$1,145,000 - 109 Eton Drive, Kitchener
Multi-Family for Sale in Kitchener
67 days on market- MLS Number
- X12989618
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 67
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Kitchener
- Listing Brokerage
- REAL BROKER ONTARIO LTD.
A remarkable investment opportunity located in the heart of the highly sought-after Rosemount neighborhood in Kitchener. This rare and meticulously maintained triplex offers an incredible turnkey solution for seasoned investors, or a perfect multi-generational living arrangement for families looking to share a roof while maintaining their own private spaces. Situated in a quiet, mature family neighborhood, this property provides the ideal balance of residential charm and urban convenience. The building is thoughtfully configured with two spacious 2-bedroom units and one bright 1-bedroom unit, ensuring a versatile rental mix that caters to a wide range of high-quality tenants. One of the standout features of this property is its exceptional location. Commuters will appreciate the incredibly close proximity to the Expressway and the Highway 7 Victoria Street ramp, allowing for effortless travel across the Region and beyond. Residents are just minutes away from local schools, parks, shopping, and downtown Kitchener's vibrant core. Beyond the units themselves, the property is designed for maximum functionality and income potential. A common coin-operated laundry area is available for residents, providing a convenient amenity while generating additional monthly revenue for the owner. Parking is never a concern here, as the deep driveway and layout provide ample space for up to 6 vehicles-a significant asset for a multi-unit dwelling in this area. Whether you are looking to bolster your investment portfolio with a solid, cash-flowing asset or seeking a strategic home that allows your extended family to live together comfortably. Properties of this caliber in the Rosemount area are seldom available; take advantage of this chance to secure a high-demand piece of real estate in one of Kitchener's most established communities. Experience the peace of mind that comes with a well-located, turnkey triplex and start building your equity today in this prime location.
Estimate your monthly payments for this property
Estimated Payment
$5,064.72/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Kitchener
Kitchener is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Kitchener
- •Convenient location in Kitchener
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Kitchener offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
109 Eton Drive, Kitchener
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $458/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 67 days on site, this property has exceeded the typical selling timeline for Kitchener. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Kitchener.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Kitchener properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,771 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.