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$1,049,000
Ontario,Kitchener
For Sale Active
88 WOODHAVEN Road, Kitchener, Ontario N2C1V1
  • 6
  • 3
  • 1,927 Sqft
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Basic Details
Description

A rare opportunity to own a property featuring three legal living 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 the ideal multi-generational lifestyle where everyone enjoys their own private space, or maximize the property’s investment potential with projected rental income of approximately $6, 000 per month ($72, 000 annually). Vendor Take-Back financing is available with a minimum 30% down payment, offering additional flexibility for qualified buyers. A rare opportunity offering an projected 6% cap rate in today’s market. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 40842942
  • Price: $1,049,000
  • Bedrooms: 6
  • Bathrooms: 3
  • Square Footage: 1,927 Sqft
  • Year Built: 1958
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 296447
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Central air conditioning
  • Basement: Finished, Full
  • Fence: Fence
  • Exterior Features: Brick
  • Sewer: Municipal sewage system
Address Map
  • Location: CA, Ontario, Kitchener, 327 - Fairview/Kingsdale, N2C1V1
  • Street: WOODHAVEN
  • Street Number: 88
  • Street Suffix: Road
  • Longitude: W81° 33' 4''
  • Latitude: N43° 25' 31.4''
Additional Information
  • Water Source:
  • Community Features:
  • Foundation Details:
  • Lot Features:
  • Number Of Units Total: 3
  • Stories: 1.0
Financial
  • Tax Annual Amount: 5609.93
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Listing updated: 2026-06-29 19:31:27
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Listing Information
  • List Agent Key: 2082150
  • List Office Key: 296447
  • Modification Timestamp: 2026-06-26T19:00:06Z
  • Originating System Name: Cornerstone Association of REALTORS®
  • Status Change Timestamp: 2026-06-26T18:51:26Z
Powered by REALTOR.ca
Listing updated: 2026-06-29 19:31:27
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