35 Shaftsbury Drive Kitchener, Ontario N2A 1N4

7 Bedroom 3 Bathroom 2,000 - 2,500 ft²

Wall Unit Radiant Heat

$1,199,900

6% CAP RATE! PURPOSE-BUILT THREE-UNIT property located in the sought-after Lackner Woods neighbourhood of Kitchener. This cash-flowing gem brings in $7,000 per month in rental income, offering a 6% cap rate and approximately $1,000/month in positive cash flow! Featuring two massive 3-bedroom units at 1,150 sq ft each, and a bright, updated 1-bedroom lower-level unit, this property is ideal for both investors or owner-occupiers looking to have their mortgage paid by tenants. Each unit is thoughtfully updated and includes new granite countertops, open-concept layouts, vinyl flooring, and access to outdoor spaces including private balconies, a private patio, and a shared backyard. The basement unit has a new kitchen and plenty of natural light. Tenants pay all utilities including hydro, and each unit has separate hydro meters along with its own driveway for private parking. The property also boasts a full 2-car garage, parking for 4 more vehicles in the main driveway, plus a brand-new driveway (2024) for an additional 2 cars. Recent upgrades include a new boiler (2021), chimney liner (2021), electrical (2013), owned water heater (2022), and owned water tank (2020). This turn-key investment property is walking distance to shopping, parks, schools, and amenities making it the perfect blend of location, income, and lifestyle. (id:54532)

Virtual Tour

Property Details

MLS® Number	X12073669
Property Type	Multi-family
Parking Space Total	7

Building

Bathroom Total	3
Bedrooms Above Ground	6
Bedrooms Below Ground	1
Bedrooms Total	7
Age	51 To 99 Years
Amenities	Separate Electricity Meters
Appliances	Dryer, Water Heater, Stove, Washer, Refrigerator
Basement Development	Finished
Basement Type	N/a (finished)
Cooling Type	Wall Unit
Exterior Finish	Brick
Foundation Type	Concrete
Heating Fuel	Natural Gas
Heating Type	Radiant Heat
Stories Total	2
Size Interior	2,000 - 2,500 Ft²
Type	Duplex
Utility Water	Municipal Water

Parking

Attached Garage
Garage

Land

Acreage	No
Sewer	Sanitary Sewer
Size Depth	111 Ft
Size Frontage	65 Ft
Size Irregular	65 X 111 Ft
Size Total Text	65 X 111 Ft
Zoning Description	Res-4

Rooms

Level	Type	Length	Width	Dimensions
Second Level	Bedroom	2.88 m	4.24 m	2.88 m x 4.24 m
Second Level	Primary Bedroom	4.57 m	2.89 m	4.57 m x 2.89 m
Second Level	Bedroom 2	3.52 m	2.63 m	3.52 m x 2.63 m
Second Level	Bathroom	2.84 m	1.98 m	2.84 m x 1.98 m
Second Level	Kitchen	2.86 m	2.36 m	2.86 m x 2.36 m
Second Level	Living Room	3.48 m	4.69 m	3.48 m x 4.69 m
Second Level	Dining Room	3.96 m	3.74 m	3.96 m x 3.74 m
Basement	Bedroom	3.37 m	5.56 m	3.37 m x 5.56 m
Basement	Kitchen	3.92 m	2.1 m	3.92 m x 2.1 m
Basement	Bathroom	3 m	3 m	3 m x 3 m
Basement	Utility Room	4.08 m	2.35 m	4.08 m x 2.35 m
Main Level	Bathroom	2.86 m	1.97 m	2.86 m x 1.97 m
Main Level	Kitchen	2.86 m	2.38 m	2.86 m x 2.38 m
Main Level	Dining Room	2.97 m	3.72 m	2.97 m x 3.72 m
Main Level	Living Room	3.34 m	4.65 m	3.34 m x 4.65 m
Main Level	Bedroom	2.86 m	4.2 m	2.86 m x 4.2 m
Main Level	Primary Bedroom	4.48 m	2.86 m	4.48 m x 2.86 m
Main Level	Bedroom 2	3.4 m	2.71 m	3.4 m x 2.71 m

Aerial

https://www.realtor.ca/real-estate/28147106/35-shaftsbury-drive-kitchener

Contact Us

Dan Fotopoulos
Salesperson

(705) 999-5590

Bettina Boucher
Salesperson

(705) 999-5590

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Last Updated
April 10 2025 01:56:36

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35 Shaftsbury Drive Kitchener, Ontario N2A 1N4