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MLS® X13718774
Kitchener, ON
Incredible turnkey investment opportunity. A Fully Renovated Legal Duplex located in a desirable Forest Heights, Kitchener neighborhood. 4 spacious bedrooms with 2 washrooms on the Main Floor. 3 bedrooms Legal Basement apartment with separate entrance and 3 ensuite washrooms. Total living floor area of 1,892 square feet including the basement. Thousands spent on the renovations approx. $200K plus. Both units are beautifully designed with high-end finishes, including luxury vinyl flooring, appliances and separate in-suite laundries for both units on the main floor and the basement. Seeing is believing. New floors, New washrooms, New furnace, New AC, New water heater and many many more. Extended new driveway approved by the city which can accommodate 3 vehicles. The old aluminum wiring is replaced with new copper wiring in the whole house. The gas line was replaced from road to the property spent approx. $5K. New front raised concrete porch spent approx. $7K. All brick bungalow in desirable Forest Heights, Kitchener neighborhood close to all amenities, shopping, and schools. 3 season sunroom, garden shed, fenced backyard, and large single garage. Silver Aspen is a prime rental location that will always attract great tenants as it is close to all universities in waterloo. With a gross potential income of approx.$65,000/annum and minimal expenses, this property is a true wealth-builder. Main floor can be rented for $2800 and basement can also be rented for $2600. Live in one unit while renting out the basement as a mortgage helper, or maximize your portfolio with a fully leased option. Please check the attached layout plans approved by the city.
Broker
KINGSWAY REAL ESTATE
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Detached
35 Silver Aspen Crescent Kitchener
Kitchener
Type
Detached
Basement
Apartment, Separate Entrance
Parking
Attached (4)
Property Tax
~$4,504/yr
Heating
Forced Air
Buying Essentials
Square Feet
900 sqft
Facing Direction
North
Parking
Attached (4)
Finances
List Price
$875,000
Price per SQFT
$972/sqft
Property Tax
~$4,504/yr
Property Specs
Property Type
Detached
MLS Size
900 sqft
Basement
Apartment, Separate Entrance
Living & Amenities
Heating Type
Forced Air
Features
Other
Policies & Utilities
Neighbourhood
Kitchener
Listed On
Aug 27, 2026
Days on Market
Current: 72 days
Open Concept, Vinyl Floor
23.2 x 11.1
257 sqft
Open Concept, Vinyl Floor
23.2 x 11.1
257 sqft
Open Concept, Vinyl Floor
12.1 x 6.0
73 sqft
Vinyl Floor, Closet
11.5 x 10.3
118 sqft
Vinyl Floor, Closet
11.5 x 8.2
94 sqft
Vinyl Floor
11.5 x 10.0
115 sqft
Vinyl Floor
8.2 x 10.2
83 sqft
Vinyl Floor
11.1 x 12.0
133 sqft
Vinyl Floor
11.1 x 12.0
133 sqft
Vinyl Floor, Closet, 3 Pc Ensuite
10.5 x 10.0
105 sqft
Vinyl Floor, Closet, 3 Pc Ensuite
9.2 x 14.5
134 sqft
Vinyl Floor, 3 Pc Ensuite
10.8 x 7.5
81 sqft
Rooms
12
Listed Room Area
1,583 sqft
Source
Estimated from MLS room dimensions
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