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35 Hillsborough Crescent, Kitchener, ON N2E1J5

$699,9004Beds 2Baths 700Sqft

Property Overview

  • Row / Townhouse Home Type
  • Duplex Building Type
  • 4066 Sqft Lot Size
  • NoneCommunity
  • 4 Beds
  • 2 Full Baths
  • Air Conditioning (Central) Cooling
  • 0 Half Baths
  • 5 Parking Space(s)
  • Property Taxes
  • 94 days Days on Market
  • X13202190 MLS® #
  • $1,000 Price / Sqft
  • Bungalow Style
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Description

An exceptional turnkey investment opportunity in a prime Kitchener location. This fully leased legal duplex offers immediate, stable cash flow with a spacious 3-bedroom upper unit rented for $2,350/month plus 70% of utilities and a self-contained 1-bedroom lower suite rented for $1,400/month plus 30% of utilities, generating $3,750 in total monthly rental income. Both units are occupied with approximately one year remaining on their leases, providing investors with reliable income from day one. The property has been well maintained and features numerous recent updates, including a brand new furnace (2026), roof shingles replaced in 2021, fresh paint throughout, updated bathrooms, new flooring in the lower unit, and other thoughtful improvements that minimize future capital expenses. Separate laundry for each unit offers added convenience and privacy for tenants, while the oversized backyard and prime location just minutes from Sunrise Plaza, Highway 7/8, schools, parks, trails, shopping, and everyday amenities further enhance its long-term appeal. Whether you're looking to expand your portfolio or secure a low-maintenance, income-producing asset with quality tenants already in place, this legal duplex is an outstanding investment opportunity.

Interior Details

See Home Description
See Home Description
Air Conditioning (Central)
0
None
Part

Exterior Details

Brick
1
See Home Description
Asphalt Shingles
Concrete

More Information

Property

None
See Home Description

Parking

Yes
5
No Garage

Utilities

Municipal / City

Data is supplied by the Toronto Regional Real Estate Board (TRREB) MLS® System. TRREB is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Data was last updated Friday, August 28, 2026, 2:29:46 PM UTC.