For sale 50$950,000
88 Woodhaven Drive
Kitchener, Ontario N2C1V1
For sale· Added
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.
Location
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Property details
Listing
- MLS® number
- X13768322
- Added
- Sep 10, 2026 ()
- Updated
- Sep 10, 2026 ()
- Info refreshed
Overview
- Property type
- Multi-family
- Building type
- Triplex
- Style
- Bungalow
- Storeys
- 1
Inside
- Bedrooms
- 4+2
- Bathrooms
- 3
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Fireplace
- No
- Appliances
- All, Washer, Refrigerator, Dishwasher, Stove, Dryer
- Features
- Carpet Free, Guest Suite, In-Law Suite
Building
- Basement
- Full, Apartment in basement, Separate entrance
- Exterior
- Brick
- Foundation
- Concrete
- Parking
- Detached Garage, Garage · 4 spaces
- Security
- Monitored Alarm
Land
- Lot size
- 52.2 x 109.5 ft
- Fencing
- Fenced yard, Fully Fenced
- View
- City view
- Zoning
- RES 2
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
Location
- Cross streets
- Wilson Ave
- Directions
- Wilson Ave to Woodhaven Rd.
- Nearby
- Community Centre
Running costs
- Annual property tax (2026)
- $5,610
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