$799,950 - 204 Holborn Drive, Kitchener
Multi-Family for Sale in Kitchener
44 days on marketWant to see this home in person?
Book a private showing with Joe — pick a day and time that works for you.
- MLS Number
- X13706060
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 44
- Bedrooms
- 6
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Kitchener
- Taxes (2026)
- $4,471
- Listing Brokerage
- RIGHT AT HOME REALTY
Discover the possibilities at this legal duplex in the sought-after Stanley Park neighbourhood. Offering two fully self-contained units, each with 3 bedrooms, a 4-piece bathroom, kitchen, living space and separate laundry, this property provides an excellent combination of flexibility, space and income potential. The finished lower level features a separate entrance, making both units functional and private for occupants.Whether you're a first-time buyer looking to offset your mortgage, a multi-generational family seeking additional living space, or an investor looking to add a versatile property to your portfolio, this duplex offers multiple possibilities. With approximately 1,258 sq. ft. above grade and 861 sq. ft. of finished lower-level space, there is plenty of room for comfortable living.The property also offers 4 dedicated parking spaces, with 2 spaces allocated per unit, along with a generous lot and outdoor space. Ideally situated close to schools, shopping, public transit, places of worship and Breithaupt Community Centre, with convenient access to major routes and Highway 401. A great opportunity to own a move-in-ready legal duplex in an established Kitchener neighbourhood. **Please Note Some photos Have Been Virtually Staged for Presentation Purposes**
Estimate your monthly payments for this property
Estimated Payment
$4,104.16/mo
Includes CMHC insurance ($22,319)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Kitchener
Kitchener is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Kitchener
- •Convenient location in Kitchener
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Kitchener offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
204 Holborn Drive, Kitchener
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $727/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 44 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Kitchener.
Investment Perspective
Looking at this as an investment: Kitchener properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.