129 River Road E, Kitchener, ON N2B 2G7
Kitchener · Near Frederick St · View map
About this home
Solid brick a purpose-built triplex situated in the heart of Rosemount, a great investment opportunity offering tremendous income potential! This spacious property features a wide corner lot, perfect for future expansion with the possibility of adding accessory units to maximize your return on investment.Two 2 bedroom units are generously sized with brand new balconies, large kitchen and good size bedrooms, over 1000 sq ft of living space. One bedroom unit in the basement is completely renovated, including bathroom, kitchen, floors and electrical. Features three separately metered units, parking for more than 8 vehicles.Well maintained building with many upgrades and renovations, totalling over $120,000.00 recently, new shingle roof (2023), new brick chimney, upgrade to electrical panel in utility room, new sanitary mainline within building and through foundation connecting to property line, creating common area in the backyard, 3 water heaters owned (2023) and much more. Sufficient outdoor parking. Book your showing today!!
The home
- Type
- Triplex
- Style
- 2-Storey
- Square footage
- 2000-2500 sq ft
- Bedrooms
- 5
- Bathrooms
- 3
- Kitchens
- 3
- Rooms
- 11
- Basement
- Apartment
- Lot size
- 125.1 x 58.2 ft
- Faces
- East
- Approximate age
- 51-99 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Radiant
- Fireplace
- No
Garage & parking
- Driveway spaces
- 8
- Total parking
- 8
Taxes & other
- Property taxes
- $5,132/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Frederick St
More
- Price per sq ft
- ~$400 (at 2,250 sq ft)
- MLS® number
- X13858748
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The home and its surroundings
- Water Heater Owned
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
Schools nearby
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Your commute
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Listing history for 129 River Road
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 129 River Road E
Answers come straight from this home’s MLS® listing.
How much is 129 River Road E listed for, and what would it cost each month?
129 River Road E is listed for $899,000. With 20% down ($179,800), the mortgage payment would be roughly $3,626 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $4,054 a month, all in. That figure is an illustration, not a quote.
Is 129 River Road E freehold or a condo, and is there a monthly fee?
129 River Road E is a triplex in Kitchener. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 129 River Road E have?
129 River Road E has 5 bedrooms and 3 bathrooms. The listing gives the style as 2-storey.
Does 129 River Road E have a garage and parking?
The listing does not show a garage. The driveway adds 8 spaces. In total the listing counts 8 parking spaces.
Does 129 River Road E have a finished basement?
The listing describes the basement as apartment. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 129 River Road E?
129 River Road E is a triplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 129 River Road E, and what is the lot size?
The listing puts the home between 2,000 and 2,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 125.1 x 58.2 ft.
How is 129 River Road E heated and cooled?
Heating is radiant (gas). The listing does not show air conditioning.
What are the property taxes for 129 River Road E?
Property taxes are $5,132 a year (2026), or about $428 a month.
Where is 129 River Road E?
129 River Road E is in Kitchener. The nearest main intersection is Frederick St. The postal code is N2B 2G7.
Is 129 River Road E still for sale?
Yes. It is an active listing (MLS® X13858748). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 129 River Road E asking?
Similar properties for sale nearby right now include 727 FREDERICK Street at $829,900 (5 bed), 187 Forest Creek Drive at $1,050,000 (5+2 bed) and 207 Sheldon Avenue N at $899,900 (4 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 129 River Road sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 129 River Road E?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Kitchener, picked by style, size and price.
Triplex$829,900727 FREDERICK Street, Kitchener5 bed · 3 bathCourtesy of: RE/MAX A-B Realty LtdView home →
Duplex$1,050,000187 Forest Creek Drive, Kitchener5+2 bed · 4 bathCourtesy of: CENTURY 21 PROPERTY ZONE REALTY INC.View home →
Duplex$899,900207 Sheldon Avenue N, Kitchener4 bed · 2 bathCourtesy of: RE/MAX Solid Gold Realty (II) LtdView home →Courtesy of: CENTURY 21 GREEN REALTY INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.