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Renanza Realty
For sale

361 PROSPECT Avenue

Kitchener, Ontario

MLS® 40856832

$715,000

Status
Active
Property type
House
MLS® number
40856832
Bedrooms
5
Bathrooms
2
Year built
1957

Listing description

VACANT TURNKEY LEGAL DUPLEX in a desirable Kitchener location, offering a 3-BEDROOM UPPER UNIT and 2-BEDROOM LOWER UNIT, each completely self-contained with its own kitchen, bathroom, in-suite laundry, and 100-amp hydro panel. Converted to a legal duplex in 2020, this property is ideal for investors, multi-generational living, or buyers looking to live in one unit while generating income from the other. Both units are fully vacant, giving buyers the flexibility to select their own tenants and establish current market rents.

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. 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 the morning school run about as convenient as it gets! A solid opportunity to invest, accommodate extended family, or offset living costs with rental income.

Property summary

MLS® number
40856832
Property type
Single Family
Building type
House
Square footage
1,865 sq ft
Title
Freehold
Built in
1957
Annual property taxes
$4,301.00
Parking
7 spaces · Attached Garage
Days on market
8 days

Features & details

Heating
Forced air, Natural gas
Cooling
Central air conditioning
Basement
Finished, Full
Exterior features
Brick, Vinyl siding
Lot features
Corner Site, Paved driveway
Community features
School Bus
Architectural style
Bungalow

What would this home cost you?

Based on the $715,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$3,327 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of eXp Realty, Brokerage, Kitchener.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of 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.