33 RUSKVIEW Road
Kitchener, Ontario
4 bed • 1 bath • Multi-family
Legal duplex in Kitchener's highly sought-after Forest Hill neighbourhood, offering the flexibility investors and homeowners are looking for. Whether you're expanding your rental portfolio or looking to live in one unit while generating income from the other, this property provides options. The main level features three bedrooms, a full four-piece bathroom, separate living and dining rooms, plus the convenience of a private entrance and private laundry. The lower level offers two bedrooms, a full bathroom, a spacious living room, an eat-in kitchen, and its own private entrance and laundry. With updated plumbing, electrical, windows, and exterior entry doors, plus a covered carport and tenants already in place, this is a turnkey investment opportunity in an established neighbourhood. Located just minutes from Hwy 7/8, Sunrise Shopping Centre, schools, parks, and recreation facilities, this property combines a convenient location with strong income potential.
Price History
Schools
Elementary
- St Paul Catholic Elementary School0.4 km
Catholic · Waterloo CDSB · 505 students
Grade 3 reading: 72% met the provincial standard · Grade 6 math: 44% met the provincial standard
- Forest Hill Public School0.6 km
Public · Waterloo Region DSB · 405 students
Grade 3 reading: 64% met the provincial standard · Grade 6 math: 41% met the provincial standard
- Southridge Public School0.8 km
Public · Waterloo Region DSB · 395 students
Grade 3 reading: 61% met the provincial standard · Grade 6 math: 38% met the provincial standard
Secondary
- Forest Heights Collegiate Institute0.9 km
Public · Waterloo Region DSB · 1555 students
Grade 10 literacy: 86% met the provincial standard
- St Mary's High School3.4 km
Catholic · Waterloo CDSB · 2240 students
Grade 10 literacy: 94% met the provincial standard
- Resurrection Catholic Secondary School3.4 km
Catholic · Waterloo CDSB · 1920 students
Grade 10 literacy: 90% 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 N2M
- Population
- 36,494
- Private dwellings
- 16,113
- Median age
- 36.4
- Average household size
- 2.3
- Median household income
- $71,500
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.
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Location
Mortgage Calculator
$139,980
Estimated Monthly Payment
$3,438
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,438/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $175/mo
Estimates only. Consult a financial advisor.