style 2-Storey

Bedrooms 7

Building Age 51-99

Annual Tax Amount $4,786

Tax Year 2024

Property Sub-Type Duplex

Property Description

6% CAP RATE! PURPOSE-BUILT THREE-UNIT property located in the sought-after Lackner Woods neighbourhood of Kitchener. This cash-flowing gem brings in $7,000 per month in rental income, offering a 6% cap rate and approximately $1,000/month in positive cash flow! Featuring two massive 3-bedroom units at 1,150 sq ft each, and a bright, updated 1-bedroom lower-level unit, this property is ideal for both investors or owner-occupiers looking to have their mortgage paid by tenants. Each unit is thoughtfully updated and includes new granite countertops, open-concept layouts, vinyl flooring, and access to outdoor spaces including private balconies, a private patio, and a shared backyard. The basement unit has a new kitchen and plenty of natural light. Tenants pay all utilities including hydro, and each unit has separate hydro meters along with its own driveway for private parking. The property also boasts a full 2-car garage, parking for 4 more vehicles in the main driveway, plus a brand-new driveway (2024) for an additional 2 cars. Recent upgrades include a new boiler (2021), chimney liner (2021), electrical (2013), owned water heater (2022), and owned water tank (2020). This turn-key investment property is walking distance to shopping, parks, schools, and amenities making it the perfect blend of location, income, and lifestyle.

Location

Province ON

County Waterloo

Area Waterloo

Zoning RES-4

Rooms

Basement Finished

Kitchen 3

Interior

Interior Features Separate Hydro Meter

Cooling Wall Unit(s)

Inclusions 3 Fridge, 3 Stove, Washer, Dryer, Hot Water Tank Owned

Exterior

Parking Features Attached

Garage Spaces 2.0

Pool None

Roof Type Asphalt Shingle

Total Parking Spaces 7

Building

Foundation Concrete

Others

Virtual Tour https://unbranded.youriguide.com/lg8gc_35_shaftsbury_dr_kitchener_on/

Lited by Forest Hill Real Estate Inc.
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(647) 361-8169

ana@anabastas.ca

130 KING ST W UNIT 1900B TORONTO, ON M5X 1E3, ON, M5X 1E3, CAN

GET MORE INFORMATION

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Ana Bastas, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

35 Shaftsbury DR