206 INDIAN Road
Kitchener, Ontario
14 bed • 10 bath • Multi-family
Excellent investment opportunity! Well-maintained 10-plex in a quiet Kitchener neighborhood with convenient highway access. Features eight 1-bedroom units and two 3-bedroom units, each with a locker and surface parking. Coin-operated laundry on site. Numerous updates: 4 apartments fully renovated in recent years, new hot water heating boiler in 2024 . Easy to manage with strong income and excellent tenants. A true turn-key property in a desirable area!
Price History
Property
- Lot Size
- 0.33 acres
Schools
Secondary
- Grand River Collegiate Institute0.1 km
Public · Waterloo Region DSB · 1560 students
Grade 10 literacy: 83% met the provincial standard
- Rosemount - U Turn School1.7 km
Public · Waterloo Region DSB
- Eastwood Collegiate Institute2.8 km
Public · Waterloo Region DSB · 1270 students
Grade 10 literacy: 84% met the provincial standard
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
- Canadian Martyrs Catholic Elementary School0.8 km
Catholic · Waterloo CDSB · 520 students
Grade 3 reading: 75% met the provincial standard · Grade 6 math: 80% met the provincial standard
- St Patrick Catholic Elementary School1 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 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
- 1,925
- Median days on market
- 20
- Sale-to-list price
- 101.0%
Based on 1,925 recorded sales of multi-family properties in Kitchener over the last 12 months.
Location
Mortgage Calculator
$380,000
Estimated Monthly Payment
$9,334
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $9,334/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $475/mo
Estimates only. Consult a financial advisor.
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