361 Prospect Avenue

Kitchener, ONMulti-family
$715,000
MLS® X13691112
Multi-family5 beds2 baths7 total
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About This Property

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:63604)

Key Facts

Type
Multi-family
Beds
5
Baths
2
Size
1,100 sqft
Lot
60 x 117.5 FT
Parking
7 total

Highlights

  • Dishwasher
  • Dryer
  • Two stoves
  • Two Washers
  • Two Refrigerators
Property Details 16 details
Bedrooms
5 bedrooms
3 above grade + 2 below grade
Bathrooms
2 bathrooms
Parking
7 parking spaces
Attached Garage · Garage
Living area
1,100 - 1,500 sq. ft.
Property
Multi-family · Bungalow · Attached
Property subtype
Multi-family
Structure type
Duplex
Architectural style
Bungalow
Attached status
Attached
Storeys
1
Basement
Finished, Full, Apartment in basement, Separate entrance
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Fireplace
No
Lot dimensions
60 x 117.5 FT
Frontage
60 feet
Taxes
$4,301.00 (2,026)
Water source
Municipal water
Sewer
Sanitary sewer

Interior features

DishwasherDryerTwo stovesTwo WashersTwo RefrigeratorsSeparate Electricity Meters

Exterior features

BrickVinyl sidingBlock
Rooms 13 rooms
Level
Room
Dimensions
Main level
Living room
5.03 m x 3.51 m
Lower level
Bedroom 2
3.56 m x 2.74 m
Lower level
Bathroom
2.9 m x 1.63 m
Lower level
Utility room
3.56 m x 3.02 m
Main level
Kitchen
5.82 m x 3.86 m
Main level
Primary Bedroom
4.01 m x 3.48 m
Main level
Bedroom
3.45 m x 3.07 m
Main level
Bedroom 2
3.07 m x 2.82 m
Main level
Bathroom
2.74 m x 1.52 m
Main level
Mud room
4.01 m x 1.22 m
Lower level
Living room
5.05 m x 3.3 m
Lower level
Kitchen
3.91 m x 3.15 m
Lower level
Bedroom
4.09 m x 2.67 m

Virtual Tour & Media

Mortgage & Affordability Estimate monthly costs
Purchase price$715,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

City
Kitchener
Postal code
N2A 1C9
Nearby
Cross Streets: Prospect Ave / Franklin St N. ** Directions: Ottawa St N to Franklin St N, east on Prospect Ave. Property is on the south side of Prospect Ave.