33
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$429,900
Est. payment /mo
4 Beds
2 Baths
New
61 Eby ST S #B Kitchener, ON N2G 3K9
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Key Details
Property Type Townhouse
Sub Type Att/Row/Townhouse
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
MLS Listing ID X13006288
Style 2-Storey
Bedrooms 4
Annual Tax Amount $2,577
Tax Year 2025
Property Sub-Type Att/Row/Townhouse
Property Description
[ 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.
Location
Province ON
County Waterloo
Area Waterloo
Rooms
Family Room Yes
Basement Finished with Walk-Out, Full
Kitchen 2
Separate Den/Office 1
Interior
Interior Features Water Heater Owned
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Front Yard Parking
Pool None
Roof Type Membrane,Flat
Lot Frontage 20.74
Lot Depth 70.54
Total Parking Spaces 1
Building
Building Age 100+
Unit Features Library,Place Of Worship,Park,School
Foundation Unknown
Others
ParcelsYN Yes
Listed by CITYSCAPE REAL ESTATE LTD.
Nearby Locations
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