35 Hillsborough Crescent, Kitchener, ON N2E 1J5
Kitchener, ON, N2E 1J5
About this property
An exceptional turnkey investment opportunity in a prime Kitchener location. This fully leased legal duplex offers immediate, stable cash flow with a spacious 3-bedroom upper unit rented for $2,350/month plus 70% of utilities and a self-contained 1-bedroom lower suite rented for $1,400/month plus 30% of utilities, generating $3,750 in total monthly rental income. Both units are occupied with approximately one year remaining on their leases, providing investors with reliable income from day one. The property has been well maintained and features numerous recent updates, including a brand new furnace (2026), roof shingles replaced in 2021, fresh paint throughout, updated bathrooms, new flooring in the lower unit, and other thoughtful improvements that minimize future capital expenses. Separate laundry for each unit offers added convenience and privacy for tenants, while the oversized backyard and prime location just minutes from Sunrise Plaza, Highway 7/8, schools, parks, trails, shopping, and everyday amenities further enhance its long-term appeal. Whether you're looking to expand your portfolio or secure a low-maintenance, income-producing asset with quality tenants already in place, this legal duplex is an outstanding investment opportunity.
Features & Amenities
- Basement: Apartment, Separate Entrance
- Garage: Built-In
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: Bungalow-Raised
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Duplex |
| Architectural Style | Bungalow-Raised |
| Bedrooms | 4 |
| Bathrooms | 2 |
| Basement | Apartment, Separate Entrance |
| Garage | Built-In |
| Parking Spaces | 4 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $4,436 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Accessory Apartment, Water Heater, Storage Area Lockers
- Fireplace
- Yes
- Fireplace Features
- Wood
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- Bungalow-Raised
- Construction Materials
- Brick
- Foundation Details
- Concrete
- Roof
- Asphalt Shingle
- Basement
- Apartment, Separate Entrance
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- Built-In
- Garage
- Yes
- Parking Spaces
- 4
- Parking Total
- 5.00
- Covered Spaces
- 1
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 124.62
- Lot Width
- 32.63
- Lot Irregularities
- Pie Shaped/Irregular
Financial & Tax
- Tax Annual Amount
- $4,436
- Tax Year
- 2025
- Possession Type
- Immediate
- Possession Details
- Immediate
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 6
- Rooms Below Grade
- 3
- Kitchens Above Grade
- 1
- Kitchens Total
- 2
- Bedrooms Above Grade
- 3
- Bedrooms Below Grade
- 1
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- North
- County Or Parish
- Waterloo
- Cross Street
- Ottawa St S & Fischer-Hallman Rd
- Directions
- North Side of Hillsborough
- Special Designation
- Unknown
- Showing Requirements
- Lockbox
Location
35 Hillsborough Crescent, Kitchener, ON N2E 1J5, Kitchener, ON, N2E 1J5