88 WOODHAVEN Road,Kitchener,Ontario,N2C1V1

$950,000

88 WOODHAVEN Road,Kitchener,Ontario,N2C1V1

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 propertyâ??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 todayâ??s market. (id:63658)

PROPERTY SUMMARY

MLS® #	:	40862171
Listing price	:	$950,000
Listed on	:	20-09-2026
Property subtype	:	For sale
Square footage	:	1927 sqft
Year built	:	0000
Listing office	:	Chestnut Park Realty Southwestern Ontario Limited

BEDROOM & BATHROOM

Total bedrooms	:	6 Bedrooms
Total bathrooms	:	3 Bathrooms

BUILDING

Building type	:
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Community location

Neighbourhood Highlights

• Place of Worship

  Public Transit

  Schools

  Shopping