2 SMETANA Drive
Kitchener, Ontario
6 bed • 3 bath • Multi-family
Unlock the potential of this exceptional property! This turn-key bungalow has a versatile layout perfect for both personal use and as a rental opportunity. This purpose-built, legal duplex with 2 self-contained vacant units has great income-generating potential as it has no tenants currently and you can set your own rental rates, making it an excellent choice for first-time homebuyers looking to decrease their mortgage payments. It is also a perfect home for anyone looking for an in-law suite. Each unit has its own furnace, hot water heater and in-suite laundry, as well as hydro, water and gas meters. The upper unit boasts vaulted ceilings that are 10 ½ feet at their lowest point, built-in appliances, gas fireplace and lots of bright and spacious living space. The well-lit lower unit, with its full height windows and 9 foot ceilings throughout, is similarly bright and spacious. Located on a large lot next to a greenspace with a walking trail and stream, this home is just minutes from schools, parks, restaurants, shopping venues and highway access. Don't miss out on this rare opportunity. Come see for yourself!
Price History
Schools
Elementary
- Mackenzie King Public School0.6 km
Public · Waterloo Region DSB · 380 students
Grade 3 reading: 78% met the provincial standard · Grade 6 math: 87% met the provincial standard
- Canadian Martyrs Catholic Elementary School0.9 km
Catholic · Waterloo CDSB · 520 students
Grade 3 reading: 75% met the provincial standard · Grade 6 math: 80% met the provincial standard
- Rosemount Grand River1.5 km
Public · Waterloo Region DSB
Secondary
- Grand River Collegiate Institute1.5 km
Public · Waterloo Region DSB · 1560 students
Grade 10 literacy: 83% met the provincial standard
- Rosemount - U Turn School1.5 km
Public · Waterloo Region DSB
- Eastwood Collegiate Institute3.7 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
- 1,933
- Median days on market
- 20
- Sale-to-list price
- 101.0%
Based on 1,933 recorded sales of multi-family properties in Kitchener over the last 12 months.
Location
Mortgage Calculator
$189,800
Estimated Monthly Payment
$4,662
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,662/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $237/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?