361 Prospect Avenue, Kitchener ON

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:56071). Get more information on 361 Prospect Avenue

Property Features

Features:  Paved driveway
Rental Equipment:  Water Heater
Directions:  Ottawa St N to Franklin St N, east on Prospect Ave. Property is on the south side of Prospect Ave.
Zoning Description:  R2B
Interior Size (Approximate):  1865 sqft
Fence:  Partially fenced
Access:  Highway access
Lot (Approximate):  under 1/2 acre
Exterior Finish:  Brick, Vinyl siding
Water:  Municipal water, Municipal sewage system
Heating / Cooling:   Natural gas / Central air conditioning
Age (Approximate):  1957
Constructed Date:  1957
Basement:  Full (Finished) Finished

Rooms & Sizes

(Approximate)