For SaleMultiplex · 2-StoreyMLS® #X14163866 · TRREB MLS®
61 Wood St, Kitchener, Ontario
Kitchener, Ontario N2G 2H7
- Bedrooms
- 8
- Lot Size
- 38.3 x 139 ft
- Bathrooms
- 7
- Type
- Multiplex
- Basement
- Separate Entrance
$1,049,000
Estimated market value
About 61 Wood St
61 Wood St is an 8-bedroom, 7-bathroom multiplex in Kitchener, listed for sale at an asking price of $1,049,000 (MLS® X14163866).
An outstanding opportunity for discerning investors seeking stable income, long-term appreciation, and future potential. Ideally situated in a high-demand central location, this well-maintained fiveplex is within walking distance to the hospital, public transit, shopping, restaurants, and everyday conveniences, an unbeatable combination that continues to attract quality tenants and support strong occupancy. With long-term tenants already in place, this turnkey investment offers dependable cash flow from day one. Each unit and all common areas feature separate hydro meters, helping streamline operating costs and property management. Additional highlights include valuable amenity for both tenants and future owners. Major capital improvements have already been completed, including the flat roof (2016), windows (2015), two new screen doors (2018), and one updated unit (2018). Whether you're expanding your investment portfolio or securing a high-performing multi-family asset in a sought-after location, this is a rare opportunity to own a property that delivers reliable cash flow today while offering exciting possibilities for tomorrow. Located close to healthcare services, grocery stores, reputable schools, restaurants, scenic parks, public transit, and major commuter routes, this is a rare opportunity to acquire a high-performing multi-residential asset in a location that continues to drive tenant demand and long-term value.
Insights
Condition Score
Good2 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Condition uses listing-record signals, not an inspection.
Key facts
- Tax
- $8,669 / 2025
- MLS® number
- X14163866
- Board
- TRREB MLS®
- Property Type
- Multiplex
- Days on market
- Size
- 3000-3500 sqft
- Lot Size
- 38.3 x 139 ft
- Listed on
- Parking
- 3 Detached, 6 Parking
Listing history
Buy/sell history for 61 Wood St, Kitchener, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,049,000 | N/A | For Sale | X14163866 |
Members see the full history. Prices are hidden from signed-out visitors.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Michelle Lacroix for a full comparative market analysis.
Property details
Property
- Property Type
- Multiplex
- Style
- 2-Storey
- Municipality
- Kitchener
Building
- Size
- 3000-3500 sqft
- Construction
- Brick
Inside
- Bedrooms
- 8
- Bathrooms
- 7
- Bathroom Details
- 1 × 2pc, 1 × 3pc, 5 × 4pc
- Basement Type
- Separate Entrance
- Kitchens
- 5
Parking
- Driveway
- Private
- Garage Type
- Detached
- Garage
- 3
- Additional Parking
- 3
- Total Parking
- 6
Utilities
- Water
- Municipal
- Cooling
- None
- Heating Type
- Radiant
Land
- Sewer
- Sewers
- Frontage
- 38.3 ft
- Depth
- 139 ft
- Lot Size
- 38.3 x 139 ft
Additional
- Foundation
- Block
- Roof
- Shingles
- Fireplace
- No
- Pool
- None
- Den
- No
- Family room
- No
- Extras
- All electrical light fixtures, window coverings, kitchen & laundry appliances. (Property is being sold as-is)
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Map and tour
Multiplexes for sale in Kitchener right now
- For sale now
- 10
- Median asking price
- $1.53M
- New in 7 days
- 3
- Price cuts
- 30%
Middle half: $1.26M to $2.22M
4 in 28 days
3 listings
This home is asking 32% below the median, lower than three quarters of them.
See all homes in KitchenerAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Land transfer tax on this home
- Ontario land transfer tax
- $17,455
- Total land transfer tax
- $17,455
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $13,455
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,049,000
- $12,980
- Ontario total
- $17,455
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m10 test or monitoring holes also recorded.250 m
- Groundwater recorded about 23.2 m below ground nearbyThe middle water level in the well records within 500 m (157 records). It changes with the season and from spot to spot.500 m
Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 9.2 km9.2 km
Province of Ontario open data
Around the home2
- Nearest rail line: 570 m570 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is AirBoss of America Corp. — RUBBER SOLUTIONS DIVISION, 470 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Enova Power Corp.At the address
- Wired internet 50/10 Mbps or faster is listed at a household 40 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.40 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Netflash Internet Solutions, Rogers, Vianet, Waterloo Wireless, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Grand River Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| King Edward Public SchoolWaterloo Region DSB | Public · grades JK–6 | 600 m | 61%Grade 6 average |
| St John Catholic Elementary SchoolWaterloo CDSB | Catholic · grades JK–8 | 750 m | 56%Grade 6 average |
| Westmount Public SchoolWaterloo Region DSB | Public · grades JK–6 · French Immersion | 900 m | 73%Grade 6 average |
| École élémentaire L'HarmonieConseil scolaire Viamonde | French-language public · grades JK–8 | 1.9 km | 84%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Kitchener Waterloo Collegiate and Vocational SchoolWaterloo Region DSB | Public · grades 9–12 · French Immersion | 350 m | 73%Grade 9 math |
| Bluevale Collegiate InstituteWaterloo Region DSB | Public · grades 9–12 | 2.5 km | 75%Grade 9 math |
| Resurrection Catholic Secondary SchoolWaterloo CDSB | Catholic · grades 9–12 | 3.1 km | 57%Grade 9 math |
| École secondaire David Saint-JacquesConseil scolaire Viamonde | French-language public · grades 9–12 | 8.4 km | 70%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Grand River Hospital | GRT light rail: ION light rail | 250 m |
| Allen | GRT light rail: ION light rail | 700 m |
| Willis Way | GRT light rail: ION light rail | 1.1 km |
| Central Station - Innovation District | GRT light rail: ION light rail | 1.2 km |
| Kitchener GO | GO Transit train: Kitchener | 1.6 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; GRT ION stops map layer from the Region of Waterloo under the Region of Waterloo Open Data Licence, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Contains information provided by the Regional Municipality of Waterloo under licence.
Lot
- Lot area
- 5,324 sq ft495 m²
- Street frontage
- 38.3 ft11.7 m
- Depth
- 139 ft42.4 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $209,800
- Total mortgage amount
- $839,200
- Total interest payment
- $596,600
- Total purchase cost
- $1,645,600
- Mortgage payment
- $4,786/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
—Monthly carrying cost
$5,508- Rent $0
- Shortfall $5,508
Rental income starts at $0: enter the rent you expect. This is a planning tool, not advice.
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