58 Amherst Drive
Kitchener, ON
- 7 bed
- 2 bath
- approx. 1500-2000 sqft
- Detached
6+1 bedroom, positive cash flow student rental just steps from Conestoga College and minutes to the 401! This turn-key investment features two full bathrooms, two fridges, a stove, and dishwasher included. Enjoy a completely carpet-free interior throughout the entire home. The spacious backyard offers deck access from one room and direct yard access from another -perfect for tenants to unwind. The roof was replaced in 2016 and the common areas were freshly painted in 2017. The A/C was updated in 2026, and there's a rented water heater for year-round comfort. Safety first: the house has passed Fire Department inspection, with a city-installed Direct Detect fire alarm system providing 24-hour smoke monitoring throughout. A fantastic turn-key opportunity for investors seeking reliable cash flow!
Listing Details
- Taxes (2025)
- $5,359
- Listed
- September 15, 2026
Price History
Property
- Style
- 2-Storey
- Age
- 31-50
- Construction
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Interior
- Other
- Lot Size
- 45.09 x 100.38 Feet
Parking
- Garage
- Attached
- Covered Spaces
- 1
- Total Parking
- 5
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- DOON VALLEY DR
- Zoning
- R2A
- Parcel Number
- 226260024
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Inclusions
- Fridge, Washer, Dryer, all window coverings, furnitures in the bedroom
- Rental Items
- Hot water tank
Schools
Elementary
- Doon Public School0.9 km
Public · Waterloo Region DSB · 435 students
- Willow River Public School1.8 km
Public · Waterloo Region DSB
- St Timothy Catholic Elementary School2.2 km
Catholic · Waterloo CDSB · 375 students
Grade 3 reading: 80% met the provincial standard · Grade 6 math: 70% met the provincial standard
Secondary
- Preston High School3.7 km
Public · Waterloo Region DSB · 855 students
Grade 10 literacy: 77% met the provincial standard
- ÉSC Père-René-de-Galinée4.3 km
French Catholic · CS catholique MonAvenir · 495 students
Grade 10 literacy: 94% met the provincial standard
- Huron Heights Secondary School4.4 km
Public · Waterloo Region DSB · 1455 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 N2P
- Population
- 25,040
- Private dwellings
- 8,848
- Median age
- 36
- Average household size
- 2.9
- Median household income
- $110,000
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
- $667,000
- Homes sold
- 1,909
- Median days on market
- 20
- Sale-to-list price
- 100.9%
Based on 1,909 recorded sales of residential freehold properties in Kitchener over the last 12 months.
Rooms
4-piece on Second, 3-piece on Basement
Second
- Bedroom12' x 10'
- Bedroom19' x 14'
- Bedroom10' x 13'1"
Main
- Bedroom13' x 11'
- Bedroom19' x 13'
- Bedroom11' x 10'
- Kitchen12' x 10'
Basement
- Bedroom9' x 8'
- Recreation16' x 10'
Listed by
NEW ERA REAL ESTATE
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$154,000
Estimated Monthly Payment
$3,783
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
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,783/mo (20% down, 5.5%)
Taxes: $447/mo · Insurance: $193/mo
Estimates only. Consult a financial advisor.
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