259 VILLAGE Road
Kitchener, Ontario
5 bed • 2 bath • Multi-family
Welcome to this beautifully renovated legal duplex in Kitchener’s desirable Forest Hill neighbourhood. Set on a quiet, family-friendly street, this well-kept property offers a rare combination of style, flexibility, and income potential. The spacious 3-bedroom upper unit is currently occupied by excellent tenants, while the vacant 2-bedroom lower unit is ready for immediate occupancy or a new tenant. Each unit features its own in-suite laundry, creating comfortable and independent living spaces. Outside, enjoy a large backyard with plenty of room to relax, entertain, or play, along with parking for up to 5 vehicles. Conveniently located close to schools, shopping, parks, transit, and everyday amenities, this is a turnkey opportunity in one of Kitchener’s established neighbourhoods.
Price History
Schools
Elementary
- Forest Hill Public School0.2 km
Public · Waterloo Region DSB · 405 students
Grade 3 reading: 64% met the provincial standard · Grade 6 math: 41% met the provincial standard
- St Paul Catholic Elementary School0.6 km
Catholic · Waterloo CDSB · 505 students
Grade 3 reading: 72% met the provincial standard · Grade 6 math: 44% 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 Institute1.1 km
Public · Waterloo Region DSB · 1555 students
Grade 10 literacy: 86% met the provincial standard
- Cameron Heights Collegiate Institute3 km
Public · Waterloo Region DSB · 1765 students
Grade 10 literacy: 90% met the provincial standard
- Kitchener Waterloo Collegiate and Vocational School3.2 km
Public · Waterloo Region DSB · 1650 students
Grade 10 literacy: 88% 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
- 1,929
- 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
$149,980
Estimated Monthly Payment
$3,684
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,684/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $187/mo
Estimates only. Consult a financial advisor.
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