35 Shaftsbury Drive
Kitchener, ON N2A 1N4
- 6+1Bedrooms
- 3Bathrooms
- 7Parking
- 2000–2500Sq Ft
- $4,786Tax
- 65×111 ftLot Size
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About 35 Shaftsbury Drive, Kitchener
FULLY VACANT 3 UNIT HOME! 6% CAP RATE PURPOSE-BUILT THREE-UNIT PROPERTY IN LACKNER WOODS! This cash-flowing gem brings in approximately $7,000 per month in rental income, offering a 6% cap rate and around $1,000 per month in positive cash flow. Featuring two spacious 3-bedroom units (1,150 sq ft each) and a bright, updated 1-bedroom lower-level unit, this property is ideal for investors or owner-occupiers looking to have their mortgage paid by tenants. Each unit has been thoughtfully updated with granite countertops, open-concept layouts, vinyl flooring, and access to outdoor spaces including private balconies, a private patio, and a shared backyard. The basement unit offers a new kitchen and plenty of natural light. Each unit has separate hydro meters and its own private driveway. Additional highlights include a full 2-car garage, parking for 4 more vehicles in the main driveway, and a new 2024 driveway for 2 extra cars. Recent upgrades include a new boiler (2021), chimney liner (2021), electrical (2013), owned water heater (2022), and owned water tank (2020). Located steps from shopping, parks, schools, and amenities, this turn-key investment blends income potential, location, and modern comfort.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $4,786
- Land Transfer Tax Fee
- $18,055
- Basement Type
- Finished
Interior Features
- Interior Extras
- Separate Hydro Meter
- 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
- 65.00 ft
- Lot Depth
- 111.00 ft
Inclusions
- Inclusions
- 3 Fridge, 3 Stove, Washer, Dryer, Hot Water Tank Owned
Exclusions
- Exclusions
- Tenants Belongings
Parking & Garages
- Garage Type
- Attached
- Garage Spaces
- 2
- Parking Spaces
- 5
- Total Garage And Parking Spaces
- 7
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Radiant
- Air Conditioning
- Wall Unit(s)
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 6 + 1
- Washrooms
- 3
- Kitchens
- 3
- Family / bonus room
- Yes
Room sizes
- Bedroom—Second level
- Primary Bedroom—Second level
- Bedroom 2—Second level
- Bathroom—Second level, 4 Pc Bath
- Kitchen—Second level
- Living Room—Second level
- Dining Room—Second level
- Bedroom—Main level
- Primary Bedroom—Main level
- Bedroom 2—Main level
- Bathroom—Main level, 4 Pc Bath
- Kitchen—Main level
- Dining Room—Main level
- Living Room—Main level
- Bedroom—Basement level
- Kitchen—Basement level
- Bathroom—Basement level, 3 Pc Bath
- Utility Room—Basement level
Washrooms
- 4-piece, Second
- 4-piece, Main
- 3-piece, Basement
- Municipality
- Kitchener
- Main cross streets
- Ottawa to Shaftsbury
- Zoning
- RES-4
- Directions
- Ottawa to Shaftsbury
- MLS® number
- X12475532
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-01-23
- Listed on
- 2025-10-22
- Days on market
- 93 days
- Possession type
- Flexible
- Co-op commission
- 2%+hst
- Seller
- Listed by
- FOREST HILL REAL ESTATE INC.
Home Market Value
Current home valuation for 35 Shaftsbury Drive, Kitchener, , . Listed for $1,079,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 35 Shaftsbury Drive, Kitchener
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
5% on first $500K + 10% on $579,000 over $500K
$82,900
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $39,837 | $30,104 | $25,680 | $0 |
=Total mortgage | $1,035,754 | $1,001,204 | $942,830 | $863,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $5,057monthly | $4,888monthly | $4,603monthly | $4,215monthly |
Land Transfer Tax
$18,055
$18,055
Around this home
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