361 Prospect Avenue
Kitchener (Stanley Park), ON N2A 1C9
- 3+2Bedrooms
- 2Bathrooms
- 7Parking
- 1100–1500Sq Ft
- $4,301Tax
- 60×118 ftLot Size
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About 361 Prospect Avenue, Kitchener, Stanley Park
Summarized Description
- Turnkey legal duplex in desirable Kitchener location
- 3-bedroom upper unit and 2-bedroom lower unit
- Fully self-contained with separate kitchens and bathrooms
- Freshly painted and updated throughout
- Ideal for investors or multi-generational living
- 6-car asphalt driveway for ample parking
- Vacant units allow tenant selection and market rent
- Conveniently located beside Sunnyside Public School
VACANT TURNKEY LEGAL DUPLEX in a desirable Kitchener location, offering a 3-BEDROOM UPPER UNIT and 2-BEDROOM LOWER UNIT, each completely self-contained with its own kitchen, bathroom, in-suite laundry, and 100-amp hydro panel. Converted to a legal duplex in 2020, this property is ideal for investors, multi-generational living, or buyers looking to live in one unit while generating income from the other. Both units are fully vacant, giving buyers the flexibility to select their own tenants and establish current market rents. A spacious 6-car asphalt driveway, installed in 2020, provides ample parking for both units. Additional updates include a new furnace in 2025 and new garage roof in 2026. Both units have been freshly painted and refreshed, with additional recent improvements throughout. The basement is fully finished with the exception of the utility room. Located beside Sunnyside Public School, making the morning school run about as convenient as it gets! A solid opportunity to invest, accommodate extended family, or offset living costs with rental income.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $4,301
- Land Transfer Tax Fee
- $10,775
Rental Items
- Rental Equipment
- Water Heater
- Basement Type
- Finished, Full, Separate Entrance, Apartment
Interior Features
- Interior Extras
- Separate Hydro Meter
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- Bungalow
- Approx Age
- 51-99
Construction
- Exterior Finish
- Brick, Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete Block
- Special Designation
- Unknown
Lot
- Lot Front
- 60.00 ft
- Lot Depth
- 117.50 ft
Inclusions
- Inclusions
- 2 Washers, 2 Dryers, 2 Fridges, 2 Dishwashers, 2 Stoves
Parking & Garages
- Garage Type
- Attached
- Garage Spaces
- 1
- Parking Spaces
- 6
- Total Garage And Parking Spaces
- 7
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 3 + 2
- Washrooms
- 2
- Kitchens
- 2
Room sizes
- Utility Room—Lower level
- Bedroom—Main level
- Bedroom 2—Main level
- Living Room—Main level
- Bedroom 2—Lower level
- Kitchen—Lower level
- Living Room—Lower level
- Primary Bedroom—Main level
- Kitchen—Main level
- Bathroom—Lower level
- Bedroom—Lower level
- Mud Room—Main level
- Bathroom—Main level
Washrooms
- 4-piece, Main
- 4-piece, Lower
- Municipality
- Kitchener
- Neighbourhood
- Stanley Park
- Main cross streets
- Prospect Ave / Franklin St N
- Directions
- Ottawa St N to Franklin St N, east on Prospect Ave. Property is on the south side of Prospect Ave
- MLS® number
- X13691112
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-10-06
- Listed on
- 2026-08-19
- Days on market
- 48 days
- Possession type
- Immediate
- Co-op commission
- 2% +HST
- Seller
- Listed by
- eXp Realty
Home Market Value
Current home valuation for 361 Prospect Avenue, Kitchener, Stanley Park, Kitchener, ON. Listed for $715,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 361 Prospect Avenue, Kitchener, Stanley Park
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $215,000 over $500K
$46,500
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $26,712 | $19,949 | $17,017 | $0 |
=Total mortgage | $694,522 | $663,449 | $624,767 | $572,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,391monthly | $3,239monthly | $3,050monthly | $2,793monthly |
Land Transfer Tax
$10,775
$10,775
Around this home
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