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450 HIGHLAND Road E
homes for sale · Kitchener · Forest Hill
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$675,000

450 HIGHLAND Road E

Forest Hill, Kitchener · MLS® 40869736

425

1,554 sq ft · House · Single Family · built 1957 · 17 days on market

listed by Sylvia Eckert, Royal LePage State Realty Inc.

realtor's description

Exceptional opportunity to own a beautifully updated legal duplex raised bungalow in a peaceful, desirable neighbourhood. Flexible multi-unit living with the ability to reside in one unit and rent the other, or use both as income-producing rental or Airbnb accommodations. This impressive property features two fully self-contained units, each offering its own private entrance, kitchen, bathroom, and separate hydro meter for excellent flexibility and privacy. The upper unit was completely renovated in 2020 and featurs a bright open-concept layout, updated kitchen with modern appliances, spacious bedrooms, and a beautifully refreshed bathroom. The lower unit, professionally added in 2021, offers a thoughtfully designed two-bedroom suite complete with a stylish kitchen, modern bathroom, and generous storage including two sheds, added in 2023 and 2023, for additional storage for tenants. This turnkey property offers exceptional versatility and strong income potential. Conveniently located close to public transit, major highways, shopping, and 10 minutes to Wilfrid Laurier and Waterloo Universities. As an added bonus, 2 sets of appliances, 2 sheds, and all furniture from the lower unit are included, and upper-level furniture can be negotiated as part of an offer, making this an outstanding move-in-ready investment opportunity. Legal duplexes of this quality and condition rarely come available.

property details

type
House, Single Family
bedrooms
4
bathrooms
2
living area
1,554 sq ft
parking
5
year built
1957
property tax
$3,188 / yr
days on market
17
MLS®
40869736

features

  • Paved driveway
  • Freezer
  • Window Coverings

monthly cost

$3,207/mo
Mortgage $2,941 · Tax $266

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

estimated payment
$2,941/ monthly
loan $540,000
25-year amortization
total interest
$342,273
cash to close
$135,000
down payment; transfer tax and fees not included
total paid
$882,273

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

location

Forest Hill, KitchenerGoogle Maps ↗

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listed by
Sylvia Eckert
Royal LePage State Realty Inc.
call Sylvia · 226-808-2734
Powered by: REALTOR.ca

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location

Forest Hill, KitchenerGoogle Maps ↗
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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