88 WOODHAVEN DRIVE, Kitchener, ON N2C1V1
88 WOODHAVEN DRIVE, Kitchener, ON N2C1V1
88 WOODHAVEN DRIVE, Kitchener, ON N2C1V1
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
Paul Shantz

Paul Shantz

+1(519) 829-8656
$950,000
Est. payment /mo
6 Beds
3 Baths
700 SqFt
Save Virtual Tour

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 700 - 1100

Square Footage 700 sqft

Price per Sqft $1,357

MLS® Listing ID X13768322

Style Bungalow

Bedrooms 6

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. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features Yes

Fence Fully Fenced, Fenced yard

Community Features Community Centre

View Y/N Yes

View City view

Attached Garage No

Total Parking Spaces 4

Garage Yes

Private Pool No

Building

Story 1

Sewer Sanitary sewer

Architectural Style Bungalow

Others

Virtual Tour https://www.youtube.com/watch?v=vkk7WyXYsL0

Read Less Info
Powered by: REALTOR.ca
Listed by CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD

Schools and Properties Nearby

Learn More About This Home

Paul Shantz
Paul Shantz

Agent License ID: 6008661

+1(519) 829-8656

Name
Phone*
Message

By checking this box, I agree to receive recurring marketing communication from Paul Shantz, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

By checking this box, I agree to the Terms of Service and Privacy Policy of this website.

Tour this Home

88 WOODHAVEN DRIVE

QUICK SEARCH
There are 19 quick searches