361 Prospect AVE, Kitchener, ON N2A 1C9
361 Prospect AVE, Kitchener, ON N2A 1C9
361 Prospect AVE, Kitchener, ON N2A 1C9
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$715,000
Est. payment /mo
5 Beds
2 Baths
1,105 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,105 sqft

Price per Sqft $647

MLS Listing ID 40856832

Style Bungalow

Bedrooms 5

Full Baths 2

Abv Grd Liv Area 1,865

Year Built 1957

Annual Tax Amount $4,301

Property Sub-Type Single Family Residence

Source Cornerstone

Property Description

VACANT TURNKEY LEGAL DUPLEX in a desirable Kitchener location, offering a 3-BEDROOM UPPER UNIT and 2-BEDROOM LOWER UNIT, each completely self-contained with its own kitchen, bathroom, in-suite laundry, and 100-amp hydro panel. Converted to a legal duplex in 2020, this property is ideal for investors, multi-generational living, or buyers looking to live in one unit while generating income from the other. Both units are fully vacant, giving buyers the flexibility to select their own tenants and establish current market rents. A spacious 6-car asphalt driveway, installed in 2020, provides ample parking for both units. Additional updates include a new furnace in 2025 and new garage roof in 2026. Both units have been freshly painted and refreshed, with additional recent improvements throughout. The basement is fully finished with the exception of the utility room. Located beside Sunnyside Public School, making the morning school run about as convenient as it gets! A solid opportunity to invest, accommodate extended family, or offset living costs with rental income.

Location

Province ON

County Waterloo

Area 2 - Kitchener East

Zoning R2B

Direction Due to construction on Prospect Ave, enter “46 Emerald Ave, Kitchener” into GPS. Access Emerald Ave from Weber St E and park on Emerald. 361 Prospect is the corner property beside 46 Emerald, behind the wooden fence with the tall evergreen tree.

Rooms

Other Rooms Shed(s)

Basement Separate Entrance, Full, Finished

Kitchen 2

Interior

Interior Features Separate Hydro Meters

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Laundry In-Suite

Exterior

Parking Features Attached Garage, Asphalt

Garage Spaces 1.0

Fence Fence - Partial

Roof Type Asphalt Shing

Lot Frontage 60.0

Lot Depth 117.5

Garage Yes

Building

Lot Description Urban, Rectangular, Corner Lot, Highway Access, Major Anchor, Open Spaces, Park, Place of Worship, Public Transit, Regional Mall, School Bus Route, Schools, Shopping Nearby, Trails

Faces Due to construction on Prospect Ave, enter “46 Emerald Ave, Kitchener” into GPS. Access Emerald Ave from Weber St E and park on Emerald. 361 Prospect is the corner property beside 46 Emerald, behind the wooden fence with the tall evergreen tree.

Story 1

Sewer Sewer (Municipal)

Water Municipal

Architectural Style Bungalow

Level or Stories 1

Structure Type Brick,Vinyl Siding

New Construction No

Schools

Elementary Schools Sunnyside Public School

High Schools Eastwood Collegiate

Others

Senior Community false

Tax ID 225710146

Ownership Freehold/None

Virtual Tour https://unbranded.youriguide.com/361_prospect_avenue_kitchener_on/


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Listed by eXp Realty, Brokerage
Nearby School & Business

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Mike McCarthy
Mike McCarthy

Realtor | License ID: 4794661

+1(289) 919-5442 | mike@mikemccarthyrealty.com

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