Kitchener · Downtown/Rockway/S. Ward · Multi-family · MLS# 40817296
31 SOUTHDALE Avenue
5
bed
3,138
sqft
1960
built
Multi-family · $318/sqft
Listed April 6, 2026
About this home.
Unique investment opportunity to own a well maintained 4 plex in a prime Kitchener location, perfectly positioned for both convenience and long term appeal. Tucked just moments from the expressway and surrounded by everyday amenities, this property offers an ideal blend of accessibility and livability that tenants truly value. Inside, you will find a thoughtfully composed unit mix including two spacious 2 bedroom suites, a comfortable 1 bedroom, and a cozy bachelor, each offering its own charm and strong rental potential.Separate hydro meters for each unit. Pride of ownership is evident throughout, reflecting consistent care and attention over time. Whether you are a seasoned investor or looking to step into the multi unit market, this property offers not just solid returns, but a place in a thriving, ever growing community. Financial details attached. Your next smart investment may be waiting right here. (id:59491)
The full record.
How this listing prices against Downtown/Rockway/S. Ward.
2
Sales
$697,500
Median price
28
Days on market
94.4%
% of list
50
Active listings
N/A
Months supply
Downtown/Rockway/S. Ward had only 3 sales but 43 active listings, making it one of the softer markets in the city by supply balance. The average price was $522,000, well below the city average, and homes sold in 13 days at 97.75 percent of list, so the few successful listings moved efficiently. The challenge here is depth of demand rather than pricing on the homes that do sell. This is a neighbourhood where condos heavily shape the overall picture.
Read the full Kitchenerreport →Estimate the monthly carry.
Estimated monthly payment
$4,574
Estimate only. Excludes property tax, condo fees, and insurance.
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