88 WOODHAVEN Road
Kitchener, BC N2C1V1
$950,000
Property Details
Property & Lot
- Sub-type
- House
- Style
- Bungalow
- Stories
- 1
- Frontage
- 52 feet
R2
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $5,609.93
Interior
- Basement
- Finished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
- Fireplace
- None
- Appliances
- Water softener
Exterior & Lot
- Exterior features
- Brick Veneer
- Lot features
- Paved driveway, Private Yard
- Fencing
- Fence
Building
- Foundation
- Poured Concrete
- Water source
- Municipal water
- Sewer
- Municipal sewage system
Parking
- Total spaces
- 4 — covered indicated
- Features
- Detached Garage
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 3pc Bathroom | Main level | — |
| Bedroom | Main level | 10'0'' x 9'5'' |
| Living room | Main level | 13'0'' x 7'4'' |
| Kitchen | Main level | 13'0'' x 9'5'' |
| Laundry room | Basement | 8'3'' x 11'8'' |
| 4pc Bathroom | Basement | — |
| Bedroom | Basement | 12'11'' x 11'5'' |
| Bedroom | Basement | 17'3'' x 10'7'' |
| Kitchen | Basement | 24'3'' x 11'8'' |
| 5pc Bathroom | Main level | — |
| Bedroom | Main level | 11'7'' x 12'1'' |
| Bedroom | Main level | 9'3'' x 9'9'' |
| Primary Bedroom | Main level | 12'8'' x 10'2'' |
| Kitchen/Dining room | Main level | 12'8'' x 21'1'' |
| Living room | Main level | 11'7'' x 18'4'' |
Listing Information
- MLS®
- 40861923
- Listed
- September 10, 2026
- Time on market
- On the market for 4 days
- Data last synced
- September 15, 2026
Listing provided by: Chestnut Park Realty Southwestern Ontario Limited · Data source: CREA DDF.
Description
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. (id:63159)
Values & Trends
This listing
$493/sqft
Building average
—
No other active listings in this building
327 - Fairview/Kingsdale average
$449/sqft
13 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: 7.4% ($70,000) — 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.