
Welcome to this remarkable 2-Storey multiplex located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,049,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
An outstanding opportunity for discerning investors seeking stable income, long-term appreciation, and future potential. Ideally situated in a high-demand central location, this well-maintained fiveplex is within walking distance to the hospital, public transit, shopping, restaurants, and everyday conveniences, an unbeatable combination that continues to attract quality tenants and support strong occupancy. With long-term tenants already in place, this turnkey investment offers dependable cash flow from day one. Each unit and all common areas feature separate hydro meters, helping streamline operating costs and property management. Additional highlights include valuable amenity for both tenants and future owners. Major capital improvements have already been completed, including the flat roof (2016), windows (2015), two new screen doors (2018), and one updated unit (2018). Whether you're expanding your investment portfolio or securing a high-performing multi-family asset in a sought-after location, this is a rare opportunity to own a property that delivers reliable cash flow today while offering exciting possibilities for tomorrow. Located close to healthcare services, grocery stores, reputable schools, restaurants, scenic parks, public transit, and major commuter routes, this is a rare opportunity to acquire a high-performing multi-residential asset in a location that continues to drive tenant demand and long-term value.
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This multiplex located at 61 Wood Street, Kitchener is currently for sale and has been available for 2 days. This property is listed at $1,049,000 with an estimated mortgage of $3,492* per month. It has 8 beds, 7 bathrooms, and is 3000-3500 square feet. 61 Wood Street, Kitchener
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 8 bedrooms and 7 bathrooms, this home offers ample space and comfort for growing families in Kitchener.
Growing families needing multi-bedroom flexibility and space in Kitchener.
None listed
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No historical data available for this property.
This could be the first listing for this address.
If you are looking for a house in Kitchener or researching Kitchener real estate for sale, this 8-bedroom multiplex at 61 Wood Street, Kitchener, ON offers an exceptional opportunity to buy a home in Kitchener, Ontario. Whether you are a first-time Kitchener home buyer or comparing active Kitchener MLS® homes for sale, working with a dedicated Kitchener buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
Browse all verified Kitchener real estate listings, compare active Kitchener houses for sale, and view brand new MLS® inventory before it hits the open market.
Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Kitchener realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Estimated mortgage: $3,492*/month*. Estimated Ontario Land Transfer Tax: $17,455. First-time Kitchener home buyers may qualify for up to $8,475 in rebates.
The current listing price for 61 Wood Street, Kitchener, ON in Kitchener is $1,049,000.
This property features 8 bedrooms and 7 bathrooms across approximately 3000-3500 sqft.
61 Wood Street, Kitchener, ON is a Multiplex (2-Storey) featuring a Separate Entrance basement.
Key property features include: Golf, Hospital, Park, Public Transit, School, Fenced Yard.
Interior highlights include: Separate Hydro Meter.
Yes, this property offers parking space for 6.0 vehicles (Detached).
Heating is provided via Gas and cooling via None.
Kitchener, Kitchener
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Data-driven valuation for 61 Wood Street, Kitchener, ON N2G 2H7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Kitchener.
About Purchasing a Home in Kitchener, ON
For a property listed at $1,049,000 in Kitchener, the legal minimum down payment is $209,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $17,455 for this transaction. As this listing is in Kitchener (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $17,455.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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