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35 SHAFTSBURY DRIVE Kitchener

35 SHAFTSBURY DRIVE, Kitchener

$1,099,000

  • 7
  • 3
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. Tenants pay all utilities, and 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. (id:45839)
  • Listing ID: X12475532
  • Property Type: Multi-family
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Rooms

LevelTypeDimensions
Second LevelBedroom2.88 m x 4.24 m
Second LevelPrimary Bedroom4.57 m x 2.89 m
Second LevelBedroom 23.52 m x 2.63 m
Second LevelBathroom2.84 m x 1.98 m
Second LevelKitchen2.86 m x 2.36 m
Second LevelLiving Room3.48 m x 4.69 m
Second LevelDining Room3.96 m x 3.74 m
BasementBedroom3.37 m x 5.56 m
BasementKitchen3.92 m x 2.1 m
BasementBathroom3 m x 3 m
BasementUtility Room4.08 m x 2.35 m
Main LevelBathroom2.86 m x 1.97 m
Main LevelKitchen2.86 m x 2.38 m
Main LevelDining Room2.97 m x 3.72 m
Main LevelLiving Room3.34 m x 4.65 m
Main LevelBedroom2.86 m x 4.2 m
Main LevelPrimary Bedroom4.48 m x 2.86 m
Main LevelBedroom 23.4 m x 2.71 m

Details

  • Parking Spaces: 7
  • Transaction: For sale
  • Zoning Description: RES-4

Building

  • Amenities: Separate Electricity Meters
  • Appliances: Dryer, Water Heater, Stove, Washer, Refrigerator
  • BasementType: N/A (Finished)
  • Basement Development: Finished
  • Bedrooms Main Level: 6
  • Bedrooms Lower Level: 1
  • Cooling: Wall unit
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Foundation: Concrete
  • Bathrooms (Total): 3
  • Size Interior: 2000 - 2500 sqft
  • Stories Total: 2
  • Type: Duplex
  • Utility Water: Municipal water

Land

  • Sewer: Sanitary sewer
  • Size Depth: 111 ft
  • Size Frontage: 65 ft
  • Size Irregular: 65 x 111 FT

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    This property for sale is located at 35 SHAFTSBURY DRIVE in Kitchener. It was last modified on October 22nd, 2025. Contact Christine Smith to schedule a viewing or to discover other Kitchener properties for sale.

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