40 DONALD Street
Kitchener, Ontario
Multi-family
Turnkey investment, flexible multigenerational living, or a comfortable home with rental income , Fully renovated legal duplex (2024 conversion) offering turnkey living and strong income potential. Ideal for investors, first-time buyers, multigenerational families, or those seeking a mortgage helper. Both units feature modern finishes, private laundry, upgraded systems, and functional layouts designed for comfort and flexibility. Main Level Unit 3 bedrooms, including a primary with sliders to a large sunroom , Sunroom opens to a fully fenced backyard, Updated kitchen and bathrooms, Private in-suite laundry, Bright, spacious layout Lower Level Unit Rare 3-bedroom lower unit, Open-concept kitchen and living area, Modernized bathroom and finishes, Private in-suite laundry ,Excellent rental potential Property Upgrades Fully permitted duplex conversion (2024) Updated wiring, insulation, kitchens, bathrooms, flooring, and lighting , 4 renovated bathrooms total ,6 bedrooms across both units, Expanded 5-car driveway ,Potential for an additional dwelling unit (ADU) , Close to shopping, restaurants, parks, schools, and major highways—ideal for commuters and families
Price History
Schools
Elementary
- Smithson Public School0.3 km
Public · Waterloo Region DSB · 270 students
Grade 3 reading: 64% met the provincial standard · Grade 6 math: 57% met the provincial standard
- St Anne Catholic Elementary School0.6 km
Catholic · Waterloo CDSB · 750 students
Grade 3 reading: 68% met the provincial standard · Grade 6 math: 45% met the provincial standard
- Sheppard Public School0.8 km
Public · Waterloo Region DSB · 365 students
Grade 3 reading: 82% met the provincial standard · Grade 6 math: 60% met the provincial standard
Secondary
- Rosemount - U Turn School1.3 km
Public · Waterloo Region DSB
- Eastwood Collegiate Institute1.4 km
Public · Waterloo Region DSB · 1270 students
Grade 10 literacy: 84% met the provincial standard
- Cameron Heights Collegiate Institute1.6 km
Public · Waterloo Region DSB · 1765 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 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
- 1,924
- Median days on market
- 20
- Sale-to-list price
- 101.0%
Based on 1,924 recorded sales of multi-family properties in Kitchener over the last 12 months.
Location
Mortgage Calculator
$153,000
Estimated Monthly Payment
$3,758
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,758/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $191/mo
Estimates only. Consult a financial advisor.
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