Open New Doors Real Estate
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$950,000

88 Woodhaven Road

Kitchener, N2C1V1

6 bd3 ba1,927 sq ftDetachedListed 7 weeks agoExplore Kingsdale →

Listed by Chestnut Park Realty Southwestern Ontario Limited · MLS® 40861923

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About this home

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.

Details

Style
Bungalow
Storeys
1
Year built
1958
Living area
1,927 square feet
Taxes
$5,610
Parking
4 spaces · Detached Garage
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Basement
Finished, Full
Exterior
Brick Veneer
Appliances
Water softener
Water
Municipal water
Sewer
Municipal sewage system
Ownership
Freehold

Features: Community Centre, Paved driveway, Private Yard

Rooms

LevelRoomSize
Main level3pc Bathroom
Main levelBedroom10'0'' x 9'5''
Main levelLiving room13'0'' x 7'4''
Main levelKitchen13'0'' x 9'5''
BasementLaundry room8'3'' x 11'8''
Basement4pc Bathroom
BasementBedroom12'11'' x 11'5''
BasementBedroom17'3'' x 10'7''
BasementKitchen24'3'' x 11'8''
Main level5pc Bathroom
Main levelBedroom11'7'' x 12'1''
Main levelBedroom9'3'' x 9'9''
Main levelPrimary Bedroom12'8'' x 10'2''
Main levelKitchen/Dining room12'8'' x 21'1''
Main levelLiving room11'7'' x 18'4''

Location

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