Primary on Main
Address
88 Woodhaven Road, Kitchener, ON
Price
$ 950,000
Property Attributes
- ID#40861923
- TypeSingle Family
- Listing Status Active
- MunicipalityKitchener
- CountyREALTORS Association of Hamilton-Burlington
- CityKitchener
- AreaKitchener
- Neighborhood327 - Fairview/Kingsdale
- ZipN2C 1V1
- StyleBungalow
- Year Built1958
- Price$ 950,000
- Bedrooms4+2
- Bathrooms3
- Half Bathrooms0
- Sqr Footage1927
Data Source:
Canadian Real Estate Association (CREA)
Property 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. (id:7434)
General Features
| Features | Paved driveway, Private Yard |
|---|---|
| Community Features | Community Centre |
| Property Type | Single Family |
| Zoning Description | R2 |
| Amenities | Place of Worship, Public Transit, Schools, Shopping |
| Building Appliances | Water softener |
| Building Architectural Style | Bungalow |
| Building Cooling Type | Central air conditioning |
| Location Description | Wilson Ave to Woodhaven Rd |
| Parking Space Total | 4 |
| Foundation Type | Poured Concrete |
| Building Type | House |
| Ownership Type | Freehold |
| Building.StoriesTotal | 1 |
Interior Features
| Building Fireplace Present | False |
|---|---|
| Building Heating Type | Forced air |
| Building Heating Fuel | Natural gas |
| Basement Development | Finished |
| Basement Type | Full (Finished) |
| Construction Style Attachment | Detached |
| Living Area Range | 1927 |
| Bedrooms | 4+2 |
Exterior Features
| Structure | Shed, Porch |
|---|---|
| Land Amenities | Place of Worship, Public Transit, Schools, Shopping |
| Sewer | Municipal sewage system |
| Exterior Finish | Brick Veneer |
| Fence Type | Fence |
Room Details
| Room | Dimensions | Level | Flooring | Details |
|---|---|---|---|---|
| 3pc Bathroom | Measurements not available | Main level | ||
| 4pc Bathroom | Measurements not available | Basement | ||
| 5pc Bathroom | Measurements not available | Main level | ||
| Bedroom | 9'9'' x 9'3'' | Main level | ||
| Kitchen | 9'5'' x 13'0'' | Main level | ||
| Kitchen/Dining room | 21'1'' x 12'8'' | Main level | ||
| Laundry room | 11'8'' x 8'3'' | Basement | ||
| Living room | 18'4'' x 11'7'' | Main level | ||
| Primary Bedroom | 10'2'' x 12'8'' | Main level |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in N2C 1V1
Price
Year Built
In The Neighborhood
Golf Course
Kitchener
$ 719,900
- Type
- Single Family
- Size
- 2,426 SqFt
- Rooms
- 4 Beds + 2 Baths
Royal LePage Wolle Realty
Primary On Main
Kitchener
$ 599,000
- Type
- Single Family
- Size
- 1,469 SqFt
- Rooms
- 3 Beds + 1 Baths
Bosley Real Estate Ltd.
Golf Course
Kitchener
$ 1,975
- Type
- Single Family
- Size
- 1,100 SqFt
- Rooms
- 2 Beds + 2 Baths
RE/MAX Escarpment Realty Inc.
Kitchener
$ 540,000
- Type
- Single Family
- Size
- 1,241 SqFt
- Rooms
- 4 Beds + 3 Baths
SHAW REALTY GROUP INC.
Kitchener
$ 550,000
- Type
- Single Family
- Size
- 1,400 SqFt
- Rooms
- 3 Beds + 1 Baths
ADANA HOMES A CANADIAN REALTY INC., BROKERAGE
Primary On Main
Kitchener
$ 659,900
- Type
- Single Family
- Size
- 1,033 SqFt
- Rooms
- 4 Beds + 2 Baths
Royal LePage Wolle Realty
Primary On Main
Kitchener
$ 600,000
- Type
- Single Family
- Size
- 1,470 SqFt
- Rooms
- 3 Beds + 1 Baths
RE/MAX REAL ESTATE CENTRE INC.
Kitchener
$ 699,000
- Type
- Single Family
- Size
- 1,745 SqFt
- Rooms
- 5 Beds + 2 Baths
SOLID STATE REALTY INC.
Golf Course
Kitchener
$ 2,200
- Type
- Single Family
- Size
- 1,000 SqFt
- Rooms
- 2 Beds + 1 Baths
CENTURY 21 GREEN REALTY INC
Kitchener
$ 649,900
- Type
- Single Family
- Size
- 1,334 SqFt
- Rooms
- 4 Beds + 2 Baths
RE/MAX TWIN CITY REALTY INC.
Primary On Main
Kitchener
$ 819,999
- Type
- Single Family
- Size
- 1,953 SqFt
- Rooms
- 6 Beds + 2 Baths
HOMELIFE MIRACLE REALTY LTD
Kitchener
$ 2,650
- Type
- Single Family
- Size
- 1,367 SqFt
- Rooms
- 4 Beds + 2 Baths
Real Broker Ontario Ltd.
Primary On Main
Kitchener
$ 2,650
- Type
- Single Family
- Size
- 1,590 SqFt
- Rooms
- 3 Beds + 2.5 Baths
RE/MAX REAL ESTATE CENTRE INC.
