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Home ON Kitchener - Cambridge - Waterloo Waterloo Region Kitchener Idlewood
35 SHAFTSBURY DRIVE
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35 SHAFTSBURY DRIVE $1,079,000
Price Change on 12/12/2025
$1,079,000
-$20,000
$1,099,000
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35 SHAFTSBURY DRIVE
Kitchener, Ontario N2A1N4

MLS® Number: X12475532
6 + 1
Bedrooms
3
Bathrooms
2000 - 2500
Square Feet

Listing Description

FULLY VACANT 3 UNIT HOME! 6% CAP RATE PURPOSE-BUILT THREE-UNIT PROPERTY IN LACKNER WOODS! This cash-flowing gem brings in approximately $7,000 per month in rental income, offering a 6% cap rate and around $1,000 per month in positive cash flow. Featuring two spacious 3-bedroom units (1,150 sq ft each) and a bright, updated 1-bedroom lower-level unit, this property is ideal for investors or owner-occupiers looking to have their mortgage paid by tenants. Each unit has been thoughtfully updated with granite countertops, open-concept layouts, vinyl flooring, and access to outdoor spaces including private balconies, a private patio, and a shared backyard. The basement unit offers a new kitchen and plenty of natural light. Each unit has separate hydro meters and its own private driveway. Additional highlights include a full 2-car garage, parking for 4 more vehicles in the main driveway, and a new 2024 driveway for 2 extra cars. Recent upgrades include a new boiler (2021), chimney liner (2021), electrical (2013), owned water heater (2022), and owned water tank (2020). Located steps from shopping, parks, schools, and amenities, this turn-key investment blends income potential, location, and modern comfort. (41493612)

Location Description

Ottawa to Shaftsbury

Property Summary

Property Type
Multi-family
Building Type
Duplex
Storeys
2
Square Footage
2000 - 2500 sqft
Land Size
65 x 111 FT|under 1/2 acre
Age Of Building
51 to 99 years
Annual Property Taxes
$4,786
Parking Type
Attached Garage, Garage
Time on REALTOR.ca
54 days

Building

Bedrooms
Above Grade
6
Below Grade
1
Bathrooms
Total
3
Interior Features
Appliances Included
Dryer, Water Heater, Stove, Washer, Refrigerator
Basement Type
Finished
Building Features
Foundation Type
Concrete
Building Amenities
Separate Electricity Meters
Heating & Cooling
Cooling
Wall unit
Heating Type
Radiant heat (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Parking
Parking Type
Attached Garage, Garage
Total Parking Spaces
7

Measurements

Square Footage
2000 - 2500 sqft

Rooms

MetricImperial
Main level
Bathroom
Kitchen
Dining room
Living room
Bedroom
Primary Bedroom
Bedroom 2
Second level
Bedroom
Primary Bedroom
Bedroom 2
Bathroom
Kitchen
Living room
Dining room
Basement
Bedroom
Kitchen
Bathroom
Utility room

Land

Lot Features
Frontage
65 ft
Land Depth
111 ft
Other Property Information
Zoning Description
RES-4
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