Listed for:Listed 12 days ago
$899,000

129 River Road E

Kitchener (Heritage Park/Rosemount), ON N2B 2G7

Multiplex For Sale
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 129 River Road E, Kitchener, Heritage Park/Rosemount

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 129 River Road E, Kitchener, Heritage Park/Rosemount

Summarized Description

  • Purpose-built triplex in Rosemount for investment.
  • Two spacious 2-bedroom units with new balconies.
  • Completely renovated one-bedroom basement unit.
  • Corner lot with potential for expansion.
  • Three separately metered units for easy management.
  • Over $120,000 in recent upgrades and renovations.
  • Parking available for more than 8 vehicles.
  • Well maintained with new roof and chimney.

Solid brick a purpose-built triplex situated in the heart of Rosemount, a great investment opportunity offering tremendous income potential! This spacious property features a wide corner lot, perfect for future expansion with the possibility of adding accessory units to maximize your return on investment.Two 2 bedroom units are generously sized with brand new balconies, large kitchen and good size bedrooms, over 1000 sq ft of living space. One bedroom unit in the basement is completely renovated, including bathroom, kitchen, floors and electrical. Features three separately metered units, parking for more than 8 vehicles.Well maintained building with many upgrades and renovations, totalling over $120,000.00 recently, new shingle roof (2023), new brick chimney, upgrade to electrical panel in utility room, new sanitary mainline within building and through foundation connecting to property line, creating common area in the backyard, 3 water heaters owned (2023) and much more. Sufficient outdoor parking. Book your showing today!!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$5,132
Land Transfer Tax Fee
$14,455

Rental Items

Rental Equipment
None

Basement Type
Apartment

Interior Features

Laundry Level
Lower Level
Interior Extras
Water Heater Owned
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
2-Storey
Approx Age
51-99

Construction

Exterior Finish
Brick
Roof
Asphalt Shingle
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
125.09 ft
Lot Depth
58.15 ft

Inclusions

Inclusions
Carbon Monoxide Detector, Hot Water Tank Owned, Smoke Detector, 3 stove, 3 fridge, washer, dryer

Exclusions

Exclusions
Tenants belongings

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
8
Total Garage And Parking Spaces
8

Heating & Cooling

Heat Source
Gas
Heat Type
Radiant
Air Conditioning
None
Water
Municipal
Sewers
Sewer

Bedrooms
5
Washrooms
3
Kitchens
3

Room sizes

  • Living Room—
    Second level
  • Bedroom 2—
    Main level
  • Bathroom—
    Basement level
  • Dining Room—
    Second level
  • Bedroom—
    Basement level
  • Bedroom—
    Second level
  • Bathroom—
    Second level
  • Bedroom—
    Main level
  • Living Room—
    Basement level
  • Kitchen—
    Main level
  • Kitchen—
    Second level
  • Kitchen—
    Basement level
  • Dining Room—
    Main level
  • Living Room—
    Main level
  • Bedroom 2—
    Second level
  • Bathroom—
    Main level

Washrooms

  • 3-piece, Basement
  • 3-piece, Main
  • 3-piece, Upper

Municipality
Kitchener
Neighbourhood
Heritage Park/Rosemount
Main cross streets
Frederick St
Zoning
R2B
Directions
Frederick St and River Rd E

MLS® number
X13858748
Data source
Toronto Regional Real Estate Board
Listed on
2026-10-03
Updated on
2026-10-03
Days on market
12 days
Possession type
Flexible
Co-op commission
2.0% plus HST
Seller
Listed by
CENTURY 21 GREEN REALTY INC.

Home Market Value

Current home valuation for 129 River Road E, Kitchener, Heritage Park/Rosemount, Kitchener, ON. Listed for $899,000

HOMEH Estimate

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—

Estimated Sales Range

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HOMEH Estimate for 129 River Road E, Kitchener, Heritage Park/Rosemount

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Kitchener, ON
Minimum Down Payment Required:7.2%

5% on first $500K + 10% on $399,000 over $500K

Minimum down payment

$64,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$33,335$25,082$21,396$0
=Total mortgage
$866,708$834,182$785,546$719,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$4,232monthly$4,073monthly$3,835monthly$3,511monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$14,455

Total Land Transfer Tax

$14,455

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