$1,145,000
For sale: Multiplex

A remarkable investment opportunity located in the heart of the highly sought-after Rosemount neighborhood in Kitchener. This rare and meticulously maintained triplex offers an incredible turnkey solution for seasoned investors, or a perfect multi-generational living arrangement for families looking to share a roof while maintaining their own private spaces. Situated in a quiet, mature family neighborhood, this property provides the ideal balance of residential charm and urban convenience. The building is thoughtfully configured with two spacious 2-bedroom units and one bright 1-bedroom unit, ensuring a versatile rental mix that caters to a wide range of high-quality tenants. One of the standout features of this property is its exceptional location. Commuters will appreciate the incredibly close proximity to the Expressway and the Highway 7 Victoria Street ramp, allowing for effortless travel across the Region and beyond. Residents are just minutes away from local schools, parks, shopping, and downtown Kitchener's vibrant core. Beyond the units themselves, the property is designed for maximum functionality and income potential. A common coin-operated laundry area is available for residents, providing a convenient amenity while generating additional monthly revenue for the owner. Parking is never a concern here, as the deep driveway and layout provide ample space for up to 6 vehicles-a significant asset for a multi-unit dwelling in this area. Whether you are looking to bolster your investment portfolio with a solid, cash-flowing asset or seeking a strategic home that allows your extended family to live together comfortably. Properties of this caliber in the Rosemount area are seldom available; take advantage of this chance to secure a high-demand piece of real estate in one of Kitchener's most established communities. Experience the peace of mind that comes with a well-located, turnkey triplex and start building your equity today in this prime location.
Sold data
Multiplex homes in Kitchener took a median of 32 days to sell over the last 365 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 65, across 43 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 54 days.
The median sale price was $760,000.
Homes sold for about 3.2% below asking on average, so there was room to negotiate.
About 23% of sales closed above the list price.
Around 21% of sellers reduced their price before finding a buyer.
Based on 43 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Kitchener has 66 Fraser Institute–rated schools (57 elementary and 9 secondary), averaging 5.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$899,900
Detached51 MURRAYHILL COURT, Kitchener

$1,399,900
Detached905 MARIGOLD COURT, Kitchener

$899,900
Detached24 WEATHERALL AVENUE, Cambridge

$1,149,000
Detached93 LAUCHLIN CRESCENT, Georgetown, Halton Hills

$1,099,999
Detached1473 ELM ROAD, 1003 - CP College Park, Oakville

$1,149,900
Detached117 HIGHWAY 8, Greensville, Hamilton

$1,339,000
Detached537 MILLSTREAM DRIVE, Waterloo

$1,099,000
Detached402 PALAMINO PLACE, Waterloo