58 BRANDON Avenue
Kitchener, Ontario
5 bed • 3 bath • Multi-family
Location, location, location! This turnkey triplex Airbnb investment offers excellent cash flow and is located in a highly sought-after West Kitchener neighbourhood, just minutes from Uptown Waterloo, Belmont Village, the Catalyst Building, and other key amenities. This well-maintained multi-residential property features a 2-bedroom main-floor unit, a 2-bedroom upper unit, and a 1-bedroom basement unit, along with a 2-car garage. Additional highlights include four separate hydro meters, three owned hot water tanks, and ample on-site parking. Situated on a generous 55’ x 120’ corner lot, the property provides plenty of outdoor space and excellent flexibility for tenants or short-term guests. An outstanding opportunity for experienced investors or those looking to enter the short-term rental or multi-residential investment market.
Price History
Schools
Elementary
- Westmount Public School0.3 km
Public · Waterloo Region DSB · 480 students
Grade 3 reading: 66% met the provincial standard · Grade 6 math: 38% met the provincial standard
- St John Catholic Elementary School0.7 km
Catholic · Waterloo CDSB · 460 students
Grade 3 reading: 44% met the provincial standard · Grade 6 math: 43% met the provincial standard
- Hillside Public School0.8 km
Public · Waterloo Region DSB · 285 students
Grade 3 reading: 30% met the provincial standard · Grade 6 math: 19% met the provincial standard
Secondary
- Kitchener Waterloo Collegiate and Vocational School1 km
Public · Waterloo Region DSB · 1650 students
Grade 10 literacy: 88% met the provincial standard
- Resurrection Catholic Secondary School2.5 km
Catholic · Waterloo CDSB · 1920 students
Grade 10 literacy: 90% met the provincial standard
- Forest Heights Collegiate Institute2.6 km
Public · Waterloo Region DSB · 1555 students
Grade 10 literacy: 86% 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
$219,800
Estimated Monthly Payment
$5,399
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $5,399/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $275/mo
Estimates only. Consult a financial advisor.
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