Kitchener, ON N2A 1N4,35 Shaftsbury DR
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Kitchener, ON N2A 1N4,35 Shaftsbury DR
Kitchener, ON N2A 1N4,35 Shaftsbury DR
Kitchener, ON N2A 1N4,35 Shaftsbury DR
Kitchener, ON N2A 1N4,35 Shaftsbury DR

$1,010,000

Est. payment /mo

$1,079,000

6.4%
Est.Price: ?

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35 Shaftsbury DR Kitchener, ON N2A 1N4

7 Beds

3 Baths

SOLD DATE : 01/23/2026

Key Details

Sold Price $1,010,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Approx. Sqft 2000-2500

MLS Listing ID X12475532

Sold Date 01/23/26

Style 2-Storey

Bedrooms 7

Annual Tax Amount $4,786

Tax Year 2024

Property Sub-Type Duplex

Property Description

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.

Location

Province ON

County Waterloo

Area Waterloo

Zoning RES-4

Rooms

Family Room Yes

Basement Finished

Kitchen 3

Separate Den/Office 1

Interior

Interior Features Separate Hydro Meter

Cooling Wall Unit(s)

Exterior

Parking Features Private Double

Garage Spaces 2.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 65.0

Lot Depth 111.0

Total Parking Spaces 7

Building

Building Age 51-99

Foundation Concrete

Others

Senior Community Yes

ParcelsYN No

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Listed by Forest Hill Real Estate Inc.
Morgan Betts

Morgan Betts

Realtor® | License ID: 5017210

+1(613) 294-8337

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