$769,900
46 Traynor Avenue, Kitchener, ON N2C 1V9
Listing courtesy of CENTURY 21 MILLENNIUM INC.
$950,000
$1,357 / sq ft1 months on market
A RARE OPPORTUNITY TO OWN A PROPERTY FEATURING THREE LEGAL UNITS in a friendly, established neighbourhood. Whether you're looking for the perfect multi-generational setup, a mortgage helper, or a turnkey investment, this versatile property offers exceptional flexibility. The main level features a bright, open-concept living and dining area filled with natural light, three generously sized bedrooms, and a full bathroom, creating a comfortable space to call home. The finished lower level is a fully self-contained two-bedroom suite complete with its own kitchen, offering privacy and independence for extended family or rental income. Adding even more value is the detached legal one-bedroom accessory dwelling unit, complete with its own kitchen, bathroom, and in-suite laundry, providing a completely separate living space for family, guests, or tenants. Situated on one of the larger lots in the neighbourhood, measuring approximately 52' x 109', the fully fenced backyard offers generous outdoor space for everyone to enjoy. Ideally located on a quiet street close to schools, parks, shopping, public transit, the ION LRT, and major highways, convenience is right at your doorstep. Recent updates include new flooring throughout, custom built-in cabinetry, a 200-amp electrical service, and an on-demand water heater (2021). Live in the spacious main unit while the two additional legal units help offset a significant portion of your monthly living expenses, create an ideal multi-generational living arrangement where everyone can enjoy their own private space, or take advantage of the property's full investment potential with projected rental income of approximately $5,600 per month ($67,200 annually). Vendor Take-Back financing is available with a minimum 30% down payment, providing additional flexibility for qualified buyers. With a projected cap rate of over 6%, this is a rare opportunity for both owner-occupiers and investors in today's market.
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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 50% of comparable multiplex listings in Kitchener are asking less.
Based on 36 comparable active multiplex 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 $950,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD. 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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$769,900
Listing courtesy of CENTURY 21 MILLENNIUM INC.
$999,990
Listing courtesy of HOMELIFE G1 REALTY INC.
$899,900
Listing courtesy of RE/MAX TWIN CITY REALTY INC.
$899,000
Listing courtesy of CENTURY 21 GREEN REALTY INC.
$1,100,000
Listing courtesy of CENTURY 21 PROPERTY ZONE REALTY INC.
$999,999
Listing courtesy of RE/MAX EXPERTS