368-3689910_homelife-bayside-realty-ltd-brokerage

Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD

Call Now: 416-939-2500 Email: vikas@vikaspalan.com
62 Greendale Crescent, Kitchener, ON N2A 2R6
$680,000
  • Sale
  • Duplex
  • 2 days ago
  • Updated: 2026-02-20

Overview

  • Duplex
  • 2 + 2
  • 2
  • Carport/4
  • 700-1100
  • N/A

Description

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.

Details

  • X12805496
  • Carport/4
  • $680,000
  • Tenant
  • None
  • 1 + 1
  • Bungalow
  • 2 + 2
  • 2
  • 700-1100 Sqft
  • 0.09 N/A
  • N/A
  • Duplex
  • Sale

Additional details

  • Forced Air / Gas
  • RES-3
  • $4354.87
  • 2026
  • T 84 PL 1310 KITCHENER; S/T 437586
  • N/A
  • N
  • 0.09
  • Full
  • Central Air
  • Place Of Worship,School,Skiing
  • Municipal

Rooms

Living RoomMain Level5.26 x 5.41
KitchenMain Level3.05 x 6.4
BedroomMain Level2.44 x 3.53
Bedroom 2Main Level3.2 x 3.53
BathroomMain Level1.5 x 2.24
KitchenLower Level3.28 x 7.7
Bedroom 3Lower Level3.28 x 4.72
Bedroom 4Lower Level2.41 x 3.86
BathroomLower Level1.5 x 2.79
OtherLower Level1.47 x 1.75
Utility RoomLower Level3.89 x 6.25

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FAQ

  • What is the total square footage of the X12805496 - 62 Greendale Crescent, Kitchener, ON N2A 2R6?

    The total square footage of this property is 700-1100 SqFt.

  • What schools near to X12805496 - 62 Greendale Crescent, Kitchener, ON N2A 2R6?

    .

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