For sale

I don't have enough recent comparable sales to call this one's price, but new this week. Here's everything I've got on it — ask me anything.

Kitchener · Waterloo Region

61 Wood Street

Multiplex

MLS® #X14163866

Listed for$1,049,0003 days on market

8 bed 7 bath 6 parking 3000-3500 sq ft~$323/sq ft

New this week
4 schools within 1 km
Transit stop ~90 m

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Is $1,049,000 a fair price?

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Est. all-in monthly~$5,603/momortgage + property tax + maintenance · 20% down · example rate (compounded semi-annually) — the math on the list price, not a quote or what you can afford. For real rates, Alex can connect you with a mortgage pro.

On the map

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This home below comps above in lineOpen full map →

4 schools within ~1 km · nearest transit stop ~0.09 km

Property information

What house buyers ask first

Lot size: 38.3 × 139 ft
Square footage: 3000-3500 sq ft
Property tax: $8,669 / yr
Parking: 6 spaces · Detached
Basement: Separate Entrance

Property summary

Property type: Multiplex
Style: 2-Storey
Lot size: 38.3 × 139 ft
Parking: 6 spaces · Detached
Heating: Radiant
Air conditioning: None
Basement: Separate Entrance
Kitchens: 5
Exterior: Brick
Property tax: $8,669 / yr
MLS®: X14163866

As stated by the MLS®, nothing inferred.

Nearby homes for sale

Below-comps first · all nearby homes shown, not just the good-value ones.

Detached

$599,000

Below recent sales

121 Park Street

2+1 bed · 3 bath·1100-1500 sq ft·2 parking

Kitchener · Waterloo Region

Listed 14 days ago · Forest Hill Real Estate Inc.

Detached

$680,000

Above recent sales

138 GLASGOW Street

3 bed · 2 bath·1100-1500 sq ft·3 parking

Kitchener · Waterloo Region

Listed 6 days ago · Homelife Landmark Realty Inc.

Listing states: renovated

Condo Apartment

$349,900

Above recent sales

741 King Street W, Unit 812

1 bed · 1 bath·600-699 sq ft·1 parking·$425/mo fee

Kitchener · Waterloo Region

Listed 13 days ago · Unity Realty Brokerage Inc

Detached

$689,900

Above recent sales

11 Rock Avenue

2 bed · 2 bath·700-1100 sq ft·3 parking

Kitchener · Waterloo Region

Listed 17 days ago · Realty World Legacy

Condo Apartment

$349,000

Above recent sales

741 King Street, Unit 1302

1 bed · 1 bath·600-699 sq ft·1 parking·$425/mo fee

Kitchener · Waterloo Region

Listed 23 days ago · RE/MAX Gold Realty Inc.

Condo Apartment

$479,900

Above recent sales

539 Belmont Avenue W, Unit 307

2 bed · 2 bath·1000-1199 sq ft·2 parking·$650/mo fee

Kitchener · Waterloo Region

Listed 13 days ago · RE/MAX Twin City Realty Inc.

The numbers that matter

Property tax: $8,669/yr
Est. all-in: ~$5,603/mo

Nearby rental listings are facts. Whether it works as a rental is a chat with Alex — not a number I’ll put on it.

Schools

Schools near this home, closest first by straight-line distance. These are factual locations — AskEmma doesn’t rate or rank schools.

Kitchener Waterloo Collegiate and Vocational SchoolPublic · Secondary · Waterloo Region DSB0.4 km
King Edward Public SchoolPublic · Elementary · Waterloo Region DSB0.6 km
St John Catholic Elementary SchoolCatholic · Elementary & Secondary · Waterloo CDSB0.8 km
Westmount Public SchoolPublic · Elementary · Waterloo Region DSB0.9 km
Elizabeth Ziegler Public SchoolPublic · Elementary · Waterloo Region DSB1.1 km
Our Lady of Lourdes Catholic Elementary SchoolCatholic · Elementary & Secondary · Waterloo CDSB1.4 km

Locations: Open Database of Educational Facilities (ODEF), Statistics Canada v2.1 (2022) · Open Government Licence – Canada. School locations as of 2022 — confirm current catchment and enrolment with the school board. For official provincial results, check EQAO.

Getting around

Public transit near this home, by straight-line distance. Factual locations from OpenStreetMap — not walking time, and not a rating.

Park / WoodNearest transit · Bus stop~90 m
KitchenerNearest GO / rail · GO / regional rail~1.6 km

Locations: OpenStreetMap public-transit stops, © OpenStreetMap contributors · Open Database Licence (ODbL). Stop locations from OpenStreetMap — confirm current routes and service with the transit agency.

Community — Kitchener

$625KMedian sold

29Median days on market

100.7%Sale-to-list

Median sold price · Kitchener1-yr -7% · 3-yr —

Source: TRREB sold data via Repliers · all property types

Neighbourhood demographics — Kitchener

256,885Population (2021)

37.2Median age

$87,000Median household income

59.7%Home owners

40.3%Renters

2.6Avg household size

Source: Statistics Canada, 2021 Census

Description & details

An outstanding opportunity for discerning investors seeking stable income, long-term appreciation, and future potential. Ideally situated in a high-demand central location, this well-maintained fiveplex is within walking distance to the hospital, public transit, shopping, restaurants, and everyday conveniences, an unbeatable combination that continues to attract quality tenants and support strong occupancy. With long-term tenants already in place, this turnkey investment offers dependable cash flow from day one. Each unit and all common areas feature separate hydro meters, helping streamline operating costs and property management. Additional highlights include valuable amenity for both tenants and future owners. Major capital improvements have already been completed, including the flat roof (2016), windows (2015), two new screen doors (2018), and one updated unit (2018). Whether you're expanding your investment portfolio or securing a high-performing multi-family asset in a sought-after location, this is a rare opportunity to own a property that delivers reliable cash flow today while offering exciting possibilities for tomorrow. Located close to healthcare services, grocery stores, reputable schools, restaurants, scenic parks, public transit, and major commuter routes, this is a rare opportunity to acquire a high-performing multi-residential asset in a location that continues to drive tenant demand and long-term value.

The data only goes so far — condition, light and layout are worth seeing in person, with a home inspection, before you commit.

Listed by SAM MCDADI REAL ESTATE INC.. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.