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CAONKitchenerStanley Park35 Shaftsbury Dr
35 Shaftsbury Dr, Home with 7 bedrooms, 3 bathrooms and 5 parking in Kitchener ON | Image 1
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$1,199,900

35 Shaftsbury Dr, Kitchener, ON

Real Estate

For Sale

$--,---,---
735
  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Duplex
Levels Residential
Size -
Garage Yes
Taxes $4,786
Days Active 2
Lot Size 
Approx. Age 
MLS® Number X12223147

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

6% CAP RATE! PURPOSE-BUILT THREE-UNIT property located in the sought-after Lackner Woods neighbourhood of Kitchener. This cash-flowing gem brings in $7, 000 per month in rental income, offering a 6% cap rate and approximately $1, 000/month in positive cash flow! Featuring two massive 3-bedroom units at 1, 150 sq ft each, and a bright, updated 1-bedroom lower-level unit, this property is ideal for both investors or owner-occupiers looking to have their mortgage paid by tenants. Each unit is thoughtfully updated and includes new granite countertops, open-concept layouts, vinyl flooring, and access to outdoor spaces including private balconies, a private patio, and a shared backyard. The basement unit has a new kitchen and plenty of natural light. Tenants pay all utilities including hydro, and each unit has separate hydro meters along with its own driveway for private parking. The property also boasts a full 2-car garage, parking for 4 more vehicles in the main driveway, plus a brand-new driveway (2024) for an additional 2 cars. Recent upgrades include a new boiler (2021), chimney liner (2021), electrical (2013), owned water heater (2022), and owned water tank (2020). This turn-key investment property is walking distance to shopping, parks, schools, and amenities making it the perfect blend of location, income, and lifestyle.Show Description
MLS® NumberX12223147
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age
BasementFinished
DrivewayGarage Type:Attached
Garage Spaces
HeatGas, Radiant
A/CWall Unit(s)
Heating Fuel

Extras

Rooms

Show Details
Utility Room:Basement7.71 × 13.39 ft

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