31 SOUTHDALE Avenue
Kitchener, Ontario
5 bed • Multi-family
Unique investment opportunity to own a well maintained 4 plex in a prime Kitchener location, perfectly positioned for both convenience and long term appeal. Tucked just moments from the expressway and surrounded by everyday amenities, this property offers an ideal blend of accessibility and livability that tenants truly value. Inside, you will find a thoughtfully composed unit mix including two spacious 2 bedroom suites, a comfortable 1 bedroom, and a cozy bachelor, each offering its own charm and strong rental potential.Separate hydro meters for each unit. Pride of ownership is evident throughout, reflecting consistent care and attention over time. Whether you are a seasoned investor or looking to step into the multi unit market, this property offers not just solid returns, but a place in a thriving, ever growing community. Financial details attached. Your next smart investment may be waiting right here.
Price History
Schools
Elementary
- Queen Elizabeth Public School0.2 km
Public · Waterloo Region DSB · 265 students
Grade 3 reading: 70% met the provincial standard · Grade 6 math: 79% met the provincial standard
- St Bernadette Catholic Elementary School0.4 km
Catholic · Waterloo CDSB · 435 students
Grade 3 reading: 85% met the provincial standard · Grade 6 math: 42% met the provincial standard
- Courtland Avenue Public School1.2 km
Public · Waterloo Region DSB · 270 students
Secondary
- Cameron Heights Collegiate Institute1.5 km
Public · Waterloo Region DSB · 1765 students
Grade 10 literacy: 90% met the provincial standard
- St Mary's High School2 km
Catholic · Waterloo CDSB · 2240 students
Grade 10 literacy: 94% met the provincial standard
- Eastwood Collegiate Institute2.3 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 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
- 1,927
- Median days on market
- 20
- Sale-to-list price
- 101.0%
Based on 1,927 recorded sales of multi-family properties in Kitchener over the last 12 months.
Location
Mortgage Calculator
$199,778
Estimated Monthly Payment
$4,907
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,907/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $250/mo
Estimates only. Consult a financial advisor.
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