263 HIGHLAND Road
Kitchener, Ontario
6 bed • 3 bath • Multi-family
Attention Investors! Don't miss out on this well maintained purpose built Triplex in the Forest Hill area of West Kitchener. Large eat in kitchens in Unit 2 & 3 were redone in 2024 and feature bright white cabinets with quartz countertops and new vinyl flooring. Upper unit has balcony access off of the kitchen. Middle unit has a balcony off the kitchen with stair access to the ground level. Roof was done in October 2023. Building equipped with zone heating and each unit has it's own thermostat. Separate hydro meters for each unit which tenants pay. Coin operated washer/dryer in common area (dryer new in 2022). Centrally located, close to transit (bus stop right in front of building), schools, shopping (Sobeys plaza right across the street) and easy access to highways. Close to trails and walking distance to Victoria Park, St Mary's Hospital (WRHN) and downtown. This is a solid building in a great location - contact your Realtor for a private showing today.
Price History
Schools
Elementary
- J F Carmichael Public School0.3 km
Public · Waterloo Region DSB · 485 students
Grade 3 reading: 72% met the provincial standard · Grade 6 math: 33% met the provincial standard
- Queensmount Public School0.7 km
Public · Waterloo Region DSB · 370 students
- St John Catholic Elementary School1.1 km
Catholic · Waterloo CDSB · 460 students
Grade 3 reading: 44% met the provincial standard · Grade 6 math: 43% met the provincial standard
Secondary
- Kitchener Waterloo Collegiate and Vocational School1.8 km
Public · Waterloo Region DSB · 1650 students
Grade 10 literacy: 88% met the provincial standard
- Forest Heights Collegiate Institute1.9 km
Public · Waterloo Region DSB · 1555 students
Grade 10 literacy: 86% met the provincial standard
- Cameron Heights Collegiate Institute2.2 km
Public · Waterloo Region DSB · 1765 students
Grade 10 literacy: 90% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N2M
- Population
- 36,494
- Private dwellings
- 16,113
- Median age
- 36.4
- Average household size
- 2.3
- Median household income
- $71,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Multi-family in Kitchener · last 12 months
- Median sold price
- $665,000
- Homes sold
- 1,923
- Median days on market
- 20
- Sale-to-list price
- 101.0%
Based on 1,923 recorded sales of multi-family properties in Kitchener over the last 12 months.
Location
Mortgage Calculator
$160,000
Estimated Monthly Payment
$3,930
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,930/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $200/mo
Estimates only. Consult a financial advisor.
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