35 Hillsborough Crescent Kitchener, Ontario N2E 1J5
$699,900
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. (id:49269)
Property Details
| MLS® Number | X13202190 |
| Property Type | Multi-family |
| Equipment Type | Water Heater - Gas, Water Heater |
| Parking Space Total | 5 |
| Rental Equipment Type | Water Heater - Gas, Water Heater |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 4 |
| Amenities | Fireplace(s) |
| Appliances | Water Heater, Dishwasher, Dryer, Two Stoves, Two Washers, Two Refrigerators |
| Architectural Style | Raised Bungalow |
| Basement Features | Apartment In Basement, Separate Entrance |
| Basement Type | N/a, N/a |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Fireplace Present | Yes |
| Fireplace Total | 1 |
| Foundation Type | Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 700 - 1,100 Sqft |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 124 Ft ,7 In |
| Size Frontage | 32 Ft ,7 In |
| Size Irregular | 32.6 X 124.6 Ft ; Pie Shaped/irregular |
| Size Total Text | 32.6 X 124.6 Ft ; Pie Shaped/irregular |
https://www.realtor.ca/real-estate/29814413/35-hillsborough-crescent-kitchener
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July 11 2026 09:07:19
Toronto Regional Real Estate Board
Exp Realty