$875,000
Est. payment $3,874/moCalculate yours
35 Silver Aspen Crescent, Kitchener, ON N2N 1H5
Kitchener, ON N2N 1H5
- 4 + 3 Beds
- 5 Baths
- 1 Garage
- 700 Sq Ft
Listing courtesy of KINGSWAY REAL ESTATE MLS® X13718774
About this home
Incredible turnkey investment opportunity. A Fully Renovated Legal Duplex located in a desirable Forest Heights, Kitchener neighborhood. 4 spacious bedrooms with 2 washrooms on the Main Floor. 3 bedrooms Legal Basement apartment with separate entrance and 3 ensuite washrooms. Total living floor area of 1,892 square feet including the basement. Thousands spent on the renovations approx. $200K plus. Both units are beautifully designed with high-end finishes, including luxury vinyl flooring, appliances and separate in-suite laundries for both units on the main floor and the basement. Seeing is believing. New floors, New washrooms, New furnace, New AC, New water heater and many many more. Extended new driveway approved by the city which can accommodate 3 vehicles. The old aluminum wiring is replaced with new copper wiring in the whole house. The gas line was replaced from road to the property spent approx. $5K. New front raised concrete porch spent approx. $7K. All brick bungalow in desirable Forest Heights, Kitchener neighborhood close to all amenities, shopping, and schools. 3 season sunroom, garden shed, fenced backyard, and large single garage. Silver Aspen is a prime rental location that will always attract great tenants as it is close to all universities in waterloo. With a gross potential income of approx.$65,000/annum and minimal expenses, this property is a true wealth-builder. Main floor can be rented for $2800 and basement can also be rented for $2600. Live in one unit while renting out the basement as a mortgage helper, or maximize your portfolio with a fully leased option. Please check the attached layout plans approved by the city.
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- New
- Size
- 700 sqft
Interior
- Bedrooms
- 4 + 3
- Bathrooms
- 5
- Kitchens
- 2
- Basement
- Apartment, Separate Entrance
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 45 x 90 Feet
- Parking
- Attached garage · 4 total
Financial
- Property Taxes
- $4,504 (2025)
Location
- Cross Street
- Conestoga Pkwy/Fischer Hallman Rd
- Direction Faces
- North
Listing
- MLS® Number
- X13718774
- Days on Market
- 52
- Listed On
- 2026-08-27
- Listed By
- KINGSWAY REAL ESTATE
Rooms
Features
Interior
- Other
Pool
- None
Mortgage calculator
Estimated mortgage payment
$3,874 per month
- Principal and interest
- $3,874
- Property tax
- $375
- Condo fees
- $0
- Estimated monthly cost
- $4,250
Your mortgage
- Mortgage amount
- $700,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $462,293
Cash to close
- Down payment
- $175,000
- Land transfer tax
- $13,975
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $188,975
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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