$ 675,000

450 Highland Road E, Kitchener

Exceptional opportunity to own a beautifully updated legal duplex raised bungalow in a peaceful, desirable neighbourhood. Flexible multi-unit living with the ability to reside in one unit and rent the other, or use both as income-producing rental or Airbnb accommodations. This impressive property features two fully self-contained units, each offering its own private entrance, kitchen, bathroom, and separate hydro meter for excellent flexibility and privacy. The upper unit was completely renovated in 2020 and featurs a bright open-concept layout, updated kitchen with modern appliances, spacious bedrooms, and a beautifully refreshed bathroom. The lower unit, professionally added in 2021, offers a thoughtfully designed two-bedroom suite complete with a stylish kitchen, modern bathroom, and generous storage including two sheds, added in 2023 and 2023, for additional storage for tenants. This turnkey property offers exceptional versatility and strong income potential. Conveniently located close to public transit, major highways, shopping, and 10 minutes to Wilfrid Laurier and Waterloo Universities. As an added bonus, 2 sets of appliances, 2 sheds, and all furniture from the lower unit are included, and upper-level furniture can be negotiated as part of an offer, making this an outstanding move-in-ready investment opportunity. Legal duplexes of this quality and condition rarely come available. (id:1945)
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Property details for 450 Highland Road E, Kitchener

Type
Multi-family
Bedrooms
4
Bathrooms
2
Living Area
1,554 square feet
Stories
1
Basement
Finished, Full
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Exterior
Brick
Ownership
Freehold
Annual Taxes
$3,188

Nearby Listings Stat

Estimated price and comparable properties near 450 Highland Road E

Active Listings
44
Min Price
$458,000
Max Price
$975,000
Avg Price
$659,722
Days on Market
68
days
Sold Listings
17
Min Sold Price
$399,999
Max Sold Price
$829,900
Avg Sold Price
$661,776
Days until Sold
31
days

Neighbourhood Census Data

Kitchener, Ontario

Population
694
Median Age
35.8
Median Income
$27,627
Dwelling Value
$264,420

Housing Tenure

Owners 33%
Renters 69%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.1
Pop. Density: 4,111.4/km²
Avg Shelter Cost: $1,087/mo
Owners with Mortgage: 57.9%
Owners Spending 30%+: 21.1%
Tenants Spending 30%+: 35.7%
English only: 92.8%
English and French: 5.8%
Neither: 1.4%
Median Household Income: $51,072
Median Employment Income: $30,272

Price History

Listed
October 7, 2026
by Royal LePage State Realty Inc.
Current Price
$675,000
-3.6% from last change
Type
Multi-family
For Sale
Price Changes
2
Date Price Change
Current $675,000 $24,999 (-3.6%)
Oct 7, 2026 $699,999 +$999 (+0.1%)
Aug 18, 2026 $699,000 Listed

Contact Agent Get in touch about 450 Highland Road E, Kitchener

Sylvia Eckert
Sylvia Eckert
Royal LePage State Realty Inc.