B - 61 Eby Street S Kitchener, Ontario N2G 3K9
$429,900
[ HIGHEST CAP RATE IN TOWN at 7%+ | FULLY VACANT | PRIME DOWNTOWN INVESTMENT ] Rare opportunity to acquire a fully vacant, non-conforming duplex townhouse offering the highest potential cap rate in town (7%+) and unmatched flexibility for investors or owner-occupiers. With both units vacant, you can immediately set market rents, house-hack, accommodate multigenerational living, or explore alternative uses - no tenant constraints. The upper unit features updated flooring and a clean, neutral palette. A bright living room flows into the dining area, creating a comfortable and functional living space. The kitchen offers white cabinetry, ample storage, and outdoor views. Builtin hallway cabinets and additional storage add everyday convenience. Upstairs are three well-sized bedrooms, a 4-piece bath, and access to a private balcony. The lower unit has a separate entrance, enhancing privacy and rental appeal. It includes a kitchen, family room, spacious bedroom, 4-piece bath, and additional storage - ideal for a secondary rental unit, in-law suite, or extended family use. At market rents, the property can easily generate $3,500+/month in combined income, delivering strong cash flow. The investment performance speaks for itself, with a net profit exceeding $31,000 in 2025, making this a true turn-key, high-yield asset. Located in the heart of Downtown Kitchener, steps to ION LRT, Kitchener Market, Victoria Park, schools, shopping, and dining - ensuring long-term demand and rent stability. Vacant. High-yield. Flexible. A standout opportunity for savvy investors looking to maximize returns from day one. Book your private showing today. (id:63616)
Open House
This property has open houses!
2:00 pm
Ends at:4:00 pm
Property Details
| MLS® Number | X13006288 |
| Property Type | Single Family |
| Amenities Near By | Place Of Worship, Park, Schools |
| Parking Space Total | 1 |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 4 |
| Age | 100+ Years |
| Appliances | Water Heater, Hood Fan, Stove, Window Coverings, Refrigerator |
| Basement Development | Finished |
| Basement Features | Walk Out |
| Basement Type | Full (finished) |
| Construction Style Attachment | Attached |
| Cooling Type | None |
| Exterior Finish | Brick |
| Foundation Type | Unknown |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 700 - 1,100 Ft2 |
| Type | Row / Townhouse |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Land Amenities | Place Of Worship, Park, Schools |
| Sewer | Sanitary Sewer |
| Size Depth | 70 Ft ,6 In |
| Size Frontage | 20 Ft ,8 In |
| Size Irregular | 20.7 X 70.5 Ft |
| Size Total Text | 20.7 X 70.5 Ft|under 1/2 Acre |
| Zoning Description | R2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom 2 | 3.33 m | 2.46 m | 3.33 m x 2.46 m |
| Second Level | Bedroom 3 | 2.61 m | 3.4 m | 2.61 m x 3.4 m |
| Second Level | Primary Bedroom | 3.58 m | 2.72 m | 3.58 m x 2.72 m |
| Basement | Bedroom 4 | 2.37 m | 3.27 m | 2.37 m x 3.27 m |
| Basement | Family Room | 2.39 m | 3.05 m | 2.39 m x 3.05 m |
| Basement | Kitchen | 3.48 m | 3.09 m | 3.48 m x 3.09 m |
| Basement | Utility Room | 1.77 m | 2.05 m | 1.77 m x 2.05 m |
| Main Level | Dining Room | 3.34 m | 3.35 m | 3.34 m x 3.35 m |
| Main Level | Kitchen | 2.55 m | 2.46 m | 2.55 m x 2.46 m |
| Main Level | Living Room | 3.73 m | 3.25 m | 3.73 m x 3.25 m |
Utilities
| Cable | Available |
| Electricity | Available |
| Sewer | Available |
https://www.realtor.ca/real-estate/29613701/b-61-eby-street-s-kitchener
Contact Us
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
April 16 2026 04:17:11
Toronto Regional Real Estate Board
Cityscape Real Estate Ltd.