Listed by Forest Hill Real Estate Inc..

35 Shaftsbury Drive is a Duplex, 2-Storey and is currently for Sale @ $1,199,900. Taxes in 2024 were $4,786.00.

More homes for sale under 1.2M in Kitchener

6% CAP RATE! PURPOSE-BUILT THREE-UNIT property located in the sought-after Lackner Woods neighbourhood of Kitchener. The 2-Storey on 35 Shaftsbury Drive has 6 bedrooms, 3 bathrooms, and is located on a 111 x 65 ft lot in the community of . This cash-flowing gem brings in $7,000 per month in rental income, offering a 6% cap rate and approximately $1,000/month in positive cash flow! Featuring two massive 3-bedroom units at 1,150 sq ft each, and a bright, updated 1-bedroom lower-level unit, this property is ideal for both investors or owner-occupiers looking to have their mortgage paid by tenants. Each unit is thoughtfully updated and includes new 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 has a new kitchen and plenty of natural light. Tenants pay all utilities including hydro, and each unit has separate hydro meters along with its own driveway for private parking. The property also boasts a full 2-car garage, parking for 4 more vehicles in the main driveway, plus a brand-new driveway (2024) for an additional 2 cars. Recent upgrades include a new boiler (2021), chimney liner (2021), electrical (2013), owned water heater (2022), and owned water tank (2020). This turn-key investment property is walking distance to shopping, parks, schools, and amenities making it the perfect blend of location, income, and lifestyle.

3 Fridge, 3 Stove, Washer, Dryer, Hot Water Tank Owned

The address 35 Shaftsbury Drive was listed for sale (MLS# X12073669) on Thursday, April 10, 2025.