361 Prospect Avenue, Kitchener, Ontario

$715,000

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5

Beds

2

Baths

1,865

Square feet

About 361 Prospect Avenue

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. (id:36535)

Features of 361 Prospect Avenue

Listing # 40856828
Price $715,000
Bedrooms 5
Bathrooms 2.00
Square Footage 1,865
Acres 0.00
Year Built 1957
Type Multi-family
Sub-Type Freehold

Community Information

Address 361 Prospect Avenue
Subdivision 226 - Stanley Park/Centreville
City Kitchener
Province Ontario
Postal Code N2A1C9

Amenities

Amenities Park, Public Transit, Schools, Shopping
Features Paved driveway
Parking Spaces 7
Parking Attached Garage
# of Garages 1
Is Waterfront No
Has Pool No

Interior

Heating Natural gas Forced air
Cooling Central air conditioning
Fireplace No
# of Stories 1
Has Basement Yes
Basement Type Full (Finished)
Basement Development Finished

Exterior

Exterior Brick, Vinyl siding

Listing Details

OfficeCourtesy Of eXp Realty, Brokerage

Listing Map