Gurvinder Nokwal REALTOR®
For Sale Detached 52 days on market

$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
Map

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

Room Level Dimensions
Living Room Ground 23′ 2″ × 11′ 1″
Bedroom Basement 10′ 10″ × 7′ 6″
Kitchen Ground 12′ 1″ × 6′ 0″
Primary Bedroom Ground 11′ 6″ × 10′ 3″
Bedroom 2 Ground 11′ 6″ × 8′ 2″
Dining Room Basement 11′ 1″ × 12′ 0″
Dining Room Ground 23′ 2″ × 11′ 1″
Bedroom Basement 9′ 2″ × 14′ 6″
Living Room Basement 11′ 1″ × 12′ 0″
Bedroom 3 Ground 11′ 6″ × 10′ 0″
Bedroom Basement 10′ 6″ × 10′ 0″
Bedroom 4 Ground 8′ 2″ × 10′ 2″

Features

Interior

  • Other

Pool

  • None

Mortgage calculator

Minimum for this price: $62,500 (7.14%)

Amortization, years

Estimated mortgage payment

$3,874 per month

Principal and interest
$3,874
Property tax
$375
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
Total, before legal fees
$188,975
Talk to me about financing

Estimates 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

35 Silver Aspen Crescent, Kitchener, ON N2N 1H5 Kitchener, ON N2N 1H5
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$875,000 35 Silver Aspen Crescent, Kitchener, ON N2N 1H5
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