486 Highland Road E
Kitchener (Southdale), ON N2M 3W7
- 6Bedrooms
- 3Bathrooms
- 6Parking
- 1500–2000Sq Ft
- $5,400Tax
- 63×110 ftLot Size
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About 486 Highland Road E, Kitchener, Southdale
PURPOSE BUILT TRIPLEX. 3 x 2 BEDROOM UNITS. UNIT 1 & 2 ARE VACANT, UNIT 3 IS OCCUPIED. 2 minutes (1KM) to Highway 7/8. On a bus route. 4 minutes to downtown. Fantastic investment opportunity in the heart of Kitchener! This well-maintained 3-unit building features three spacious 2-bedroom units, each with a full kitchen and 4-piece bathroom. The top two units offer private balconies that were renovated Summer of 2024, while tenants enjoy the convenience of shared coin-operated laundry. The chimney was replaced in in January 2025. Unit 3 renovated April of 2025. Each unit is rented out at $2,100 per month excluding utilities in which they pay 1/3 of the total bills every month. Ideally located with easy access to highways, parks, schools, shopping, and more. A great addition to any investor's portfolio or a perfect opportunity for multi-generational living!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $5,400
- Land Transfer Tax Fee
- $16,475
- Basement Type
- Apartment
Interior Features
- Interior Extras
- Separate Hydro Meter
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Aluminum Siding, Brick
- Roof
- Tar and Gravel
- Foundation Details
- Concrete Block
- Special Designation
- Unknown
Lot
- Lot Front
- 63.00 ft
- Lot Depth
- 110.00 ft
- Lot Size
- 0.16
Inclusions
- Inclusions
- STOVES X3 / REFRIDGERATORS X3
Exclusions
- Exclusions
- TENANTS BELONGINGS
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 6
- Parking Spaces
- 6
- Total Garage And Parking Spaces
- 6
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- None
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 6
- Washrooms
- 3
- Kitchens
- 3
- Family / bonus room
- Yes
Washrooms
- 4-piece, Main
- Municipality
- Kitchener
- Neighbourhood
- Southdale
- Main cross streets
- HOMER WATSON - HOFMAN - HIGHLAND
- Directions
- HOMER WATSON - HOFMAN - HIGHLAND
- MLS® number
- X12244397
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-08-13
- Listed on
- 2025-06-25
- Days on market
- 49 days
- Possession type
- Other
- Co-op commission
- 2
- Seller
- Listed by
- RE/MAX TWIN CITY REALTY INC.
Home Market Value
Current home valuation for 486 Highland Road E, Kitchener, Southdale, Kitchener, ON. Listed for $999,990
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 486 Highland Road E, Kitchener, Southdale
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 $499,990 over $500K
$74,999
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $37,000 | $27,900 | $23,800 | $0 |
=Total mortgage | $961,991 | $927,891 | $873,791 | $799,992 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $4,697monthly | $4,530monthly | $4,266monthly | $3,906monthly |
Land Transfer Tax
$16,475
$16,475
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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