129 RIVER Road
Kitchener, Ontario
5 bed • 3 bath • Multi-family
Solid brick a purpose-built triplex situated in the heart of Rosemount, a great investment opportunity offering tremendous income potential! This spacious property features a wide corner lot, perfect for future expansion with the possibility of adding accessory units to maximize your return on investment.Two 2 bedroom units are generously sized with brand new balconies, large kitchen and good size bedrooms, over 1000 sq ft of living space. One bedroom unit in the basement is completely renovated, including bathroom, kitchen, floors and electrical. Features three separately metered units, parking for more than 8 vehicles.Well maintained building with many upgrades and renovations, totaling over $120,000.00 recently, new shingle roof (2023), new brick chimney, upgrade to electrical panel in utility room, new sanitary mainline within building and through foundation connecting to property line, creating common area in the backyard, new sod (2024), 3 water heaters owned (2023) and much more. Sufficient outdoor parking. Book your showing today!!
Price History
Schools
Elementary
- Rosemount Grand River0.3 km
Public · Waterloo Region DSB
- Smithson Public School0.8 km
Public · Waterloo Region DSB · 270 students
Grade 3 reading: 64% met the provincial standard · Grade 6 math: 57% met the provincial standard
- Mackenzie King Public School1.2 km
Public · Waterloo Region DSB · 380 students
Grade 3 reading: 78% met the provincial standard · Grade 6 math: 87% met the provincial standard
Secondary
- Rosemount - U Turn School0.3 km
Public · Waterloo Region DSB
- Grand River Collegiate Institute2 km
Public · Waterloo Region DSB · 1560 students
Grade 10 literacy: 83% met the provincial standard
- Eastwood Collegiate Institute2.4 km
Public · Waterloo Region DSB · 1270 students
Grade 10 literacy: 84% 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 N2B
- Population
- 16,939
- Private dwellings
- 7,329
- Median age
- 42.8
- Average household size
- 2.4
- Median household income
- $81,000
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
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.
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Mortgage Calculator
$191,800
Estimated Monthly Payment
$4,711
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,711/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $240/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?