228 HOLBORN Drive
Kitchener, Ontario
6 bed • 2 bath • Multi-family
ATTENTION INVESTORS AND FIRST TIME HOME BUYERS - this is an opportunity you don't want to miss! Welcome to this legal duplex in the heart of Stanley Park, offering excellent income potential and versatility. The main floor features a spacious 4-bedroom unit, perfect for families, while the fully self-contained lower level offers a well-designed 2-bedroom unit- ideal for rental income or multi-generational living. Each unit includes its own dedicated parking, with 2 spots for the upper unit and 2 spots for the lower unit, as well as separate laundry in each unit - providing convenience for both owners and tenants. Situated on a large lot, this property offers outdoor space with plenty of potential. Located in a highly desirable neighbourhood close to shopping, transit routes, and with quick access to Highway 401, this property combines location, flexibility, and strong investment appeal. Whether you're looking to get into the market, live in one unit and rent the other, or add to your investment portfolio - this property checks all the boxes!
Price History
Schools
Elementary
- Crestview Public School0.6 km
Public · Waterloo Region DSB · 415 students
Grade 3 reading: 68% met the provincial standard · Grade 6 math: 53% met the provincial standard
- St Patrick Catholic Elementary School0.9 km
Catholic · Waterloo CDSB
- Stanley Park Public School1.1 km
Public · Waterloo Region DSB · 370 students
Secondary
- Grand River Collegiate Institute0.6 km
Public · Waterloo Region DSB · 1560 students
Grade 10 literacy: 83% met the provincial standard
- Rosemount - U Turn School2.2 km
Public · Waterloo Region DSB
- Notre Dame Catholic High School2.6 km
Catholic · Waterloo CDSB
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 N2A
- Population
- 32,454
- Private dwellings
- 12,178
- Median age
- 39.2
- Average household size
- 2.7
- Median household income
- $96,000
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
- 1,924
- Median days on market
- 20
- Sale-to-list price
- 101.0%
Based on 1,924 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
$159,800
Estimated Monthly Payment
$3,925
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,925/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $200/mo
Estimates only. Consult a financial advisor.
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