NewOpen Sun 2:00 p.m.
37
NewOpen Sun 2:00 p.m.
37
$895,000
8 Norbert Street, Kitchener, ON N2K 1E6
3 bd
2 ba
1,500 sf
8
2 days on marketMLS® X13771650
Listing courtesy of RE/MAX ESCARPMENT REALTY INC.
$875,000
$1,250 / sq ft2 weeks on market
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Incredible turnkey investment opportunity. A Fully Renovated Legal Duplex located in a desirable Forest Heights, Kitchener neighborhood. 4 spacious bedrooms with 2 washrooms on the Main Floor. 3 bedrooms Legal Basement apartment with separate entrance and 3 ensuite washrooms. Total living floor area of 1,892 square feet including the basement. Thousands spent on the renovations approx. $200K plus. Both units are beautifully designed with high-end finishes, including luxury vinyl flooring, appliances and separate in-suite laundries for both units on the main floor and the basement. Seeing is believing. New floors, New washrooms, New furnace, New AC, New water heater and many many more. Extended new driveway approved by the city which can accommodate 3 vehicles. The old aluminum wiring is replaced with new copper wiring in the whole house. The gas line was replaced from road to the property spent approx. $5K. New front raised concrete porch spent approx. $7K. All brick bungalow in desirable Forest Heights, Kitchener neighborhood close to all amenities, shopping, and schools. 3 season sunroom, garden shed, fenced backyard, and large single garage. Silver Aspen is a prime rental location that will always attract great tenants as it is close to all universities in waterloo. With a gross potential income of approx.$65,000/annum and minimal expenses, this property is a true wealth-builder. Main floor can be rented for $2800 and basement can also be rented for $2600. Live in one unit while renting out the basement as a mortgage helper, or maximize your portfolio with a fully leased option. Please check the attached layout plans approved by the city. All measurements are mentioned in the city approved plans attached. It is the buyer or agent responsibility to verify all measurements. If you need a copy of the city approved plans please ask for the copy to verify all the measurements and legal status of the property. Open house on September 13, 2026 from 2 - 4 pm.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 59% of comparable detached listings in Kitchener are asking less.
Based on 95 comparable active detached listings in Kitchener. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $875,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of KINGSWAY REAL ESTATE. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
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