399 GREENFIELD Avenue
Kitchener, Ontario
4 bed • 4 bath • Multi-family
Purpose built duplex investment opportunity in convenient location of Kitchener. Only 8 years old! This duplex features two well laid out 2 bedroom units, each with two bathrooms and in suite laundry for tenants convenience and comfort. Each unit has their own HVAC system and separately metered for all utilities. The lower unit has access via side entry and garage. The main floor unit has a front door and access to the garage as well. Gross annual rent is $46,500, with tenants paying their own utilities. Owner pays property taxes, building insurance & hot water tank rentals. If you are looking for a turn key entry level investment with predictable maintenance costs and cash flow, with good tenants and a well maintained building, schedule your showing today to take a closer look!
Price History
Property
- Lot Size
- 0.11 acres
Schools
Elementary
- Wilson Avenue Public School0.3 km
Public · Waterloo Region DSB · 515 students
Grade 3 reading: 60% met the provincial standard · Grade 6 math: 46% met the provincial standard
- St Aloysius Catholic Elementary School0.4 km
Catholic · Waterloo CDSB · 550 students
Grade 3 reading: 76% met the provincial standard · Grade 6 math: 30% met the provincial standard
- Sunnyside Public School1.1 km
Public · Waterloo Region DSB · 310 students
Secondary
- Eastwood Collegiate Institute1.7 km
Public · Waterloo Region DSB · 1270 students
Grade 10 literacy: 84% met the provincial standard
- St Mary's High School1.8 km
Catholic · Waterloo CDSB · 2240 students
Grade 10 literacy: 94% met the provincial standard
- École secondaire David Saint-Jacques2.9 km
French public · CS Viamonde · 105 students
Grade 10 literacy: 100% 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 N2C
- Population
- 17,681
- Private dwellings
- 7,494
- Median age
- 36.8
- Average household size
- 2.4
- Median household income
- $70,000
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
- 1,929
- Median days on market
- 20
- Sale-to-list price
- 101.0%
Based on 1,929 recorded sales of multi-family properties in Kitchener over the last 12 months.
Location
Mortgage Calculator
$178,000
Estimated Monthly Payment
$4,372
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,372/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $223/mo
Estimates only. Consult a financial advisor.
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