NewFor Sale

88 Woodhaven Drive
Kitchener, Waterloo, ON, N2C 1V1

Triplex
TRREB
MLS® Number: X13768322
Estimated Value
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$950,000List Price
4+2Bedrooms
3Bathrooms
0Garages
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Listing History

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Current valuation for 88 Woodhaven Drive, Kitchener, ON N2C 1V1. Listed for $950,000 on 2026-11-02

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Description

A RARE OPPORTUNITY TO OWN A PROPERTY FEATURING THREE LEGAL UNITS in a friendly, established neighbourhood. Whether you're looking for the perfect multi-generational setup, a mortgage helper, or a turnkey investment, this versatile property offers exceptional flexibility. The main level features a bright, open-concept living and dining area filled with natural light, three generously sized bedrooms, and a full bathroom, creating a comfortable space to call home. The finished lower level is a fully self-contained two-bedroom suite complete with its own kitchen, offering privacy and independence for extended family or rental income. Adding even more value is the detached legal one-bedroom accessory dwelling unit, complete with its own kitchen, bathroom, and in-suite laundry, providing a completely separate living space for family, guests, or tenants. Situated on one of the larger lots in the neighbourhood, measuring approximately 52' x 109', the fully fenced backyard offers generous outdoor space for everyone to enjoy. Ideally located on a quiet street close to schools, parks, shopping, public transit, the ION LRT, and major highways, convenience is right at your doorstep. Recent updates include new flooring throughout, custom built-in cabinetry, a 200-amp electrical service, and an on-demand water heater (2021). Live in the spacious main unit while the two additional legal units help offset a significant portion of your monthly living expenses, create an ideal multi-generational living arrangement where everyone can enjoy their own private space, or take advantage of the property's full investment potential with projected rental income of approximately $5,600 per month ($67,200 annually). Vendor Take-Back financing is available with a minimum 30% down payment, providing additional flexibility for qualified buyers. With a projected cap rate of over 6%, this is a rare opportunity for both owner-occupiers and investors in today's market.

Features

Fenced YardLibraryPlace Of WorshipRec./Commun.CentrePublic Transit

Amenities

No amenities available

Summary

Tax:$5,609.93 / 2026
Listing #:X13768322
Property Type:Triplex, Bungalow
Building Age:51-99
Size:700-1100 feet²
Land Size:52.2 x 109.5
Days on CPRB:
Garage:Detached
Locker:None
On CPRB Since:
Listing Brokerage:CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD

Rooms

Details

Property

Property Type:Triplex
Style:Bungalow
Municipality:Waterloo

Building

Size:700-1100 feet²
Building Age:51-99
Construction:Brick

Inside

Bedrooms:4+2
Bedrooms Above Grade:4
Bathrooms:3
Bathrooms Detail:1, 5pc Main floor
Bathrooms Detail:1, 4pc Basement floor
Bathrooms Detail:1, 3pc Main floor
Kitchens:3
Family Room:No
Appliances Included:Accessory Apartment, Carpet Free, Guest Accommodations, In-Law Capability, In-Law Suite, Primary Bedroom - Main Floor
Basement:Apartment, Separate Entrance, Full

Parking

Driveway:Private Double
Garage Type:Detached
Garage Spaces:0
Total Parking Spaces:4

Utilities

Cooling:Central Air
Heating Type:Forced Air
Heating Fuel:Gas
Utility Sewer:Sewer

Land

Cross Street:Wilson Ave

$950,000

List price

88 Woodhaven Drive, Kitchener – 4+2 bed Triplex for sale · MLS® # X13768322