Incredible turnkey investment opportunity. A Fully Renovated Legal Duplex located in a desirable Forest Heights, Kitchener neighbourhood. 4 spacious bedrooms with 2 washrooms on the Main Floor. 3 bedrooms Legal Basement apartment with separate entrance and 3 ensuite washrooms Thousands spent on the renovations. Both units are beautifully designed with high-end finishes, including luxury vinyl flooring, quartz countertops, stainless steel appliances, and in-suite laundries for both units on main floor and basement. Seeing is believing. New kitchens, New floors, New washrooms, New furnace, New AC, New water heater and many many more. Extended driveway which can accommodate 3 vehicles. The old aluminium wiring is replaced with new copper wiring in the whole house. All brick bungalow in desirable Forest Heights, Kitchener neighbourhood 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 over $63,000 and minimal expenses, this property is a true wealth-builder. Main floor can easily be rented for $2800 and basement can also be rented for $2500. 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. Open houses on August 8th from 2-4pm.
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KINGSWAY REAL ESTATE
Source: TRREB,MLS®#: X13648016Originating MLS®#: Toronto Regional Real Estate Board
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 7
Bathrooms: 5
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: 8/7/2026
K
KINGSWAY REAL ESTATE
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