361 PROSPECT Avenue

About this home.

Turnkey legal duplex in a desirable Kitchener location with VACANT POSSESSION as of August 1st. The property was converted to a legal duplex in 2020, creating two self-contained units ideal for investors or multi-generational living. Each unit is equipped with its own 100 amp hydro panel and in-suite laundry for added convenience. Enjoy a spacious 6-car asphalt driveway installed in 2020, offering ample parking for both units. Additional updates include a new furnace in 2025 and a new garage roof in 2026, adding long-term value and peace of mind. The basement is fully finished with the exception of the utility room. Located just 2 minutes from Sunnyside Public School, making school pick-up and drop-off quick and easy. Well-maintained and income-generating, this is a solid opportunity in a great location for those looking to invest or offset living costs with rental income. (id:59491)

The full record.

How this listing prices against Stanley Park/Centreville.

Stanley Park/Centreville recorded 9 sales and 34 active listings, so supply is running well ahead of recent deal volume. The average price was $591,483, below the city average, while homes sold in 25 days and at 97.76 percent of list, showing steady but price-conscious demand. This is another split neighbourhood, with freeholds selling at much higher price points than condos. Buyers looking here are seeing choice, especially on the condo side.

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