88 Woodhaven Road, Kitchener
A RARE OPPORTUNITY TO OWN A PROPERTY FEATURING THREE LEGAL UNITS in a friendly, established neighbourhood. Whether you're looking for the perfect multi-generational setup, a mortgage helper, or a turnkey investment, this versatile property offers exceptional flexibility. The main level features a bright, open-concept living and dining area filled with natural light, three generously sized bedrooms, and a full bathroom, creating a comfortable space to call home. The finished lower level is a fully self-contained two-bedroom suite complete with its own kitchen, offering privacy and independence for extended family or rental income. Adding even more value is the detached legal one-bedroom accessory dwelling unit, complete with its own kitchen, bathroom, and in-suite laundry, providing a completely separate living space for family, guests, or tenants. Situated on one of the larger lots in the neighbourhood, measuring approximately 52' x 109', the fully fenced backyard offers generous outdoor space for everyone to enjoy. Ideally located on a quiet street close to schools, parks, shopping, public transit, the ION LRT, and major highways, convenience is right at your doorstep. Recent updates include new flooring throughout, custom built-in cabinetry, a 200-amp electrical service, and an on-demand water heater (2021). Live in the spacious main unit while the two additional legal units help offset a significant portion of your monthly living expenses, create an ideal multi-generational living arrangement where everyone can enjoy their own private space, or take advantage of the property’s full investment potential with projected rental income of approximately $5,600 per month ($67,200 annually). Vendor Take-Back financing is available with a minimum 30% down payment, providing additional flexibility for qualified buyers. With a projected cap rate of over 6%, this is a rare opportunity for both owner-occupiers and investors in today’s market. (id:1945)
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Property details for 88 Woodhaven Road, Kitchener
- Type
- Residential
- Style
- Bungalow
- Bedrooms
- 6
- Bathrooms
- 3
- Living Area
- 1,927 square feet
- Stories
- 1
- Basement
- Finished, Full
- Parking
- Detached Garage
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Exterior
- Brick Veneer
- Ownership
- Freehold
- Annual Taxes
- $5,610
Nearby Listings Stat
Estimated price and comparable properties near 88 Woodhaven Road
Active Listings
5
Min Price
$950,000
Max Price
$979,000
Avg Price
$961,600
Days on Market
33
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Neighbourhood Census Data
Kitchener, Ontario
Population
427
Median Age
40.2
Median Income
$30,704
Dwelling Value
$300,233
Housing Tenure
Owners 53%
Renters 47%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.3
Pop. Density: 3,687.4/km²
Avg Shelter Cost: $1,261/mo
Owners with Mortgage: 63.2%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 44.4%
English only: 95.3%
English and French: 3.5%
Neither: 2.4%
Median Household Income: $58,112
Median Employment Income: $32,640
Price History
Listed
September 10, 2026
by Chestnut Park Realty Southwestern Ontario Limited
Current Price
$950,000
-9.4% from last change
Type
Residential
For Sale
Price Changes
3
| Date | Price | Change |
|---|---|---|
| Current | $950,000 | $99,000 (-9.4%) |
| Sep 10, 2026 | $1,049,000 | $46,000 (-4.2%) |
| Jun 4, 2026 | $1,095,000 | $93,800 (-7.9%) |
| May 6, 2026 | $1,188,800 | Listed |
