Property Details
B - 61 EBY STREET S, Kitchener, Ontario, N2G3K9
Next Open House: April 19
April 19
[ 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:2471)
HARVEY KALLES REAL ESTATE LTD. Brokerage - Toronto
- 416-452-6249
- 416-441-2888
- rick@rickohomes.com
- Property Address: B - 61 EBY STREET S, Kitchener, Ontario, N2G3K9
- Property Type: Single Family
- Zoning Description: R2
- Title: Freehold
- Lot Size: 20.7 x 70.5 FT
- Acreage: 20.7 x 70.5 FT|under 1/2 acre
- Sewage Type: Sanitary sewer
- Water Type: Municipal water
- Driveway: No Garage
- Total Parking Spaces: 1
- Maintenance Fee: 0.00
- Amenities Nearby: Place of Worship, Park, Schools
- Structure Style: Row / Townhouse
- Style: Attached
- Storeys: 2
- Floor Space: 700 - 1100 sqft
- Building Age: 100+ years
- Bedrooms: 3 + 1
- Bathrooms: 2-Total
- Basement Type: Full (Finished)
- Heating Type: Natural gas, Forced air
- Cooling: None
- Exterior Type: Brick
- Foundation Type: Unknown
- Appliances Included: Water Heater, Hood Fan, Stove, Window Coverings, Refrigerator
| Type | Level | Dimensions |
|---|---|---|
| Bedroom 2 | Second level | 3.33 m x 2.46 m |
| Bedroom 3 | Second level | 2.61 m x 3.4 m |
| Primary Bedroom | Second level | 3.58 m x 2.72 m |
| Bedroom 4 | Basement | 2.37 m x 3.27 m |
| Family room | Basement | 2.39 m x 3.05 m |
| Kitchen | Basement | 3.48 m x 3.09 m |
| Utility room | Basement | 1.77 m x 2.05 m |
| Dining room | Main level | 3.34 m x 3.35 m |
| Kitchen | Main level | 2.55 m x 2.46 m |
| Living room | Main level | 3.73 m x 3.25 m |
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