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Investment signal

$725,000

251 SHELDON AVENUE N

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Beds

5

Baths

2

Sqft

Year

Type

Single Family

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Kitchener. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Welcome to this exceptional legal duplex bungalow tucked away on a quiet, family-friendly cul de sac in the desirable East Ward. Offering the perfect blend of comfort, style, and income potential, this property is an ideal opportunity for homeowners and savvy investors alike. Step inside the bright and inviting main level, featuring 3 spacious bedrooms, updated flooring throughout, and a beautifully renovated kitchen complete with stainless steel appliances, a massive double sink, breakfast bar, and ample space for a family dining area. The open, functional layout is perfect for both everyday living and entertaining. From downstairs, walk out to your private rear deck, overlooking a huge patio-a peaceful retreat with plenty of room to relax or host summer gatherings. A charming front porch adds even more space to unwind and enjoy the quiet surroundings. The fully finished lower level offers a 2-bedroom in-law suite with its own kitchen, living area, 3-piece bath, and walk-out to the backyard, making it ideal for extended family or generating rental income. The location that can't be beat-just minutes to shopping, transit,expressway access, and all major amenities. Whether you're looking for a comfortable home with room for family or a smart investment with strong income potential, this property truly delivers. (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Structure
House
Common interest
Freehold
Lot dimensions
58.4 x 136.3 FT ; x 136.25 x 53.53 x 123.98
Bedrooms
3 above grade, 2 below grade
Parking
3 total
Stories
1
On market
Apr 29, 2026
Status changed
Apr 29, 2026
Annual tax
$4,491 (2025)
Zoning
R2B
Photos
44
MLS#
X13060026
Area
KITCHENER

Features and systems

Parking

No Garage

Basement

FinishedApartment in basementSeparate entranceWalk outN/AN/AN/A

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

Natural gasCoil Fan

Cooling

Central air conditioning

Exterior

Brick

Foundation

Poured Concrete

Lot

Irregular lot sizeGuest SuiteIn-Law Suite
Negative cash flow ~$814/mo at these assumptions

Cash on cash

-6.73%

Cap rate

3.52%

GRM

16.7

Break-even rent

$4,481

Financing

Down payment$145,000
Loan amount$580,000
Mortgage$2,939/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$332
Insurance$80
Maintenance$604
CapEx reserve$302
Vacancy loss$181

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Kitchener. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $2,939/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 29, 2026.

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