Incredible turnkey investment opportunity. A Fully Renovated Legal Duplex located in a desirable Forest Heights, Kitchener neighborhood. 4 spacious bedrooms with 2 washrooms on the Main Floor. 3 bedrooms Legal Basement apartment with separate entrance and 3 ensuite washrooms. Total living floor area of 1,892 square feet including the basement. Thousands spent on the renovations approx. $200K plus. Both units are beautifully designed with high-end finishes, including luxury vinyl flooring, appliances and separate in-suite laundries for both units on the main floor and the basement. Seeing is believing. New floors, New washrooms, New furnace, New AC, New water heater and many many more. Extended new driveway approved by the city which can accommodate 3 vehicles. The old aluminum wiring is replaced with new copper wiring in the whole house. The gas line was replaced from road to the property spent approx. $5K. New front raised concrete porch spent approx. $7K. All brick bungalow in desirable Forest Heights, Kitchener neighborhood close to all amenities, shopping, and schools. 3 season sunroom, garden shed, fenced backyard, and large single garage. Silver Aspen is a prime rental location that will always attract great tenants as it is close to all universities in waterloo. With a gross potential income of approx.$65,000/annum and minimal expenses, this property is a true wealth-builder. Main floor can be rented for $2800 and basement can also be rented for $2600. Live in one unit while renting out the basement as a mortgage helper, or maximize your portfolio with a fully leased option. Please check the attached layout plans approved by the city. All measurements are mentioned in the city approved plans attached. It is the buyer or agent responsibility to verify all measurements. If you need a copy of the city approved plans please ask for the copy to verify all the measurements and legal status of the property. Open house on September 13, 2026 from 2 - 4 pm.
For sale
C$875,000
35 Silver Aspen Cres, Kitchener, ON N2N 1H5
7beds
5baths
Single Family Residence
Built in ----
4,050 Square Feet Lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
High-end finishesLuxury vinyl flooringNew floorsNew washroomsNew furnaceNew acNew water heater
- 34 days
- 13
- 0
Zillow last checked:
Listing updated:
Listed by:
KINGSWAY REAL ESTATE
Source: TRREB,MLS®#: X13718774
Originating MLS®#: Toronto Regional Real Estate Board
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
Primary bedroom
- Level: Ground
- Dimensions: 3.5 x 3.13
Bedroom
- Level: Basement
- Dimensions: 3.29 x 2.29
Bedroom
- Level: Basement
- Dimensions: 2.8 x 4.43
Bedroom
- Level: Basement
- Dimensions: 3.2 x 3.05
Bedroom 2
- Level: Ground
- Dimensions: 3.5 x 2.49
Bedroom 3
- Level: Ground
- Dimensions: 3.5 x 3.05
Bedroom 4
- Level: Ground
- Dimensions: 2.5 x 3.1
Dining room
- Level: Basement
- Dimensions: 3.38 x 3.66
Dining room
- Level: Ground
- Dimensions: 7.07 x 3.38
Kitchen
- Level: Ground
- Dimensions: 3.68 x 1.84
Living room
- Level: Ground
- Dimensions: 7.07 x 3.38
Living room
- Level: Basement
- Dimensions: 3.38 x 3.66
Heating
- Forced Air, Gas
Cooling
- Central Air
Features
- Other
- Basement: Apartment,Separate Entrance
- Has fireplace: No
Interior area
- Living area range: 700-1100 null
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Has garage: Yes
Features
- Pool features: None
Lot
- Size: 4,050 Square Feet
Details
- Parcel number: 224560176
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Concrete
- Roof: Asphalt Shingle
Utilities & green energy
- Sewer: Sewer
Community & HOA
Location
- Region: Kitchener
Financial & listing details
- Annual tax amount: C$4,504
- Date on market: 8/27/2026
Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: Forest Heights
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.





