88 Woodhaven RD, Kitchener, ON N2C 1V1
88 Woodhaven RD, Kitchener, ON N2C 1V1
88 Woodhaven RD, Kitchener, ON N2C 1V1
88 Woodhaven RD, Kitchener, ON N2C 1V1
88 Woodhaven RD, Kitchener, ON N2C 1V1
88 Woodhaven RD, Kitchener, ON N2C 1V1
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 950,000
Est. payment | /mo

6 Beds

3 Baths

1,030 SqFt


$ 950,000
Est. payment | /mo

6 Beds

3 Baths

1,030 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,030 sqft

Price per Sqft $922

MLS Listing ID 40861923

Style Bungalow

Bedrooms 6

Full Baths 3

Abv Grd Liv Area 1,927

Year Built 1958

Annual Tax Amount $5,609

Property Sub-Type Single Family Residence

Source Cornerstone

Property Description

A RARE OPPORTUNITY TO OWN A PROPERTY FEATURING THREE LEGAL 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 an ideal multi-generational living arrangement where everyone can enjoy their own private space, or take advantage of the property's full investment potential with projected rental income of approximately $5,600 per month ($67,200 annually). Vendor Take-Back financing is available with a minimum 30% down payment, providing additional flexibility for qualified buyers. With a projected cap rate of over 6%, this is a rare opportunity for both owner-occupiers and investors in today's market.

Location

Province ON

County Waterloo

Area 3 - Kitchener West

Zoning R2

Direction Wilson Ave to Woodhaven Rd

Rooms

Other Rooms Shed(s)

Basement Separate Entrance, Full, Finished

Kitchen 3

Interior

Interior Features Accessory Apartment

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Appliance Instant Hot Water, Water Softener

Laundry In-Suite

Exterior

Parking Features Detached Garage, Asphalt

Fence Full

Roof Type Asphalt Shing

Porch Deck, Porch

Lot Frontage 52.28

Lot Depth 109.69

Garage Yes

Building

Lot Description Urban, Irregular Lot, Highway Access, Library, Place of Worship, Public Transit, Rec./Community Centre, Regional Mall, Schools, Shopping Nearby

Faces Wilson Ave to Woodhaven Rd

Story 1

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Architectural Style Bungalow

Level or Stories 1

Structure Type Brick Veneer

New Construction No

Others

Senior Community false

Tax ID 225850107

Ownership Freehold/None

Virtual Tour https://www.youtube.com/watch?v=vkk7WyXYsL0&t=1s

Listed by Chestnut Park Realty Southwestern Ontario Limited
Nearby Locations

GET MORE INFORMATION

Name

Name

Phone*

Phone

Message

Message
Janelle LeBlanc

+1(905) 320-4069

janelle@jlbco.ca

Go tour this home

88 Woodhaven RD