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New3 days ago

11 Duncairn Avenue

, Kitchener

$799,900

Detached|Bungalow
3 | 2 | 4
About this home

Open house Sunday (September 20th 2-4 pm) Welcome to this fantastic legal duplex in the highly desirable Forest Hill neighbourhood, offering an excellent opportunity for investors, multi-generational living, or homeowners looking to offset their mortgage with rental income. Thoughtfully set up with completely redone electrical and separate hydro meters, each unit provides its own comfortable and functional living space. The spacious main floor unit features 3 generous bedrooms, private laundry, a large living room, formal dining area, and an oversized kitchen with plenty of room for everyday living and entertaining. Step outside to a massive deck overlooking the private, fully fenced backyard, creating a great extension of the living space. The bright lower-level unit offers its own separate entrance, 2 bedrooms plus a versatile den, private laundry, and an impressive modern kitchen complete with granite countertops and a built-in dishwasher. All appliances are included. Located in an established Forest Hill neighbourhood close to shopping, schools, parks, transit, and convenient highway access, this property combines location, versatility, and income potential in one great package. A rare opportunity to own a legal duplex in a sought-after Kitchener community!

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBungalow
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$4,287
Lot Size54 ft x 115 ft
mls© NumberX13801896
Listed ByROYAL LEPAGE WOLLE REALTY

Listing History

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  • 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%
$4,094
Property tax
$357
Heat allowance
$150
Housing costs
$4,602 / mo

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

Down payment20% · $159,980
25-yr amortization

Income needed

$142,000

gross annual household income

Payment at 4%
$3,366 / mo
Cash down
$159,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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