Welcome to this remarkable ["Bungalow"] duplex located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $660,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Legal Duplex Investment Every strong portfolio starts with the right property-one that delivers reliable income today while positioning you for long-term growth. 62 Greendale Crescent checks every box. This fully permitted legal duplex offers proven rental performance, strong market demand, and the solid fundamentals investors seek. The upper two-bedroom unit is leased at $2,100 per month, providing immediate, stable cash flow. The lower two-bedroom suite, complete with its own private entrance, is vacant and ready to lease at approximately $1,900-$2,100 per month-or ideal for an in-law setup while maintaining upstairs income. With projected annual rents near $48,000 and manageable operating costs, investors can anticipate a cap rate around 5 percent. With financing near 4 percent, projected cash-on-cash returns fall in the low-to-mid single digits, with realistic potential for positive monthly cash flow-an increasingly rare combination in today's market. Unlike many listings, this property is fully legally compliant and move-in ready. It features parking for five vehicles, a fenced yard, and a low-maintenance configuration designed for simplicity and stability. Its proximity to schools, shopping, transit, and major highway access further supports consistent tenant demand. Whether you're entering the investment market or expanding your portfolio, 62 Greendale Crescent offers dependable returns, equity growth, and the confidence to take your next step forward.
Contact us to schedule a private viewing of this property.
Place Of Worship, School, Skiing
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 62 Greendale Crescent, Kitchener, ON N2A 2R6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
No schools found within 3 km of this property.
No current listings found in Kitchener.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Kitchener.
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.