71 Brandon Avenue, Kitchener

Price: $1,199,900

5 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Multi-Family

MLS#: X13157092

Located in the highly desirable Westmount neighbourhood, this fantastic triplex at 71 Brandon Ave offers an exceptional opportunity for investors and future homeowners alike. Situated on a large lot with excellent potential for a substantial addition or future development, this property combines strong investment value with an unbeatable location. The building features a secure main entrance, updated windows throughout, shared laundry facilities, and a brand new metal roof installed in 2025 for added peace of mind. One unit is currently vacant, providing flexibility for an owner-occupier or the opportunity to set market rent, while two long-term tenants would love to stay. Perfectly positioned within walking distance to Belmont Village and Uptown Waterloo, you'll enjoy easy access to restaurants, cafés, shopping, parks, the Iron Horse Trail, and Grand River Hospital. Whether you're looking to expand your portfolio or invest in one of Kitchener-Waterloo's most sought-after neighbourhoods, this is a rare opportunity you won't want to miss.

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$1,199,900 - 71 Brandon Avenue, Kitchener

Multi-Family for Sale in Kitchener

5Beds
3Baths
1,500 - 1,999Sq Ft
Multi-Family
Property Details
MLS Number
X13157092
Property Type
Multi-Family
Status
active
Days on Site
28
Bedrooms
5
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Kitchener
Listing Brokerage
RE/MAX TWIN CITY REALTY INC.
Description

Located in the highly desirable Westmount neighbourhood, this fantastic triplex at 71 Brandon Ave offers an exceptional opportunity for investors and future homeowners alike. Situated on a large lot with excellent potential for a substantial addition or future development, this property combines strong investment value with an unbeatable location. The building features a secure main entrance, updated windows throughout, shared laundry facilities, and a brand new metal roof installed in 2025 for added peace of mind. One unit is currently vacant, providing flexibility for an owner-occupier or the opportunity to set market rent, while two long-term tenants would love to stay. Perfectly positioned within walking distance to Belmont Village and Uptown Waterloo, you'll enjoy easy access to restaurants, cafés, shopping, parks, the Iron Horse Trail, and Grand River Hospital. Whether you're looking to expand your portfolio or invest in one of Kitchener-Waterloo's most sought-after neighbourhoods, this is a rare opportunity you won't want to miss.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,307.56/mo

$
$
5%20%50%

5-yr fixed avg.

Principal: $959,920Interest: $632,349
Mortgage Amount$959,920
Total Interest$632,349
Est. Property Tax$850/mo
Total Cost$1,592,269

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.

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Neighbourhood Guide: Kitchener

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

71 Brandon Avenue, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$850
Insurance (est.)-$250
Net Cash Flow+$2,500

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $800/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.

Market Position

At 28 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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 $5,000 (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.

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    71 Brandon Avenue, Kitchener | $1,199,900 | Battaglia Team