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Listed 12 days ago

169 Bruce Street

, Kitchener

$749,900

Detached|Bungalow
3 | 2 | 6
About this home

Legal Duplex with Strong Income Potential on a corner lot! This well-maintained, fully vacant upper unit offers an excellent opportunity for buyers looking to live comfortably while generating rental income from the already-tenanted lower unit. Each unit features 3 bedrooms, 1 bathroom, a full kitchen, separate entrance, and dedicated parking. The property also features a standalone double car garage, providing valuable additional space and convenience. The upper unit is move-in ready, allowing the new owner to make it their home while benefiting from rental income from the lower unit. Ideally located close to schools, shopping, parks, public transit, and major highway access, this property offers the perfect combination of homeownership, income potential, and long-term investment value. A fantastic opportunity for first-time buyers, investors, or anyone looking to offset their mortgage while owning a versatile income property.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,757
Lot Size61 ft x 111 ft
mls© NumberX13757540
Listed ByRE/MAX TWIN CITY REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,838
Property tax
$396
Heat allowance
$150
Housing costs
$4,385 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $149,980
25-yr amortization

Income needed

$135,000

gross annual household income

Payment at 4%
$3,156 / mo
Cash down
$149,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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