35 Shaftsbury Drive, Kitchener, Ontario N2A 1N4 (28473503)

35 Shaftsbury Drive Kitchener, Ontario N2A 1N4

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$1,199,900

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6% CAP RATE! PURPOSE-BUILT THREE-UNIT property located in the sought-after Lackner Woods neighbourhood of Kitchener. This cash-flowing gem brings in $7,000 per month in rental income, offering a 6% cap rate and approximately $1,000/month in positive cash flow! Featuring two massive 3-bedroom units at 1,150 sq ft each, and a bright, updated 1-bedroom lower-level unit, this property is ideal for both investors or owner-occupiers looking to have their mortgage paid by tenants. Each unit is thoughtfully updated and includes new granite countertops, open-concept layouts, vinyl flooring, and access to outdoor spaces including private balconies, a private patio, and a shared backyard. The basement unit has a new kitchen and plenty of natural light. Tenants pay all utilities including hydro, and each unit has separate hydro meters along with its own driveway for private parking. The property also boasts a full 2-car garage, parking for 4 more vehicles in the main driveway, plus a brand-new driveway (2024) for an additional 2 cars. Recent upgrades include a new boiler (2021), chimney liner (2021), electrical (2013), owned water heater (2022), and owned water tank (2020). This turn-key investment property is walking distance to shopping, parks, schools, and amenities making it the perfect blend of location, income, and lifestyle. (id:49605)

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Property Details

Price	$1,199,900
Bedroom(s)	7
Bathroom(s)	3
Property Type	Multi-family

35 Shaftsbury Drive Kitchener, Ontario N2A 1N4

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Last Updated
June 16 2025 04:02:39

Data Provider
The Lakelands Association of REALTORS®

Listing Office
Forest Hill Real Estate Inc.

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Property Details

Price

$1,199,900

Bedroom(s)

Bathroom(s)

Property Type

Multi-family

Building

Bathroom Total

Bedrooms Above Ground

Bedrooms Below Ground

Bedrooms Total

Age

51 To 99 Years

Amenities

Separate Electricity Meters

Appliances

Dryer, Water Heater, Stove, Washer, Refrigerator

Basement Development

Finished

Basement Type

N/a (finished)

Cooling Type

Wall Unit

Exterior Finish

Brick

Foundation Type

Concrete

Heating Fuel

Natural Gas

Heating Type

Radiant Heat

Stories Total

Size Interior

2,000 - 2,500 Ft²

Type

Duplex

Utility Water

Municipal Water

Parking

Attached Garage

Garage

Land

Acreage

Sewer

Sanitary Sewer

Size Depth

111 Ft

Size Frontage

65 Ft

Size Irregular

65 X 111 Ft

Size Total Text

65 X 111 Ft|under 1/2 Acre

Zoning Description

Res-4

Rooms

Level	Type	Length	Width	Dimensions
Second Level	Bedroom	2.88 m	4.24 m	2.88 m x 4.24 m
Second Level	Primary Bedroom	4.57 m	2.89 m	4.57 m x 2.89 m
Second Level	Bedroom 2	3.52 m	2.63 m	3.52 m x 2.63 m
Second Level	Bathroom	2.84 m	1.98 m	2.84 m x 1.98 m
Second Level	Kitchen	2.86 m	2.36 m	2.86 m x 2.36 m
Second Level	Living Room	3.48 m	4.69 m	3.48 m x 4.69 m
Second Level	Dining Room	3.96 m	3.74 m	3.96 m x 3.74 m
Basement	Bedroom	3.37 m	5.56 m	3.37 m x 5.56 m
Basement	Kitchen	3.92 m	2.1 m	3.92 m x 2.1 m
Basement	Bathroom	3 m	3 m	3 m x 3 m
Basement	Utility Room	4.08 m	2.35 m	4.08 m x 2.35 m
Main Level	Bathroom	2.86 m	1.97 m	2.86 m x 1.97 m
Main Level	Kitchen	2.86 m	2.38 m	2.86 m x 2.38 m
Main Level	Dining Room	2.97 m	3.72 m	2.97 m x 3.72 m
Main Level	Living Room	3.34 m	4.65 m	3.34 m x 4.65 m
Main Level	Bedroom	2.86 m	4.2 m	2.86 m x 4.2 m
Main Level	Primary Bedroom	4.48 m	2.86 m	4.48 m x 2.86 m
Main Level	Bedroom 2	3.4 m	2.71 m	3.4 m x 2.71 m

Level

Type

Length

Width

Dimensions

Second Level

Bedroom

2.88 m

4.24 m

2.88 m x 4.24 m

Second Level

Primary Bedroom

4.57 m

2.89 m

4.57 m x 2.89 m

Second Level

Bedroom 2

3.52 m

2.63 m

3.52 m x 2.63 m

Second Level

Bathroom

2.84 m

1.98 m

2.84 m x 1.98 m

Second Level

Kitchen

2.86 m

2.36 m

2.86 m x 2.36 m

Second Level

Living Room

3.48 m

4.69 m

3.48 m x 4.69 m

Second Level

Dining Room

3.96 m

3.74 m

3.96 m x 3.74 m

Basement

Bedroom

3.37 m

5.56 m

3.37 m x 5.56 m

Basement

Kitchen

3.92 m

2.1 m

3.92 m x 2.1 m

Basement

Bathroom

3 m

3 m x 3 m

Basement

Utility Room

4.08 m

2.35 m

4.08 m x 2.35 m

Main Level

Bathroom

2.86 m

1.97 m

2.86 m x 1.97 m

Main Level

Kitchen

2.86 m

2.38 m

2.86 m x 2.38 m

Main Level

Dining Room

2.97 m

3.72 m

2.97 m x 3.72 m

Main Level

Living Room

3.34 m

4.65 m

3.34 m x 4.65 m

Main Level

Bedroom

2.86 m

4.2 m

2.86 m x 4.2 m

Main Level

Primary Bedroom

4.48 m

2.86 m

4.48 m x 2.86 m

Main Level

Bedroom 2

3.4 m

2.71 m

3.4 m x 2.71 m

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