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For Sale
Just Listed
Open House Sun 1620

361 Prospect Avenue

Kitchener, ON
$699,000
5Bd
2Ba
1,300+sqft
7Parking
60 x 117.5 ftlot
$538/sqft
MultiplexMLS# X13057158Listed 2026-04-292 DOM
Cooling
Central Air
Basement
Finished

Just listed! New listings in Kitchener often receive offers within the first week.

About this home

Turnkey legal duplex in a desirable Kitchener location. The property was converted to a legal duplex in 2020, creating two self-contained units ideal for investors or multi-generational living. Each unit is equipped with its own 100 amp hydro panel and in-suite laundry for added convenience. Enjoy a spacious 6-car asphalt driveway installed in 2020, offering ample parking for both units. Additional updates include a new furnace in 2025 and a new garage roof in 2026, adding long-term value and peace of mind. The basement is fully finished with the exception of the utility room. Located just 2 minutes from Sunnyside Public School, making school pick-up and drop-off quick and easy. Well-maintained and income-generating, this is a solid opportunity in a great location for those looking to invest or offset living costs with rental income.

Garage

Features

  • Carpet Free
  • Finished
  • Full
  • Separate Entrance
  • Central Air
  • Bungalow

Financials

Annual Taxes
$4,301

Estimated Rental Income

Entire property$4,500 – $7,000/mo
Rental yield7.7% – 12.0%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Kitchener

Days on market2 days
Buyer's MarketSeller's Market

Based on active listings in Kitchener. Data updates daily.

Our estimate for this home

Priced 17.5% above estimate
Estimated range
$550K$639K
Mid-point $595K · ~$458/sqft
How this listing compares
$550KList · $699K$639K
High confidence·Based on 260 gta-wide comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$699,000
361 Prospect Avenue, Kitchener
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