CAONKitchenerCedar HillB-61 Eby St S
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B-61 Eby St S, Kitchener, ON

Townhouse

For Sale

Listed price in listed location currency (CAD).
$429,900

421

MLS® 40816047

  • Key Facts
  • Description
  • Map

Key Facts

Type Townhouse
Levels Residential
Size 973 sqft
Garage 
Taxes $2,578
Days Active 17
Lot Size 
Approx. Age 1914
Avg. Price Per Sqft $441
MLS® Number 40816047

Property Address: b-61 Eby St S, Kitchener, ON, N2G3K9

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

Description

[ HIGHEST CAP RATE IN TOWN at 7%+ | FULLY VACANT | PRIME DOWNTOWN INVESTMENT ] Rare opportunity to acquire a fully vacant, non-conforming duplex townhouse offering the highest potential cap rate in town (7%+) and unmatched flexibility for investors or owner-occupiers. With both units vacant, you can immediately set market rents, house-hack, accommodate multigenerational living, or explore alternative uses — no tenant constraints. The upper unit features updated flooring and a clean, neutral palette. A bright living room flows into the dining area, creating a comfortable and functional living space. The kitchen offers white cabinetry, ample storage, and outdoor views. Builtin hallway cabinets and additional storage add everyday convenience. Upstairs are three well-sized bedrooms, a 4-piece bath, and access to a private balcony. The lower unit has a separate entrance, enhancing privacy and rental appeal. It includes a kitchen, family room, spacious bedroom, 4-piece bath, and additional storage — ideal for a secondary rental unit, in-law suite, or extended family use. At market rents, the property can easily generate $3, 500+/month in combined income, delivering strong cash flow. The investment performance speaks for itself, with a net profit exceeding $31, 000 in 2025, making this a true turn-key, high-yield asset. Located in the heart of Downtown Kitchener, steps to ION LRT, Kitchener Market, Victoria Park, schools, shopping, and dining — ensuring long-term demand and rent stability. Vacant. High-yield. Flexible. A standout opportunity for savvy investors looking to maximize returns from day one. Book your private showing today.
MLS® Number40816047
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1914
BasementWalk-Out Access, Full, Finished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 30, 2026List Date
$429,900List Price
Mar 31, 2026End Date
-Sold Price

Expired

Dec 10, 2025List Date
$449,000List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
61 Eby St S, Kitchener, ON

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Jay Chan

Listing Agent

Jay Chan

[email protected]
519-590-4687
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