35 Hillsborough Crescent

ActiveKitchener71 days on marketMLS® X13202190
$699,900
$1,000 / sq ft
Bedrooms4
Bathrooms2
Interior700 sq ft
TypeMulti-Family
ListingFor Sale
Days on Market71

About this property

An exceptional turnkey investment opportunity in a prime Kitchener location. This fully leased legal duplex offers immediate, stable cash flow with a spacious 3-bedroom upper unit rented for $2,350/month plus 70% of utilities and a self-contained 1-bedroom lower suite rented for $1,400/month plus 30% of utilities, generating $3,750 in total monthly rental income. Both units are occupied with approximately one year remaining on their leases, providing investors with reliable income from day one. The property has been well maintained and features numerous recent updates, including a brand new furnace (2026), roof shingles replaced in 2021, fresh paint throughout, updated bathrooms, new flooring in the lower unit, and other thoughtful improvements that minimize future capital expenses. Separate laundry for each unit offers added convenience and privacy for tenants, while the oversized backyard and prime location just minutes from Sunrise Plaza, Highway 7/8, schools, parks, trails, shopping, and everyday amenities further enhance its long-term appeal. Whether you're looking to expand your portfolio or secure a low-maintenance, income-producing asset with quality tenants already in place, this legal duplex is an outstanding investment opportunity.

Features & finishes

View
Fireplace
Air Conditioning
Basement

Property details

MLS® NumberX13202190
StatusActive
Listing TypeFor Sale
Property TypeMulti-Family
Interior Size700 sq ft
Beds / Baths4 bed · 2 bath
CityKitchener
Postal CodeN2E 1J5
ProvinceON
Listed DateMay 27, 2026
Days on Market71
Price per Sq Ft$1,000
BrokerageEXP REALTY

Location

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Listed by EXP REALTY