For Sale · Kitchener · Multi-family

$699,900

361 PROSPECT Avenue, Kitchener

Beds

Baths

1,105

Sq Ft

1957

Built

About This Home

The details.

Turnkey legal duplex in a desirable Kitchener location. The property was converted to a legal duplex in 2020, creating two self-contained units ideal for investors or multi-generational living. Each unit is equipped with its own 100 amp hydro panel and in-suite laundry for added convenience. Enjoy a spacious 6-car asphalt driveway installed in 2020, offering ample parking for both units. Additional updates include a new furnace in 2025 and a new garage roof in 2026, adding long-term value and peace of mind. The basement is fully finished with the exception of the utility room. Located just 2 minutes from Sunnyside Public School, making school pick-up and drop-off quick and easy. Well-maintained and income-generating, this is a solid opportunity in a great location for those looking to invest or offset living costs with rental income. (id:66635)

Summarizing the highlights...

MLS® 40838668Listing courtesy of eXp Realty, BrokerageView on map

Property Details

Facts & features.

Property type: Multi-family
Ownership: Freehold
Year built: 1957
Size: 1,105 sqft
Storeys: 1
Parking: 7 spaces
Listed on: 2026-06-15
Days on market: 30
MLS number: 40838668
Data source: Cornerstone Association of REALTORS®

July Value

What this home is worth.

Calculating a July Value estimate...

Realtor Recommended

JULY advisors for this home.

Bart Pukacz
Real Estate Advisor
Residential, Investment Properties, Presale Condos
Profile 604.721.1439
Han Lee
Real Estate Advisor
Residential, Investment Properties, Luxury Properties
Profile
Iñaki Sarmiento
Real Estate Advisor
Residential, Investment Properties
Profile 778.954.6254

My Notes

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Location

Where it sits.

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Run The Numbers

Mortgage and cash flow.

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization

Monthly mortgage payment

$3,273

$559,920 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$3,273

Cash flow

-$3,273

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Kitchener right now

462

Active listings

698

New this week

$699,900

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Kitchener.

Household and demographic stats for Kitchener, from the Statistics Canada 2021 Census.

256,885
Population (2021): 37.2
Median age: 99,810
Households: 2.6
Avg household size: 59.7%
Home ownership: $87,000
Median household income

Kitchener market trends

Source: Statistics Canada 2021 Census, Kitchener, City, Ontario.

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.