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Chris Adams

chris.adams@easyhometeam.ca +1(519) 804-1978

Listed by Goran Petrovic • Royal LePage Wolle Realty

$ 1,130,000

Est. payment | -/mo

8 Beds

3 Baths

2,312 SqFt

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$ 1,130,000

Est. payment | -/mo

Save

8 Beds

3 Baths

2,312 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-3 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 2,312 sqft

Price per Sqft $488

MLS Listing ID 40841840

Bedrooms 8

Abv Grd Liv Area 3,203

Year Built 1972

Annual Tax Amount $7,100

Property Sub-Type Multi-3 Unit

Source Cornerstone

Property Description

Rare purpose-built triplex on one of the largest lots in the neighbourhood! Welcome to 26 Carnaby Crescent, a solid all-brick triplex located in the highly desirable Lackner Woods/Idlewood community of Kitchener. Opportunities like this are becoming increasingly difficult to find. Whether you're an investor looking to expand your portfolio or an owner-occupier seeking mortgage-supporting rental income, this property offers exceptional value in a prime location. The building features two spacious 3-bedroom apartments and one 2-bedroom apartment, appealing to a wide range of tenants and helping support strong long-term rental demand. All units are currently tenanted, generating high gross rental income. Each unit is separately metered for hydro, while a brand-new, owned combo tankless boiler, 06/2026, provides efficient heating & added peace of mind for years to come. Set on an extraordinary pie-shaped lot, this property features approximately 171 feet across the rear lot line and depths of approximately 157 feet and 213 feet, making it one of the largest lots on Carnaby Crescent. Backyard offers a unique setting rarely found with multi-residential properties & presents exceptional long-term potential. Major improvements over the years include windows (2010), roof (2016), front balconies, railings and balcony flooring (2016), along with a brand-new owned boiler installed in June 2026. Ideally situated in a quiet residential neighbourhood surrounded by parks, walking trails and mature trees, tenants enjoy convenient access to schools, shopping, restaurants, public transit, the Grand River, Stanley Park amenities, Tim Hortons, Starbucks, the Kitchener Public Library, community pool and quick access to Highway 401.Purpose-built triplexes in established neighbourhoods are always in demand. Combine that with a lot of this size, strong rental income, extensive updates and an excellent location, and you have a rare investment opportunity with tremendous long-term potential.

Location

Province ON

County Waterloo

Area 2 - Kitchener East

Zoning RES-4

Direction OTTAWA ST N/OLD CHICOPEE DRIVE/HOLBORN DRIVE

Rooms

Other Rooms Shed(s)

Basement Full, Finished

Kitchen 0

Interior

Interior Features Built-In Appliances

Heating Natural Gas, Other

Cooling Wall Unit(s)

Fireplace No

Appliance Instant Hot Water, Hot Water Tank Owned, Dishwasher, Refrigerator, Stove

Laundry Coin Operated, Common Area, Shared

Exterior

Exterior Feature Balcony, Controlled Entry

Parking Features Asphalt

Roof Type Asphalt Shing

Lot Frontage 39.0

Garage No

Building

Lot Description Pie Shaped Lot, Ample Parking, Highway Access, Library, Park, Place of Worship, Playground Nearby, Public Transit, Quiet Area, Rec./Community Centre, Schools, Shopping Nearby

Faces OTTAWA ST N/OLD CHICOPEE DRIVE/HOLBORN DRIVE

Story 2

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 2

Structure Type Brick

New Construction No

Others

Senior Community No

Tax ID 225510044

Ownership Freehold/None

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Chris Adams

Broker

chris.adams@easyhometeam.ca

+1(519) 804-1978

1440 King Street North St. Jacobs, ON, N0B, 2N0, CAN

26 Carnaby Crescent Kitchener, ON N2A 1M7

Chris Adams

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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26 Carnaby Crescent