83 days on Market

486 Highland Rd, Kitchener, Ontario N2M 3W7

Townhouse
6
3
~1500-2000 sqft
$•••,•••
$1,019,900
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Townhouse
6
3
~1500-2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$594/sqft

Est. Mortgage$4,380/mo

Tax Amount (2025)$5,371/yr

Days On Market83 days


Description

100% VACANT AS OF MAY 31/2025. PURPOSE BUILT TRIPLEX. 3 x 2 BEDROOM UNITS. 2 minutes (1KM) to Highway 7/8. On a bus route. 4 minutes to downtown. Fantastic investment opportunity in the heart of Kitchener! This well-maintained 3-unit building features three spacious 2-bedroom units, each with a full kitchen and 4-piece bathroom. The top two units offer private balconies that were renovated Summer of 2024, while tenants enjoy the convenience of shared coin-operated laundry. The chimney was replaced in in January 2025. Unit 3 renovated April of 2025. Each unit is rented out at $2,100 per month excluding utilities in which they pay 1/3 of the total bills every month. Ideally located with easy access to highways, parks, schools, shopping, and more. A great addition to any investor's portfolio or a perfect opportunity for multi-generational living!


Property Details

Style2-Storey
View-
Age of property-
SqFt~1500-2000 SqFt
Lot Size6,930 SqFt(110 x 63)
Parking Spaces6
MLS ®NumberX12013455
Community NameSouthdale
Data SourceTRREB
Listing byRE/MAX TWIN CITY REALTY INC.

Features

Heating: Forced Air
Basement: Apartment

Features

Lot size: 6,930 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 6


Property listed by RE/MAX TWIN CITY REALTY INC., Brokerage

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Market Data - Southdale

Geo Zone Map ThumbnailSouthdale

Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

59 days

Compared to

2024

21 days

2023

44 days

2022

0 day

New Listings

Past 30 days

0 listing

Compared to

2024

1 listing

2023

2 listings

2022

2 listings

Units sold

Past 30 days

2 units

Compared to

2024

2 units

2023

1 unit

2022

0 unit

Median Sold Price

Past 30 days

$601,000

Compared to

2024

$637,500

2023

$420,000


Population and Demographics

Overview

Total population 3110
Average household income $87,180

Age (%)

20 to 34
27%
0 to 19
20%
35 to 49
19%
50 to 64
18%
65 and plus
16%

Household composition (%)

Single family
51%
Single person
41%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
77%
Spanish
5%
Tigrigna
4%
Others
3%
German
3%
Portuguese
2%
Arabic
1%
French
1%

House tenancy (%)

Renters
66%
Owners
34%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget