<-- style PDP --> 62 Greendale Crescent, Kitchener - Duplex for sale for $660,000
  • sold

62 Greendale Crescent

Kitchener, Ontario, N2A 2R6 -

$660,000$000000

  • Neighbourhood

  • Major Intersection

    Morgan Ave turn to Greendale Cres

  • Listed Since: 74 day(s)

  • Last update: 39 day(s) ago

Overview

  • Property Type

    Duplex, Bungalow

  • Bedrooms

    2 + 2

  • Bathrooms

    2

  • Basement

    Full

  • Kitchen

    1 + 1

  • Total Parking

    5 (1 Carport Garage)

  • Lot Size

    40x100 (Acres)

  • Taxes

    $4,354.87 (2026)

  • Type

    Freehold

Property Description

Property description for 62 Greendale Crescent, Kitchener

Legal Duplex Investment Every strong portfolio starts with the right property-one that delivers reliable income today while positioning you for long-term growth. 62 Greendale Crescent checks every box. This fully permitted legal duplex offers proven rental performance, strong market demand, and the solid fundamentals investors seek. The upper two-bedroom unit is leased at $2,100 per month, providing immediate, stable cash flow. The lower two-bedroom suite, complete with its own private entrance, is vacant and ready to lease at approximately $1,900-$2,100 per month-or ideal for an in-law setup while maintaining upstairs income. With projected annual rents near $48,000 and manageable operating costs, investors can anticipate a cap rate around 5 percent. With financing near 4 percent, projected cash-on-cash returns fall in the low-to-mid single digits, with realistic potential for positive monthly cash flow-an increasingly rare combination in today's market. Unlike many listings, this property is fully legally compliant and move-in ready. It features parking for five vehicles, a fenced yard, and a low-maintenance configuration designed for simplicity and stability. Its proximity to schools, shopping, transit, and major highway access further supports consistent tenant demand. Whether you're entering the investment market or expanding your portfolio, 62 Greendale Crescent offers dependable returns, equity growth, and the confidence to take your next step forward.

Listed by Toronto Real Estate Realty Plus Inc

  • MLS #

    X12805496

  • Sq. Ft

    700-1100

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    Private

  • Garage

    Carport, 1 spaces

  • Total Parking

    5

  • Family Room

    N

  • Den

    N

  • Exterior

    Alum Siding

  • Fireplace

    N

  • Roof

    Asphalt Shingle

  • Foundation

    Poured Concrete

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Forced Air

  • A/C

    Central Air

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

  • Living

    5.41 x 5.26 ft Main level

  • Kitchen

    6.4 x 3.05 ft Main level

  • Br

    3.53 x 2.44 ft Main level

  • 2nd Br

    3.53 x 3.2 ft Main level

  • Bathroom

    2.24 x 1.5 ft Main level

    4 Pc Bath

  • Kitchen

    7.7 x 3.28 ft Lower level

  • 3rd Br

    4.72 x 3.28 ft Lower level

  • 4th Br

    3.86 x 2.41 ft Lower level

  • Bathroom

    2.79 x 1.5 ft Lower level

    3 Pc Bath

  • Other

    1.75 x 1.47 ft Lower level

  • Utility

    6.25 x 3.89 ft Lower level

  • MLS #

    X12805496

  • Sq. Ft

    700-1100

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    Private

  • Garage

    Carport, 1 spaces

  • Total Parking

    5

  • Family Room

    N

  • Den

    N

  • Exterior

    Alum Siding

  • Fireplace

    N

  • Roof

    Asphalt Shingle

  • Foundation

    Poured Concrete

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Forced Air

  • A/C

    Central Air

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

  • Living

    5.41 x 5.26 ft Main level

  • Kitchen

    6.4 x 3.05 ft Main level

  • Br

    3.53 x 2.44 ft Main level

  • 2nd Br

    3.53 x 3.2 ft Main level

  • Bathroom

    2.24 x 1.5 ft Main level

    4 Pc Bath

  • Kitchen

    7.7 x 3.28 ft Lower level

  • 3rd Br

    4.72 x 3.28 ft Lower level

  • 4th Br

    3.86 x 2.41 ft Lower level

  • Bathroom

    2.79 x 1.5 ft Lower level

    3 Pc Bath

  • Other

    1.75 x 1.47 ft Lower level

  • Utility

    6.25 x 3.89 ft Lower level

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

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estimate your home value

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Manoj profile avatar

Property History

Property history for 62 Greendale Crescent, Kitchener

This property has been sold 4 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

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Estimated price

Date
Price
Change
2026-02-20
$711,858
1.60%

Inventory Graph

10 9 8 7 6 5 4 3 2 1 0 3 Months of inventory SELLER'S Market BALANCED Market BUYER'S Market

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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Down Payment(%)*

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

Manoj profile avatar

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