304 - 64 BENTON Street
Kitchener, Ontario
1 bed • 1 bath • Single Family
TURNKEY INVESTMENT OPPORTUNITY WITH TENANT IN PLACE! An excellent opportunity for investors looking to add an affordable, low-maintenance property to their portfolio with immediate rental income. This 1-bedroom, 1-bath downtown Kitchener condo is tenanted beginning September 1, 2026, with the purchaser assuming the existing lease and enjoying income from day one. Recent updates include flooring and kitchen cabinetry, while the functional layout offers a bright living area, spacious bedroom, 4-piece bathroom, private balcony, and an owned storage locker for additional convenience. Located in the heart of downtown Kitchener, the property is just steps to the LRT, GO Transit, Kitchener Market, restaurants, cafés, Victoria Park, shopping, and Kitchener’s thriving tech corridor. It’s also conveniently located near the University of Waterloo Downtown Health Sciences Campus, with direct LRT access to both universities, making this an attractive rental location with broad tenant appeal. The building features secure entry, on-site laundry, a fitness room, and a library/lounge area. Whether you’re a seasoned investor or looking to purchase your first investment property, this is an opportunity to acquire an affordable downtown condo with a tenant already in place, eliminating the time and expense of securing one yourself. Some photos have been virtually staged.
Price History
Schools
Elementary
- Courtland Avenue Public School0.5 km
Public · Waterloo Region DSB · 270 students
- Suddaby Public School0.8 km
Public · Waterloo Region DSB · 505 students
Grade 3 reading: 67% met the provincial standard · Grade 6 math: 58% met the provincial standard
- Margaret Avenue Public School1.3 km
Public · Waterloo Region DSB · 310 students
Secondary
- Cameron Heights Collegiate Institute0.7 km
Public · Waterloo Region DSB · 1765 students
Grade 10 literacy: 90% met the provincial standard
- Kitchener Waterloo Collegiate and Vocational School1.8 km
Public · Waterloo Region DSB · 1650 students
Grade 10 literacy: 88% met the provincial standard
- Eastwood Collegiate Institute2.5 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 N2G
- Population
- 14,580
- Private dwellings
- 8,284
- Median age
- 38
- Average household size
- 1.8
- Median household income
- $62,400
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
- 1,927
- Median days on market
- 20
- Sale-to-list price
- 101.0%
Based on 1,927 recorded sales of single family properties in Kitchener over the last 12 months.
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Mortgage Calculator
$33,000
Estimated Monthly Payment
$811
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $811/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $41/mo
Estimates only. Consult a financial advisor.
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