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$429,900
Ontario,Kitchener
For Sale Active
B - 61 EBY STREET S, Kitchener, Ontario N2G3K9
  • 4
  • 2
  • 700 - 1100Square Feet
Contact Seller
Next Open House
  • Apr 19 14:00 - 16:00
Basic Details
Description

[ 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. (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: X13006288
  • Price: $429,900
  • Bedrooms: 4
  • Bathrooms: 2
  • Square Footage: 700 - 1100 Sqft
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Single Family
  • Office Key: 238732
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: None
  • Basement: Finished, Full, Walk out
  • Parking: No Garage
  • Exterior Features: Brick
  • Sewer: Sanitary sewer
  • Utilities: Electricity, Sewer, Cable
Address Map
  • Location: CA, Ontario, Kitchener, N2G3K9
  • Street: Eby
  • Street Number: 61
  • Street Suffix: Street
  • Longitude: W81° 30' 52.5''
  • Latitude: N43° 26' 45.8''
  • Street Dir Suffix: South
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Size Dimensions: 20.7 x 70.5 FT
  • Stories: 2.0
Financial
  • Tax Annual Amount: 2577.65
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Listing updated: 2026-04-16 22:58:47
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Listing Information
  • List Agent Key: 2170615
  • List Office Key: 238732
  • Modification Timestamp: 2026-04-16T16:26:00Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2026-04-16T16:17:11Z
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Listing updated: 2026-04-16 22:58:48
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