35 SHAFTSBURY DRIVE

Kitchener, , N2A1N4, Canada

$1,079,000

FULLY VACANT 3 UNIT HOME! 6% CAP RATE PURPOSE-BUILT THREE-UNIT PROPERTY IN LACKNER WOODS! This cash-flowing gem brings in approximately $7,000 per month in rental income, offering a 6% cap rate and around $1,000 per month in positive cash flow. Featuring two spacious 3-bedroom units (1,150 sq ft each) and a bright, updated 1-bedroom lower-level unit, this property is ideal for investors or owner-occupiers looking to have their mortgage paid by tenants. Each unit has been thoughtfully updated with 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 offers a new kitchen and plenty of natural light. Each unit has separate hydro meters and its own private driveway. Additional highlights include a full 2-car garage, parking for 4 more vehicles in the main driveway, and a new 2024 driveway for 2 extra cars. Recent upgrades include a new boiler (2021), chimney liner (2021), electrical (2013), owned water heater (2022), and owned water tank (2020). Located steps from shopping, parks, schools, and amenities, this turn-key investment blends income potential, location, and modern comfort.

EXTRAS: Washer, Refrigerator, Stove, Dryer, Water Heater

Virtual Tour: https://unbranded.youriguide.com/lg8gc_35_shaftsbury_dr_kitchener_on/

Last updated on : Friday 12th of December 2025 12:16:02 AM

ADDRESS

Street : 35 SHAFTSBURY DRIVE

City : Kitchener

Country : Canada

Postal Code : N2A1N4

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PROPERTY SUMMARY

Property ID : X12475532

Building Type : Duplex

Property Type : Multi-family

Bedrooms : 6 + 1

Bathrooms : 3

Parking : 7

Parking Type: Attached Garage, Garage

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