361 Prospect Avenue, Kitchener
VACANT TURNKEY LEGAL DUPLEX in a desirable Kitchener location, offering a 3-BEDROOM UPPER UNIT and 2-BEDROOM LOWER UNIT, each completely self-contained with its own kitchen, bathroom, in-suite laundry, and 100-amp hydro panel. Converted to a legal duplex in 2020, this property is ideal for investors, multi-generational living, or buyers looking to live in one unit while generating income from the other. Both units are fully vacant, giving buyers the flexibility to select their own tenants and establish current market rents. A spacious 6-car asphalt driveway, installed in 2020, provides ample parking for both units. Additional updates include a new furnace in 2025 and new garage roof in 2026. Both units have been freshly painted and refreshed, with additional recent improvements throughout. The basement is fully finished with the exception of the utility room. Located beside Sunnyside Public School, making the morning school run about as convenient as it gets! A solid opportunity to invest, accommodate extended family, or offset living costs with rental income. (id:1945)
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Property details for 361 Prospect Avenue, Kitchener
- Type
- Multi-family
- Style
- Bungalow
- Bedrooms
- 5
- Bathrooms
- 2
- Lot Size
- 60 x 117.5 FT
- Stories
- 1
- Basement
- Finished, Full, Apartment in basement, Separate entrance, N/A, N/A, N/A
- Parking
- Attached Garage, Garage
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Exterior
- Brick, Vinyl siding
- Annual Taxes
- $4,301 (2026)
Nearby Listings Stat
Estimated price and comparable properties near 361 Prospect Avenue
Active Listings
8
Min Price
$649,000
Max Price
$799,900
Avg Price
$722,113
Days on Market
36
days
Sold Listings
9
Min Sold Price
$599,000
Max Sold Price
$849,000
Avg Sold Price
$732,754
Days until Sold
53
days
Neighbourhood Census Data
Kitchener, Ontario
Population
587
Median Age
41.8
Median Income
$27,840
Dwelling Value
$270,165
Housing Tenure
Owners 41%
Renters 59%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.2
Pop. Density: 2,455.0/km²
Avg Shelter Cost: $1,116/mo
Owners with Mortgage: 63.6%
Owners Spending 30%+: 13.6%
Tenants Spending 30%+: 46.9%
English only: 92.3%
English and French: 4.3%
Neither: 3.4%
Median Household Income: $52,352
Median Employment Income: $32,064
Price History
Listed
August 19, 2026
by EXP REALTY
Current Price
$715,000
+2.2% from last change
Type
Multi-family
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $715,000 | +$15,100 (+2.2%) |
| Aug 19, 2026 | $699,900 | Listed |
