B - 61 EBY STREET S Kitchener

B - 61 EBY STREET S, Kitchener, Ontario

$429,900

  • 4 Beds
  • 2 Baths

[ HIGHEST CAP RATE IN TOWN at 7%+ | FULLY VACANT | PRIME DOWNTOWN INVESTMENT ] Rare opportunity to acquire a fully vacant, non-conforming duplex townhouse offering the highest potential cap rate in town (7%+) and unmatched flexibility for investors or owner-occupiers. With both units vacant, you can immediately set market rents, house-hack, accommodate multigenerational living, or explore alternative uses - no tenant constraints. The upper unit features updated flooring and a clean, neutral palette. A bright living room flows into the dining area, creating a comfortable and functional living space. The kitchen offers white cabinetry, ample storage, and outdoor views. Builtin hallway cabinets and additional storage add everyday convenience. Upstairs are three well-sized bedrooms, a 4-piece bath, and access to a private balcony. The lower unit has a separate entrance, enhancing privacy and rental appeal. It includes a kitchen, family room, spacious bedroom, 4-piece bath, and additional storage - ideal for a secondary rental unit, in-law suite, or extended family use. At market rents, the property can easily generate $3,500+/month in combined income, delivering strong cash flow. The investment performance speaks for itself, with a net profit exceeding $31,000 in 2025, making this a true turn-key, high-yield asset. Located in the heart of Downtown Kitchener, steps to ION LRT, Kitchener Market, Victoria Park, schools, shopping, and dining - ensuring long-term demand and rent stability. Vacant. High-yield. Flexible. A standout opportunity for savvy investors looking to maximize returns from day one. Book your private showing today. (id:50212)

  • Listing ID: X13006288
  • Property Type: Single Family

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Rooms

LevelTypeDimensions
Bedroom 2 Second level 3.33 m x 2.46 m
Bedroom 3 Second level 2.61 m x 3.4 m
Primary Bedroom Second level 3.58 m x 2.72 m
Bedroom 4 Basement 2.37 m x 3.27 m
Family room Basement 2.39 m x 3.05 m
Kitchen Basement 3.48 m x 3.09 m
Utility room Basement 1.77 m x 2.05 m
Dining room Main level 3.34 m x 3.35 m
Kitchen Main level 2.55 m x 2.46 m
Living room Main level 3.73 m x 3.25 m

Details

  • Amenities Nearby: Place of Worship, Park, Schools
  • Ownership: Freehold
  • Parking Spaces: 1
  • Transaction: For sale
  • Zoning Description: R2

Building

  • Appliances: Water Heater, Hood Fan, Stove, Window Coverings, Refrigerator
  • BasementType: Full (Finished)
  • Basement Development: Finished
  • Basement Features: Walk out
  • Bedrooms Main Level: 3
  • Bedrooms Lower Level: 1
  • Construction Style Attachment: Attached
  • Cooling: None
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Foundation: Unknown
  • Bathrooms (Total): 2
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 700 - 1100 sqft
  • Stories Total: 2
  • Type: Row / Townhouse
  • Utility Water: Municipal water

Land

  • Amenities: Place of Worship, Park, Schools
  • Sewer: Sanitary sewer
  • Size Frontage: 20 ft ,8 in
  • Size Irregular: 20.7 x 70.5 FT
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at B - 61 EBY STREET S in Kitchener Ontario. It was last modified on April 16th, 2026. Contact The TanTeam to schedule a viewing or to discover other Kitchener homes for sale.

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