61 Eby Street #B Kitchener, ON N2G 3K9
Open House
Sun Apr 19, 2:00pm - 4:00pm
UPDATED:
Key Details
Property Type Townhouse
Sub Type Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 972 sqft
Price per Sqft $442
MLS Listing ID 40816047
Style Two Story
Bedrooms 4
Full Baths 2
Abv Grd Liv Area 1,430
Year Built 1914
Annual Tax Amount $2,577
Property Sub-Type Row/Townhouse
Source Cornerstone
Property Description
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.
Location
Province ON
County Waterloo
Area 3 - Kitchener West
Zoning R2
Direction Between Church and Charles. Access via shared driveway to the right of 59 EBY St S.
Rooms
Basement Walk-Out Access, Full, Finished
Bedroom 2 3
Kitchen 2
Interior
Interior Features Water Meter
Heating Forced Air, Natural Gas
Cooling None
Fireplace No
Window Features Window Coverings
Appliance Water Heater Owned, Hot Water Tank Owned, Range Hood, Refrigerator, Stove
Laundry None
Exterior
Utilities Available Cable Available, Electricity Connected, Garbage/Sanitary Collection, High Speed Internet Avail, Natural Gas Connected, Recycling Pickup, Street Lights, Phone Connected
Roof Type Flat,Membrane
Lot Frontage 20.74
Lot Depth 70.54
Garage No
Building
Lot Description Urban, City Lot, Library, Park, Place of Worship, Public Parking, Schools, Shopping Nearby
Faces Between Church and Charles. Access via shared driveway to the right of 59 EBY St S.
Sewer Sewer (Municipal)
Water Municipal-Metered
Architectural Style Two Story
Structure Type Brick
New Construction No
Others
Senior Community No
Tax ID 225020029
Ownership Freehold/None
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