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Active Triplex For Sale 🔥 New · 1 day on market
$950,000
MLS® X13768322

88 Woodhaven Drive, Kitchener, ON N2C 1V1

Kitchener · N2C 1V1
Monthly cost · estimate
$0/mo
— · — · —
🤖
Hunter's read
Three legal units in established Kitchener neighbourhood—solid mortgage helper at $950K with flexible multi-generational potential.
4+2
Beds
3
Baths
700-1100
Sqft
4
Parking

About this home

A RARE OPPORTUNITY TO OWN A PROPERTY FEATURING THREE LEGAL UNITS in a friendly, established neighbourhood. Whether you're looking for the perfect multi-generational setup, a mortgage helper, or a turnkey investment, this versatile property offers exceptional flexibility. The main level features a bright, open-concept living and dining area filled with natural light, three generously sized bedrooms, and a full bathroom, creating a comfortable space to call home. The finished lower level is a fully self-contained two-bedroom suite complete with its own kitchen, offering privacy and independence for extended family or rental income. Adding even more value is the detached legal one-bedroom accessory dwelling unit, complete with its own kitchen, bathroom, and in-suite laundry, providing a completely separate living space for family, guests, or tenants. Situated on one of the larger lots in the neighbourhood, measuring approximately 52' x 109', the fully fenced backyard offers generous outdoor space for everyone to enjoy. Ideally located on a quiet street close to schools, parks, shopping, public transit, the ION LRT, and major highways, convenience is right at your doorstep. Recent updates include new flooring throughout, custom built-in cabinetry, a 200-amp electrical service, and an on-demand water heater (2021). Live in the spacious main unit while the two additional legal units help offset a significant portion of your monthly living expenses, create an ideal multi-generational living arrangement where everyone can enjoy their own private space, or take advantage of the property's full investment potential with projected rental income of approximately $5,600 per month ($67,200 annually). Vendor Take-Back financing is available with a minimum 30% down payment, providing additional flexibility for qualified buyers. With a projected cap rate of over 6%, this is a rare opportunity for both owner-occupiers and investors in today's market.

📋 Property summary 7 details
Property Type
Triplex
Style
['Bungalow']
Square Footage
700-1100
Days on Market
1 days
Annual Taxes
$5,609
Lot Size
52.2' × 109.5'
Parking
4.0 spaces
🏠 Interior 6 features
Basement
Apartment, Separate Entrance, Full
Interior features
Accessory ApartmentCarpet FreeGuest AccommodationsIn-Law CapabilityIn-Law SuitePrimary Bedroom - Main Floor
🧱 Building & exterior
Foundation
Concrete
Exterior
Brick
Other structures
Fence - FullShedAux Residences
⚡ Utilities
Heating
Forced Air
Cooling
['Central Air']
Sewer
['Sewer']
🌳 Lot & land
Frontage
52.2 ft
Depth
109.5 ft
Source
MPAC
📦 Inclusions & exclusions
Included with sale

All appliances x3- fridge x3, stove x3, dishwasher x3, washing machine x3, dryer x3

Excluded from sale

None

📃 Listing details
MLS® Number
X13768322
Days on Market
1 days
Possession
Flexible
Listing Brokerage
CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD

Listing information sourced from TRREB MLS® via PropTx. This property is being represented by the listing brokerage shown above. Ishaan Verma of Royal LePage Certified Inc. is happy to represent buyers viewing this property.

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About Kitchener

Browse more Kitchener listings · See the Kitchener city page with market trends and neighbourhood breakdowns.

$950,000
88 Woodhaven Drive, Kitchener, ON N2C 1V1
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💰 Sold-comp analysis · Free

What is this home really worth?

Hunter pulls the last 6 months of actual closed sales on this street, computes the average sold price, days on market, and sold-to-list ratio — then tells you if 88 Woodhaven Drive, Kitchen... is priced fairly, over, or under.

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