88 Woodhaven Road
Kitchener, ON
- 6 bed
- 3 bath
- approx. 700-1100 sqft
- Multiplex
- 74 days on market
A rare opportunity to own a property featuring three legal living units in a friendly, established neighbourhood. Whether you're looking for the perfect multi-generational setup, a mortgage helper, or a turnkey investment, this versatile property offers exceptional flexibility. The main level features a bright, open-concept living and dining area filled with natural light, three generously sized bedrooms, and a full bathroom, creating a comfortable space to call home. The finished lower level is a fully self-contained two-bedroom suite complete with its own kitchen, offering privacy and independence for extended family or rental income. Adding even more value is the detached legal one-bedroom accessory dwelling unit, complete with its own kitchen, bathroom, and in-suite laundry, providing a completely separate living space for family, guests, or tenants. Situated on one of the larger lots in the neighbourhood, measuring approximately 52' x 109', the fully fenced backyard offers generous outdoor space for everyone to enjoy. Ideally located on a quiet street close to schools, parks, shopping, public transit, the ION LRT, and major highways, convenience is right at your doorstep. Recent updates include new flooring throughout, custom built-in cabinetry, a 200-amp electrical service, and an on-demand water heater (2021). Live in the spacious main unit while the two additional legal units help offset a significant portion of your monthly living expenses, create the ideal multi-generational lifestyle where everyone enjoys their own private space, or maximize the property's investment potential with projected rental income of approximately $6,000 per month ($72,000 annually). Vendor Take-Back financing is available with a minimum 30% down payment, offering additional flexibility for qualified buyers. A rare opportunity offering a projected 6% cap rate in today's market.
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Listing Details
- Taxes (2026)
- $5,610
- Listed
- June 25, 2026
Price History
Listing history
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Property
- Style
- Bungalow
- Age
- 51-99
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Interior
- Primary Bedroom - Main Floor, Water Softener
- Lot Size
- 52.2 x 109.5 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 4
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Wilson Ave
- Zoning
- R2
- Parcel Number
- 225850107
- Possession
- Immediate
- Occupancy
- Vacant
Included
- Inclusions
- All appliances x3- fridge x3, stove x3, dishwasher x3, washing machine x3, dryer x3
Schools
Elementary
- Wilson Avenue Public School0.4 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 School0.5 km
Catholic · Waterloo CDSB · 550 students
Grade 3 reading: 76% met the provincial standard · Grade 6 math: 30% met the provincial standard
- Sunnyside Public School1.2 km
Public · Waterloo Region DSB · 310 students
Secondary
- St Mary's High School1.8 km
Catholic · Waterloo CDSB · 2240 students
Grade 10 literacy: 94% met the provincial standard
- Eastwood Collegiate Institute1.9 km
Public · Waterloo Region DSB · 1270 students
Grade 10 literacy: 84% 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
Residential Freehold in Kitchener · last 12 months
- Median sold price
- $663,250
- Homes sold
- 1,920
- Median days on market
- 20
- Sale-to-list price
- 101.0%
Based on 1,920 recorded sales of residential freehold properties in Kitchener over the last 12 months.
Listed by
CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD
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Location
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Mortgage Calculator
$209,800
Estimated Monthly Payment
$5,153
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
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Mortgage: $5,153/mo (20% down, 5.5%)
Taxes: $467/mo · Insurance: $262/mo
Estimates only. Consult a financial advisor.
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