Re-listed 21 days ago

486 Highland Rd, Kitchener, Ontario N2M 3W7

Townhouse
6
3
~1500-2000 sqft
$•••,•••
$999,990
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Townhouse
6
3
~1500-2000 sqft

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Highlights

Property Estimate

Days on market21 days

Total days on market
128 days

Estimated valueNot available

Price/Sqft$583/sqft

Monthly cost

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CMA Subject Property

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*Based on last 30 days

Description

PURPOSE BUILT TRIPLEX. 3 x 2 BEDROOM UNITS. UNIT 1 & 2 ARE VACANT, UNIT 3 IS OCCUPIED. 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 ®NumberX12244397
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


Market Data - Southdale

Geo Zone Map ThumbnailSouthdale

Strong 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

0 day

Compared to

2024

0 day

2023

11 days

2022

27 days

New Listings

Past 30 days

3 listings

Compared to

2024

3 listings

2023

2 listings

2022

1 listing

Units sold

Past 30 days

0 unit

Compared to

2024

0 unit

2023

1 unit

2022

1 unit

Median Sold Price

Past 30 days

$0

Compared to

2023

$429,900

2022

$600,000


Population and Demographics

Overview

Total population 3110
Average household income $87,180

Age (%)

0 to 19
20%
20 to 34
27%
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