361 PROSPECT Avenue
Kitchener, BC N2A1C9
$715,000
Property Details
Property & Lot
- Sub-type
- House
- Style
- Bungalow
- Stories
- 1
- Frontage
- 60 feet
R2B
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $4,301
Interior
- Basement
- Finished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
- Fireplace
- None
Exterior & Lot
- Exterior features
- Brick, Vinyl siding
- Lot features
- Corner Site, Paved driveway
- Fencing
- Partially fenced
Building
- Water source
- Municipal water
- Sewer
- Municipal sewage system
Parking
- Total spaces
- 7 — covered indicated
- Features
- Attached Garage
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 4pc Bathroom | Lower level | — |
| Bedroom | Lower level | 11'8'' x 9'0'' |
| Bedroom | Lower level | 13'5'' x 8'9'' |
| Living room | Lower level | 10'10'' x 16'7'' |
| Kitchen | Lower level | 10'4'' x 12'10'' |
| Mud room | Main level | 4'0'' x 13'2'' |
| 4pc Bathroom | Main level | — |
| Bedroom | Main level | 9'3'' x 10'1'' |
| Bedroom | Main level | 11'4'' x 10'1'' |
| Primary Bedroom | Main level | 11'5'' x 13'2'' |
| Living room | Main level | 11'6'' x 16'6'' |
| Kitchen | Main level | 19'1'' x 12'8'' |
Listing Information
- MLS®
- 40856832
- Listed
- August 19, 2026
- Time on market
- On the market for 26 days
- Data last synced
- September 15, 2026
Listing provided by: eXp Realty, Brokerage · Data source: CREA DDF.
Description
VACANT TURNKEY LEGAL DUPLEX in a desirable Kitchener location, offering a 3-BEDROOM UPPER UNIT and 2-BEDROOM LOWER UNIT, each completely self-contained with its own kitchen, bathroom, in-suite laundry, and 100-amp hydro panel. Converted to a legal duplex in 2020, this property is ideal for investors, multi-generational living, or buyers looking to live in one unit while generating income from the other. Both units are fully vacant, giving buyers the flexibility to select their own tenants and establish current market rents. A spacious 6-car asphalt driveway, installed in 2020, provides ample parking for both units. Additional updates include a new furnace in 2025 and new garage roof in 2026. Both units have been freshly painted and refreshed, with additional recent improvements throughout. The basement is fully finished with the exception of the utility room. Located beside Sunnyside Public School, making the morning school run about as convenient as it gets! A solid opportunity to invest, accommodate extended family, or offset living costs with rental income. (id:63159)
Values & Trends
This listing
$383/sqft
Building average
—
No other active listings in this building
226 - Stanley Park/Centreville average
$395/sqft
15 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
Nearest station: Guelph
13°C
—
Humidity 88%
Wind SE 2 km/h
Today
23°
Tonight
17°
Wednesday
26°
Wednesday night
12°
Thursday
25°
Thursday night
13°
Source: Environment and Climate Change Canada.
Nearby Schools
No schools found within a reasonable distance of this property.
Nearby Transit
No TransLink stops within an ~10-minute walk.
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Mortgage & Ownership Cost Calculator
Minimum required: 6.5% ($46,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.





