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LEGAL DUPLEX, 5.5% CAP RATE! Set on a large lot in a quiet, mature neighbourhood, this solid all-brick bungalow is a legal up/down duplex offering incredible value for investors or multi-generational families alike. With over $70,000 in recent renovations, the main floor boasts a bright, open-concept layout with new quartz countertops, an updated bathroom and modern vinyl flooring throughout. The upper unit is a spacious 3-bed, 1-bath suite with large windows, loads of natural light, and in-suite laundry. Its currently rented for $2,550/month + utilities. The lower level, with its own private entrance and walkout to a huge backyard, features 2 bedrooms, 1 bathroom, and in-suite laundryrented at $1,790/month + utilities. Just steps to scenic trails, top-rated schools, and minutes from downtown and highway access, this property is perfectly positioned in highly sought after Forest Hill. With a strong 5.5% cap rate and turn-key income in place, 110 Stonybrook is the kind of opportunity smart buyers move quickly on.
2 Fridges, 2 Stoves, 2 washers, 2 dryers
City: Kitchener
Purchase Price | $849000 |
Down Payment | $169800 |
Mortgage Insurance | $0 |
Total Mortgage | $679200 |
Mortgage Payment | $4185 |
Property Taxes | $356 |
Maintenance Fees | $0 |
Monthly Payment | $4542 |
Sold Comparables homes near 110 Stonybrook Dr, Kitchener
Located at 110 Stonybrook Dr , this Kitchener house is available for sale. This property was listed for $849,000 on Wed May 21 2025. This house's size is 1100-1500 Sqft. It has 3 bedrooms and 2 bathrooms. The property includes the following rooms: Primary, Kitchen, Living, Bathroom, Br, Br, Br, Br, Rec, Kitchen, Dining, Bathroom, Utility, Laundry. This property comes with 4 parking spots.
MLS#: X12158201 · $849,000 · 3 bedroom house in Kitchener