Listed for:Listed Sep 10, 2026
$950,000

88 Woodhaven Drive

Kitchener (Vanier - Kitchener), ON N2C 1V1

Multiplex For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 88 Woodhaven Drive, Kitchener, Vanier - Kitchener

No listing history available

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About 88 Woodhaven Drive, Kitchener, Vanier - Kitchener

Summarized Description

  • Rare opportunity with three legal units for flexibility.
  • Fully self-contained two-bedroom suite for rental income.
  • Detached one-bedroom unit offers privacy for guests.
  • Open-concept living area filled with natural light.
  • Generous outdoor space in a fully fenced backyard.
  • Recent updates include new flooring and electrical service.
  • Located on a quiet street near schools and transit.
  • Projected rental income supports significant living expense offset.

A RARE OPPORTUNITY TO OWN A PROPERTY FEATURING THREE LEGAL UNITS in a friendly, established neighbourhood. Whether you're looking for the perfect multi-generational setup, a mortgage helper, or a turnkey investment, this versatile property offers exceptional flexibility. The main level features a bright, open-concept living and dining area filled with natural light, three generously sized bedrooms, and a full bathroom, creating a comfortable space to call home. The finished lower level is a fully self-contained two-bedroom suite complete with its own kitchen, offering privacy and independence for extended family or rental income. Adding even more value is the detached legal one-bedroom accessory dwelling unit, complete with its own kitchen, bathroom, and in-suite laundry, providing a completely separate living space for family, guests, or tenants. Situated on one of the larger lots in the neighbourhood, measuring approximately 52' x 109', the fully fenced backyard offers generous outdoor space for everyone to enjoy. Ideally located on a quiet street close to schools, parks, shopping, public transit, the ION LRT, and major highways, convenience is right at your doorstep. Recent updates include new flooring throughout, custom built-in cabinetry, a 200-amp electrical service, and an on-demand water heater (2021). Live in the spacious main unit while the two additional legal units help offset a significant portion of your monthly living expenses, create an ideal multi-generational living arrangement where everyone can enjoy their own private space, or take advantage of the property's full investment potential with projected rental income of approximately $5,600 per month ($67,200 annually). Vendor Take-Back financing is available with a minimum 30% down payment, providing additional flexibility for qualified buyers. With a projected cap rate of over 6%, this is a rare opportunity for both owner-occupiers and investors in today's market.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$5,610
Land Transfer Tax Fee
$15,475

Basement Type
Apartment, Separate Entrance, Full

Interior Features

Interior Extras
Accessory Apartment, Carpet Free, Guest Accommodations, In-Law Capability, In-Law Suite, Primary Bedroom - Main Floor
View
City
Security Features
Monitored
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None
Property Features
Fenced Yard, Library, Place Of Worship, Rec./Commun.Centre, Public Transit
Other Structures
Fence - Full, Shed, Aux Residences

Building

Building Type
Multiplex
Building Style
Bungalow
Approx Age
51-99

Construction

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

Lot

Lot Front
52.20 ft
Lot Depth
109.50 ft

Inclusions

Inclusions
All appliances x3- fridge x3, stove x3, dishwasher x3, washing machine x3, dryer x3

Exclusions

Exclusions
None

Parking & Garages

Garage Type
Detached
Garage Spaces
0
Parking Spaces
4
Total Garage And Parking Spaces
4

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
4 + 2
Washrooms
3
Kitchens
3

Washrooms

  • 5-piece, Main
  • 4-piece, Basement
  • 3-piece, Main

Municipality
Kitchener
Neighbourhood
Vanier - Kitchener
Main cross streets
Wilson Ave
Zoning
RES 2
Directions
Wilson Ave to Woodhaven Rd

MLS® number
X13768322
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-10
Updated on
2026-09-10
Days on market
35 days
Possession type
Flexible
Co-op commission
2% + HST
Seller
Listed by
CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD

Home Market Value

Current home valuation for 88 Woodhaven Drive, Kitchener, Vanier - Kitchener, Kitchener, ON. Listed for $950,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 88 Woodhaven Drive, Kitchener, Vanier - Kitchener

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

Insufficient Data
See the full analysisFree Every recent nearby sale behind this number

Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Kitchener, ON
Minimum Down Payment Required:7.4%

5% on first $500K + 10% on $450,000 over $500K

Minimum down payment

$70,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$35,188$26,505$22,610$0
=Total mortgage
$914,888$881,505$830,110$760,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$4,467monthly$4,304monthly$4,053monthly$3,711monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$15,475

Total Land Transfer Tax

$15,475

Around this home

5/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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