35 Hillsborough Cres, Kitchener, Ontario

Multi-Family for Sale in Kitchener

35 Hillsborough Cres, Kitchener, ON

  • CA$699,900
  • 3+1 BEDS
  • 2 BATHS
  • CA$699,900

Multi-Family for Sale in Kitchener

35 Hillsborough Cres, Kitchener, ON

  • CA$699,900
  • 3+1 BEDS
  • 2 BATHS
  • CA$699,900

Key Facts

  • MLS® #: X13202190
  • Property ID: SIRC3372524
  • Property Type: Residential, Duplex
  • Interior Area¹: 700-1100 sq.ft.
  • Lot Size¹: 32.63x124.62 ft.
  • Bedrooms: 3+1
  • Bathrooms: 2
  • Parking Spaces: 5
  • Listed By:
  • EXP REALTY

Property Description

An exceptional turnkey investment opportunity in a prime Kitchener location. This fully leased legal duplex offers immediate, stable cash flow with a spacious 3-bedroom upper unit rented for $2,350/month plus 70% of utilities and a self-contained 1-bedroom lower suite rented for $1,400/month plus 30% of utilities, generating $3,750 in total monthly rental income. Both units are occupied with approximately one year remaining on their leases, providing investors with reliable income from day one. The property has been well maintained and features numerous recent updates, including a brand new furnace (2026), roof shingles replaced in 2021, fresh paint throughout, updated bathrooms, new flooring in the lower unit, and other thoughtful improvements that minimize future capital expenses. Separate laundry for each unit offers added convenience and privacy for tenants, while the oversized backyard and prime location just minutes from Sunrise Plaza, Highway 7/8, schools, parks, trails, shopping, and everyday amenities further enhance its long-term appeal. Whether you're looking to expand your portfolio or secure a low-maintenance, income-producing asset with quality tenants already in place, this legal duplex is an outstanding investment opportunity.

Listing Agents

EXP REALTY

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Location

35 Hillsborough Cres, Kitchener, Ontario, N2E 1J5 Canada

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¹The value refers to the total area of living space within a residential structure or the property lot size. All information regarding lot or house size is deemed reliable but not guaranteed and must be verified by the purchaser. Measurement definitions may vary by region.
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