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Akshay Bhagat

akshaybhagatrealestate@gmail.com +1(647) 366-5599

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88 Woodhaven RD Kitchener, ON N2C 1V1

6 Beds

3 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 700-1100

MLS Listing ID X13494568

Style Bungalow

Bedrooms 6

Annual Tax Amount $5,609

Tax Year 2026

Property Sub-Type Multiplex

Property Description

A rare opportunity to own a property featuring three legal living 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 the ideal multi-generational lifestyle where everyone enjoys their own private space, or maximize the property's investment potential with projected rental income of approximately $6,000 per month ($72,000 annually). Vendor Take-Back financing is available with a minimum 30% down payment, offering additional flexibility for qualified buyers. A rare opportunity offering a projected 6% cap rate in today's market.

Location

Province ON

County Waterloo

Area Waterloo

Zoning R2

Rooms

Family Room No

Basement Finished, Full, Separate Entrance

Kitchen 2

Separate Den/Office 2

Interior

Interior Features Primary Bedroom - Main Floor, Water Softener

Cooling Central Air

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

Exterior

Exterior Feature Deck, Landscaped

Parking Features Private Double, Private, Tandem

Pool None

View City

Roof Type Asphalt Shingle

Lot Frontage 52.2

Lot Depth 109.5

Total Parking Spaces 4

Building

Building Age 51-99

Foundation Concrete

Others

Senior Community No

ParcelsYN Yes

Virtual Tour https://my.matterport.com/show/?m=vV67EFMntAE&brand=0

Listed by CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD

Akshay Bhagat

Agent

+1(647) 366-5599

Akshay Bhagat

88 Woodhaven RD Kitchener, ON N2C 1V1

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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88 Woodhaven RD

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