$1,049,000
11.26 BTC
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88 Woodhaven Road, Kitchener
$1,049,000
PRICE
4 + 2
BEDROOMS
3
BATHROOMS
X13494568
MLSID

88 Woodhaven Road, Kitchener

A rare opportunity to own a property featuring three legal living 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 the ideal multi-generational lifestyle where everyone enjoys their own private space, or maximize the property's investment potential with projected rental income of approximately $6,000 per month ($72,000 annually). Vendor Take-Back financing is available with a minimum 30% down payment, offering additional flexibility for qualified buyers. A rare opportunity offering a projected 6% cap rate in today's market.
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Sold History

SOLD
25 June 2024
$745,000

Summary

Address
88 Woodhaven Road
MLSID
X13494568
Property Type
Multiplex
Property Category
Bedrooms
4 + 2
Bathrooms
3
Kitchens
1 + 1
Zoning
R2
Taxes (Annual)
$5,609.93
Tax Year
2026
Published
June 26, 2026
Days on Market
5 Days
Possession Type
Immediate
Possession Details
Flexible
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Inclusions

All appliances x3- fridge x3, stove x3, dishwasher x3, washing machine x3, dryer x3

Details

Property Features
Park, Place Of Worship, School Bus Route, School
Bathroom 1
5-Piece Main Level
Bathroom 2
3-Piece Main Level
Bathroom 3
4-Piece Lower Level
Basement
Finished, Full, Separate Entrance
Exterior Features
Deck, Landscaped
Interior Features
Primary Bedroom - Main Floor, Water Softener
Parking Spaces
4
Parking Total
4
Parking Features
Private Double, Private, Tandem
Architectural Style
Bungalow
Roof
Asphalt Shingle
Construction Materials
Brick
Lot Width
52 Feet
Lot Depth
110 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Vacant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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