PURPOSE BUILT TRIPLEX. 3 x 2 BEDROOM UNITS. UNIT 1 & 2 ARE VACANT, UNIT 3 IS OCCUPIED. 2 minutes (1KM) to Highway 7/8. On a bus route. 4 minutes to downtown. Fantastic investment opportunity in the heart of Kitchener! This well-maintained 3-unit building features three spacious 2-bedroom units, each with a full kitchen and 4-piece bathroom. The top two units offer private balconies that were renovated Summer of 2024, while tenants enjoy the convenience of shared coin-operated laundry. The chimney was replaced in in January 2025. Unit 3 renovated April of 2025. Each unit is rented out at $2,100 per month excluding utilities in which they pay 1/3 of the total bills every month. Ideally located with easy access to highways, parks, schools, shopping, and more. A great addition to any investor's portfolio or a perfect opportunity for multi-generational living!
For sale
C$999,990
486 Highland Rd E, Kitchener, ON N2M 3W7
6beds
3baths
1,934sqft
Multi-3 Unit, Multi Family
Built in 1960
-- sqft lot
$-- Zestimate®
C$517/sqft
C$-- HOA
What's special
Private balconiesFull kitchenShared coin-operated laundry
- 42 days
- on Zillow |
- 47 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: July 10, 2025 at 11:57am
Listed by:
Tony Johal, Broker,
RE/MAX TWIN CITY REALTY INC. BROKERAGE-2
Source: ITSO,MLS®#: 40742263Originating MLS®#: Waterloo Region Association of REALTORS® (WRAR)
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Refrigerator, Stove
- Laundry: Coin Operated
Features
- Separate Hydro Meters
- Basement: Full,Finished
- Has fireplace: No
Interior area
- Total structure area: 1,934
- Total interior livable area: 1,934 sqft
- Finished area above ground: 1,934
Property
Parking
- Total spaces: 6
- Parking features: Asphalt, Outside/Surface/Open, Private Drive Double Wide
- Uncovered spaces: 6
Features
- Frontage length: 63.00
Lot
- Size: 6,930 Square Feet
- Dimensions: 63 x 110
- Features: Ample Parking, City Lot, Highway Access, Park, Place of Worship, Playground Nearby, Public Transit, School Bus Route, Schools, Shopping Nearby
Details
- Parcel number: 224940060
- Zoning: R2B
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi-3 Unit, Multi Family
Materials
- Aluminum Siding, Brick, Vinyl Siding
- Foundation: Concrete Block
- Roof: Tar/Gravel
Condition
- 51-99 Years
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Sewer (Municipal)
- Water: Municipal
Community & HOA
Community
- Security: Carbon Monoxide Detector(s)
Location
- Region: Kitchener
Financial & listing details
- Price per square foot: C$517/sqft
- Annual tax amount: C$5,400
- Date on market: 6/25/2025
- Inclusions: Other, Stoves X3 / Refridgerators X3
- Exclusions: Tenants Belongings
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