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26 CARNABY Crescent
homes for sale · Kitchener · Idlewood/Lackner Woods
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$1,130,000

26 CARNABY Crescent

Idlewood/Lackner Woods, Kitchener · MLS® 40841840

835

3,203 sq ft · House · Multi-family · built 1972 · 122 days on market

listed by Goran Petrovic, Royal LePage Wolle Realty

realtor's 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.

property details

type
House, Multi-family
bedrooms
8
bathrooms
3
living area
3,203 sq ft
parking
5
year built
1972
property tax
$7,100 / yr
days on market
122
MLS®
40841840

features

  • Paved driveway
  • Laundry- Coin operated
  • Quiet Area
  • Community Centre

monthly cost

$5,515/mo
Mortgage $4,923 · Tax $592

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$4,923/ monthly
loan $904,000
25-year amortization
total interest
$572,990
cash to close
$226,000
down payment; transfer tax and fees not included
total paid
$1,476,990

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Idlewood/Lackner Woods, KitchenerGoogle Maps ↗

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listed by
Goran Petrovic
Royal LePage Wolle Realty
call Goran · 519-897-9898
Powered by: REALTOR.ca

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location

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0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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