$429,900
Available - For Sale
Listing ID: X13006288
61 Eby Street South , Kitchener, N2G 3K9, Waterloo
| [ HIGHEST CAP RATE IN TOWN at 7%+ | FULLY VACANT | PRIME DOWNTOWN INVESTMENT ] Rare opportunity to acquire a fully vacant, non-conforming duplex townhouse offering the highest potential cap rate in town (7%+) and unmatched flexibility for investors or owner-occupiers. With both units vacant, you can immediately set market rents, house-hack, accommodate multigenerational living, or explore alternative uses - no tenant constraints. The upper unit features updated flooring and a clean, neutral palette. A bright living room flows into the dining area, creating a comfortable and functional living space. The kitchen offers white cabinetry, ample storage, and outdoor views. Builtin hallway cabinets and additional storage add everyday convenience. Upstairs are three well-sized bedrooms, a 4-piece bath, and access to a private balcony. The lower unit has a separate entrance, enhancing privacy and rental appeal. It includes a kitchen, family room, spacious bedroom, 4-piece bath, and additional storage - ideal for a secondary rental unit, in-law suite, or extended family use. At market rents, the property can easily generate $3,500+/month in combined income, delivering strong cash flow. The investment performance speaks for itself, with a net profit exceeding $31,000 in 2025, making this a true turn-key, high-yield asset. Located in the heart of Downtown Kitchener, steps to ION LRT, Kitchener Market, Victoria Park, schools, shopping, and dining - ensuring long-term demand and rent stability. Vacant. High-yield. Flexible. A standout opportunity for savvy investors looking to maximize returns from day one. Book your private showing today. |
| Price | $429,900 |
| Taxes: | $2577.65 |
| Assessment Year: | 2025 |
| Occupancy: | Vacant |
| Address: | 61 Eby Street South , Kitchener, N2G 3K9, Waterloo |
| Acreage: | < .50 |
| Directions/Cross Streets: | Church St and Eby St |
| Rooms: | 6 |
| Rooms +: | 3 |
| Bedrooms: | 3 |
| Bedrooms +: | 1 |
| Family Room: | T |
| Basement: | Finished wit, Full |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Dining Ro | 10.96 | 10.99 | |
| Room 2 | Main | Kitchen | 8.36 | 8.07 | |
| Room 3 | Main | Living Ro | 12.23 | 10.66 | |
| Room 4 | Second | Bedroom 2 | 10.92 | 8.07 | |
| Room 5 | Second | Bedroom 3 | 8.56 | 11.15 | |
| Room 6 | Second | Primary B | 11.74 | 8.92 | |
| Room 7 | Basement | Bedroom 4 | 7.77 | 10.73 | |
| Room 8 | Basement | Family Ro | 7.84 | 10 | |
| Room 9 | Basement | Kitchen | 11.41 | 10.14 | |
| Room 10 | Basement | Utility R | 5.81 | 6.72 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Second |
| Washroom Type 2 | 4 | Basement |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 100+ |
| Property Type: | Att/Row/Townhouse |
| Style: | 2-Storey |
| Exterior: | Brick |
| Garage Type: | None |
| (Parking/)Drive: | Front Yard |
| Drive Parking Spaces: | 1 |
| Park #1 | |
| Parking Type: | Front Yard |
| Park #2 | |
| Parking Type: | Front Yard |
| Pool: | None |
| Approximatly Age: | 100+ |
| Approximatly Square Footage: | 700-1100 |
| Property Features: | Library, Place Of Worship |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Elevator Lift: | False |
| Sewers: | Sewer |
| Utilities-Cable: | A |
| Utilities-Hydro: | A |
$
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| CITYSCAPE REAL ESTATE LTD. |
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At a Glance:
| Type: | Freehold - Att/Row/Townhouse |
| Area: | Waterloo |
| Municipality: | Kitchener |
| Neighbourhood: | Dufferin Grove |
| Style: | 2-Storey |
| Approximate Age: | 100+ |
| Tax: | $2,577.65 |
| Beds: | 3+1 |
| Baths: | 2 |
| Fireplace: | N |
| Pool: | None |
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