
197 SOUTHWOOD Drive
Kitchener, Ontario
6 bed • 2 bath • Multi-family
LEGAL DUPLEX in desirable Country Hills! An outstanding opportunity for investors, those who need an in-law suite already set up for multi-generational families, or buyers looking to offset mortgage costs with rental income. Ask your lender how potential income from the second unit may help increase your buying power. This spacious detached 4-level backsplit offers TWO separate 3-bedroom, 1-full bath units, plus a single garage and private outdoor spaces. The UPPER UNIT features some newer windows (2021), a bright kitchen with garden-door walkout to a private deck, and a primary bedroom with twin closets and ensuite privilege to the 4-piece bath with newer vanity, tile and toilet. The carpet-free LOWER UNIT was created/redone in 2015 and features a beautiful kitchen with modern cabinetry and twin sink, full 4-piece bath, low-maintenance laminate flooring, upgraded lower windows, and window well with a hinged leaf cover outside providing secondary egress. Sound-barrier insulation between units adds comfort and privacy. The spacious primary bedroom includes a walk-in closet plus extra storage in the adjoining cold room. A basement WALKOUT with garden doors leads to a large patio and private, fully fenced backyard—ideal for kids and pets. A shed offers extra storage options. Additional features include 200-amp service in the garage, a 100-amp lower-level panel, new AC 2024, and newer garage door opener (2021). Enjoy a convenient Country Hills location close to schools, parks, community amenities, shopping, public transit and major commuter routes, with easy access throughout Kitchener-Waterloo and toward Highway 401. A versatile property offering space, income potential and long-term flexibility. Fully vacant and ready to rent. Improve your investment portfolio or get your start on the property ladder…book your showing today!
Price History
Property
- Lot Size
- 0.17 acres
Schools
Elementary
- Country Hills Public School0.6 km
Public · Waterloo Region DSB · 390 students
Grade 3 reading: 45% met the provincial standard · Grade 6 math: 22% met the provincial standard
- ÉÉC Cardinal-Léger1.1 km
French Catholic · CS catholique MonAvenir · 250 students
Grade 3 reading: 78% met the provincial standard · Grade 6 math: 44% met the provincial standard
- Blessed Sacrament Catholic Elementary School1.2 km
Catholic · Waterloo CDSB · 290 students
Grade 3 reading: 82% met the provincial standard · Grade 6 math: 48% met the provincial standard
Secondary
- St Mary's High School1.2 km
Catholic · Waterloo CDSB · 2240 students
Grade 10 literacy: 94% met the provincial standard
- Huron Heights Secondary School1.6 km
Public · Waterloo Region DSB · 1455 students
Grade 10 literacy: 88% met the provincial standard
- Eastwood Collegiate Institute3.5 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 N2E
- Population
- 40,428
- Private dwellings
- 14,544
- Median age
- 36.4
- Average household size
- 2.8
- Median household income
- $93,000
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
$165,000
Estimated Monthly Payment
$4,053
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,053/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $206/mo
Estimates only. Consult a financial advisor.
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