35 Silver Aspen Crescent, Kitchener
Main floor for rent - 65% Utilities to be paid by tenant - Landlord can also give ENTIRE property for rent - 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. 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. (id:1945)
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Property details for 35 Silver Aspen Crescent, Kitchener
- Type
- Residential
- Style
- Bungalow
- Bedrooms
- 4
- Bathrooms
- 2
- Lot Size
- 45 x 90 FT
- Stories
- 1
- Basement
- Apartment in basement, Separate entrance, N/A, N/A
- Parking
- Attached Garage, Garage
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Exterior
- Brick
- Ownership
- Freehold
Nearby Listings Stat
Estimated price and comparable properties near 35 Silver Aspen Crescent
Active Listings
3
Min Price
$2,800
Max Price
$2,995
Avg Price
$2,898
Days on Market
12
days
Sold Listings
1
Min Sold Price
$2,399
Max Sold Price
$2,399
Avg Sold Price
$2,399
Days until Sold
52
days
Neighbourhood Census Data
Kitchener, Ontario
Population
866
Median Age
36.1
Median Income
$30,592
Dwelling Value
$250,186
Housing Tenure
Owners 73%
Renters 27%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.7
Pop. Density: 5,765.6/km²
Avg Shelter Cost: $1,209/mo
Owners with Mortgage: 71.4%
Owners Spending 30%+: 14.3%
Tenants Spending 30%+: 58.8%
English only: 92.5%
English and French: 5.2%
Neither: 2.3%
Median Household Income: $69,376
Median Employment Income: $32,512
Price History
Listed
September 20, 2026
by KINGSWAY REAL ESTATE
Current Price
$2,800
Type
Residential
For Rent
