No photos available
Investment signal

$1,145,000

109 ETON DRIVE

Beds

5

Baths

3

Sqft

Year

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

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. (id:65958)

Subtype
Multi-family
Structure
Triplex
Lot dimensions
68.6 x 124 FT ; 120.58x39.18x124.07x68.55
Bedrooms
5 above grade
Parking
6 total
On market
Apr 13, 2026
Status changed
Apr 13, 2026
Annual tax
$5,386 (2025)
Zoning
R2
Photos
49
MLS#
X12989618
Area
KITCHENER

Features and systems

Parking

No Garage

Basement

FinishedFull

Appliances

WasherRefrigeratorStoveDryerWater Heater

Heating

Natural gasCoil Fan

Cooling

None

Exterior

Brick

Foundation

Poured Concrete

Lot

Irregular lot size

Utilities

Sewer

Security

Smoke Detectors
Negative cash flow ~$2,217/mo at these assumptions

Cash on cash

-11.62%

Cap rate

3.57%

GRM

16.7

Break-even rent

$8,059

Financing

Down payment$229,000
Loan amount$916,000
Mortgage$5,620/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$525
Insurance$80
Maintenance$954
CapEx reserve$477
Vacancy loss$286

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.

Lifestyle 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 $5,620/mo at 5.49% with 20% down, 25-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 13, 2026.

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