361 Prospect AVE, Kitchener, ON N2A 1C9
361 Prospect AVE, Kitchener, ON N2A 1C9
361 Prospect AVE, Kitchener, ON N2A 1C9
361 Prospect AVE, Kitchener, ON N2A 1C9
361 Prospect AVE, Kitchener, ON N2A 1C9
361 Prospect AVE, Kitchener, ON N2A 1C9
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$ 715,000
Est. payment | /mo

5 Beds

2 Baths

1,105 SqFt


$ 715,000
Est. payment | /mo

5 Beds

2 Baths

1,105 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 1,105 sqft

Price per Sqft $647

MLS Listing ID 40856828

Bedrooms 5

Abv Grd Liv Area 1,865

Year Built 1957

Annual Tax Amount $4,301

Property Sub-Type Duplex Up/Down

Source Cornerstone

Property Description

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.

Location

Province ON

County Waterloo

Area 2 - Kitchener East

Zoning R2B

Direction Due to construction on Prospect Ave, enter “46 Emerald Ave, Kitchener” into GPS. Access Emerald Ave from Weber St E and park on Emerald. 361 Prospect is the corner property beside 46 Emerald, behind the wooden fence with the tall evergreen tree.

Rooms

Other Rooms Shed(s)

Basement Separate Entrance, Full, Finished

Kitchen 0

Interior

Interior Features Separate Hydro Meters

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Appliance Dishwasher, Dryer, Refrigerator, Stove, Washer

Laundry In-Suite

Exterior

Parking Features Attached Garage, Asphalt

Garage Spaces 1.0

Fence Fence - Partial

Roof Type Asphalt Shing

Lot Frontage 60.0

Lot Depth 117.5

Garage Yes

Building

Lot Description Rectangular, Highway Access, Open Spaces, Park, Public Transit, Regional Mall, Schools, Shopping Nearby

Faces Due to construction on Prospect Ave, enter “46 Emerald Ave, Kitchener” into GPS. Access Emerald Ave from Weber St E and park on Emerald. 361 Prospect is the corner property beside 46 Emerald, behind the wooden fence with the tall evergreen tree.

Story 1

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 1

Structure Type Brick,Vinyl Siding

New Construction No

Schools

Elementary Schools Sunnyside Public School

Others

Senior Community false

Tax ID 225710146

Ownership Freehold/None

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Listed by eXp Realty, Brokerage
Nearby Locations

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361 Prospect AVE