61 Wood Street, Kitchener, ON N2G 2H7
Kitchener · Near Union Blvd & Park St · View map
About this home
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.
The home
- Type
- Multiplex
- Style
- 2-Storey
- Square footage
- 3000-3500 sq ft
- Bedrooms
- 8
- Bathrooms
- 7
- Kitchens
- 5
- Rooms
- 18
- Basement
- Separate Entrance
- Lot size
- 38.3 x 139 ft
- Faces
- South
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Radiant
- Fireplace
- No
Garage & parking
- Garage
- Detached
- Garage spaces
- 3
- Driveway spaces
- 3
- Total parking
- 6
- Parking features
- Private
Taxes & other
- Property taxes
- $8,669/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- TBD
- Cross street
- Union Blvd & Park St
More
- Price per sq ft
- ~$323 (at 3,250 sq ft)
- MLS® number
- X14163866
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The home and its surroundings
- Separate Hydro Meter
- Golf
- Hospital
- Park
- Public Transit
- School
- Fenced Yard
- 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.
61 Wood Street, Kitchener, ON N2G 2H7
Kitchener · Near Union Blvd & Park St
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Listing history for 61 Wood Street
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 61 Wood Street
Answers come straight from this home’s MLS® listing.
How much is 61 Wood Street listed for, and what would it cost each month?
61 Wood Street is listed for $1,049,000. With 20% down ($209,800), the mortgage payment would be roughly $4,231 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $4,954 a month, all in. That figure is an illustration, not a quote.
Is 61 Wood Street freehold or a condo, and is there a monthly fee?
61 Wood Street is a multiplex 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 61 Wood Street have?
61 Wood Street has 8 bedrooms and 7 bathrooms. The listing gives the style as 2-storey.
Does 61 Wood Street have a garage and parking?
Yes. The listing shows the garage as detached, with room for 3 cars. The driveway adds 3 spaces. In total the listing counts 6 parking spaces.
Does 61 Wood Street have a finished basement?
The listing describes the basement as separate entrance. 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 61 Wood Street?
61 Wood Street is a multiplex. 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 61 Wood Street, and what is the lot size?
The listing puts the home between 3,000 and 3,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 38.3 x 139 ft.
How is 61 Wood Street heated and cooled?
Heating is radiant (gas). The listing does not show air conditioning.
What are the property taxes for 61 Wood Street?
Property taxes are $8,669 a year (2025), or about $722 a month.
Where is 61 Wood Street?
61 Wood Street is in Kitchener. The nearest main intersection is Union Blvd & Park St. The postal code is N2G 2H7.
Is 61 Wood Street still for sale?
Yes. It is an active listing (MLS® X14163866). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 61 Wood Street asking?
Similar properties for sale nearby right now include 124 Church Street at $999,999 (8 bed), 114 Church Street at $1,099,900 (6 bed) and 101 Secord Avenue at $1,175,000 (6 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 61 Wood Street 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 61 Wood Street?
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.
Duplex$999,999124 Church Street, Kitchener8 bed · 5 bathCourtesy of: RE/MAX EXPERTSView home →
Triplex$1,099,900114 Church Street, Kitchener6 bed · 5 bathCourtesy of: RE/MAX TWIN CITY REALTY INC.View home →
Fourplex$1,175,000101 Secord Avenue, Kitchener6 bed · 4 bathCourtesy of: ROYAL LEPAGE WOLLE REALTYView home →Courtesy of: SAM MCDADI REAL ESTATE 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.