88 Woodhaven Road Kitchener, Ontario N2C 1V1
$950,000
A RARE OPPORTUNITY TO OWN A PROPERTY FEATURING THREE LEGAL 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 an ideal multi-generational living arrangement where everyone can enjoy their own private space, or take advantage of the property’s full investment potential with projected rental income of approximately $5,600 per month ($67,200 annually). Vendor Take-Back financing is available with a minimum 30% down payment, providing additional flexibility for qualified buyers. With a projected cap rate of over 6%, this is a rare opportunity for both owner-occupiers and investors in today’s market. (id:61499)
Property Details
| MLS® Number | 40861923 |
| Property Type | Single Family |
| AmenitiesNearBy | Place Of Worship, Public Transit, Schools, Shopping |
| CommunityFeatures | Community Centre |
| EquipmentType | Water Heater |
| Features | Paved Driveway, Private Yard |
| ParkingSpaceTotal | 4 |
| RentalEquipmentType | Water Heater |
| Structure | Shed, Porch |
Building
| BathroomTotal | 3 |
| BedroomsAboveGround | 4 |
| BedroomsBelowGround | 2 |
| BedroomsTotal | 6 |
| Appliances | Water Softener |
| ArchitecturalStyle | Bungalow |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| ConstructedDate | 1958 |
| ConstructionStyleAttachment | Detached |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick Veneer |
| FoundationType | Poured Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 1 |
| SizeInterior | 1927 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
Parking
| Detached Garage |
Land
| AccessType | Highway Access |
| Acreage | No |
| FenceType | Fence |
| LandAmenities | Place Of Worship, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| SizeDepth | 110 Ft |
| SizeFrontage | 52 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | R2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Laundry Room | 11'8'' x 8'3'' | ||
| Basement | 4pc Bathroom | Measurements not available | ||
| Basement | Bedroom | 11'5'' x 12'11'' | ||
| Basement | Bedroom | 10'7'' x 17'3'' | ||
| Basement | Kitchen | 11'8'' x 24'3'' | ||
| Main Level | 3pc Bathroom | Measurements not available | ||
| Main Level | Bedroom | 9'5'' x 10'0'' | ||
| Main Level | Living Room | 7'4'' x 13'0'' | ||
| Main Level | Kitchen | 9'5'' x 13'0'' | ||
| Main Level | 5pc Bathroom | Measurements not available | ||
| Main Level | Bedroom | 12'1'' x 11'7'' | ||
| Main Level | Bedroom | 9'9'' x 9'3'' | ||
| Main Level | Primary Bedroom | 10'2'' x 12'8'' | ||
| Main Level | Kitchen/dining Room | 21'1'' x 12'8'' | ||
| Main Level | Living Room | 18'4'' x 11'7'' |
https://www.realtor.ca/real-estate/30260253/88-woodhaven-road-kitchener
Interested?
Contact us for more information
Nicole Ashley Prokopowicz
Salesperson
75 King Street South Unit 50a
Waterloo, Ontario N2J 1P2
William Prokopowicz
Salesperson
75 King Street South Unit 50
Waterloo, Ontario N2J 1P2
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September 10 2026 05:59:57
Chestnut Park Realty Southwestern Ontario Limited, Chestnut Park Realty Southwestern Ontario Ltd., Brokerage