561 THOMAS SLEE Drive
Kitchener, Ontario
4 bed • 3 bath • Single Family
Investment Opportunity! Fully Leased Legal Duplex with walkout basement in the sought-after community of Doon South. Just minutes to Hwy 401, Conestoga College, highly rated elementary schools, on a bus route. This upgraded 2-storey detached home with spacious backyard sits on a premium 43’ wide lot and offers a 3-bedroom upper unit plus a fully finished legal 1-bedroom walkout basement apartment with separate entrance and it's own patio. The main level features an impressive two-storey great room with soaring ceilings and bamboo hardwood flooring. The open-concept kitchen and dining area includes new quartz countertops, large island with breakfast bar, stainless steel appliances, ample cabinetry with wood moulding and under/over cabinet lighting. Upstairs offers three generous bedrooms. The primary suite features a vaulted ceiling, custom blinds, custom walk-in closet, and cheater ensuite with new quartz countertops. South facing backyard with a 500+ sq. ft. deck (composite decking with glass railings) overlooking a fully fenced, backyard with shed. The yard has great potential for an Additional Dwelling Unit, offering even greater income possibilities. The legal walkout basement apartment includes a private entrance, full kitchen with newer cabinetry, updated flooring, full bathroom with shower, and spacious bedroom. Double-car garage, double-wide driveway plus wide walkway to the covered front porch, EV-charger-ready 240V outlet. Surrounded by top-rated schools, parks, and trails, this is a turnkey opportunity for investors. Contact to schedule your private showing!
Price History
Schools
Elementary
- Willow River Public School0.4 km
Public · Waterloo Region DSB
- Groh Public School1.1 km
Public · Waterloo Region DSB · 885 students
Grade 3 reading: 69% met the provincial standard · Grade 6 math: 65% met the provincial standard
- Doon Public School1.3 km
Public · Waterloo Region DSB · 435 students
Secondary
- Huron Heights Secondary School4 km
Public · Waterloo Region DSB · 1455 students
Grade 10 literacy: 88% 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 N2P
- Population
- 25,040
- Private dwellings
- 8,848
- Median age
- 36
- Average household size
- 2.9
- Median household income
- $110,000
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
Single Family in Kitchener · last 12 months
- Median sold price
- $665,000
- Homes sold
- 1,925
- Median days on market
- 20
- Sale-to-list price
- 101.0%
Based on 1,925 recorded sales of single family properties in Kitchener over the last 12 months.
Location
Mortgage Calculator
$180,000
Estimated Monthly Payment
$4,421
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,421/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $225/mo
Estimates only. Consult a financial advisor.
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