ON > Kitchener
Kitchener, ON N2A1N4,35 SHAFTSBURY DRIVE
Kitchener, ON N2A1N4,35 SHAFTSBURY DRIVE
Kitchener, ON N2A1N4,35 SHAFTSBURY DRIVE
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Aaron MacRae

Aaron MacRae

+1(403) 852-2260
$1,099,000
Est. payment /mo
7 Beds
3 Baths
2,000 SqFt
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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $549

MLS® Listing ID X12475532

Bedrooms 7

Source OnePoint Association of REALTORS®

Property Description

6% CAP RATE! PURPOSE-BUILT THREE-UNIT PROPERTY IN LACKNER WOODS! This cash-flowing gem brings in approximately $7,000 per month in rental income, offering a 6% cap rate and around $1,000 per month in positive cash flow. Featuring two spacious 3-bedroom units (1,150 sq ft each) and a bright, updated 1-bedroom lower-level unit, this property is ideal for investors or owner-occupiers looking to have their mortgage paid by tenants. Each unit has been thoughtfully updated with granite countertops, open-concept layouts, vinyl flooring, and access to outdoor spaces including private balconies, a private patio, and a shared backyard. The basement unit offers a new kitchen and plenty of natural light. Tenants pay all utilities, and each unit has separate hydro meters and its own private driveway. Additional highlights include a full 2-car garage, parking for 4 more vehicles in the main driveway, and a new 2024 driveway for 2 extra cars. Recent upgrades include a new boiler (2021), chimney liner (2021), electrical (2013), owned water heater (2022), and owned water tank (2020). Located steps from shopping, parks, schools, and amenities, this turn-key investment blends income potential, location, and modern comfort. (id:24570)

Location

State ON

Rooms

Kitchen 3.0

Extra Room 1 Second level 2.88 m X 4.24 m Bedroom

Extra Room 2 Second level 4.57 m X 2.89 m Primary Bedroom

Extra Room 3 Second level 3.52 m X 2.63 m Bedroom 2

Extra Room 4 Second level 2.84 m X 1.98 m Bathroom

Extra Room 5 Second level 2.86 m X 2.36 m Kitchen

Extra Room 6 Second level 3.48 m X 4.69 m Living room

Interior

Heating Radiant heat

Cooling Wall unit

Exterior

Parking Features Yes

View Y/N No

Total Parking Spaces 7

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Others

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Aaron MacRae

Aaron MacRae

Agent

+1(403) 852-2260

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