26 Carnaby Crescent Kitchener, Ontario N2A 1M7

8 Bedroom 3 Bathroom 3,203 sqft
Wall Unit Other

$1,130,000

Rare purpose-built triplex on one of the largest lots in the neighbourhood! Welcome to 26 Carnaby Crescent, a solid all-brick triplex located in the highly desirable Lackner Woods/Idlewood community of Kitchener. Opportunities like this are becoming increasingly difficult to find. Whether you’re an investor looking to expand your portfolio or an owner-occupier seeking mortgage-supporting rental income, this property offers exceptional value in a prime location. The building features two spacious 3-bedroom apartments and one 2-bedroom apartment, appealing to a wide range of tenants and helping support strong long-term rental demand. All units are currently tenanted, generating high gross rental income. Each unit is separately metered for hydro, while a brand-new, owned combo tankless boiler, 06/2026, provides efficient heating & added peace of mind for years to come. Set on an extraordinary pie-shaped lot, this property features approximately 171 feet across the rear lot line and depths of approximately 157 feet and 213 feet, making it one of the largest lots on Carnaby Crescent. Backyard offers a unique setting rarely found with multi-residential properties & presents exceptional long-term potential. Major improvements over the years include windows (2010), roof (2016), front balconies, railings and balcony flooring (2016), along with a brand-new owned boiler installed in June 2026. Ideally situated in a quiet residential neighbourhood surrounded by parks, walking trails and mature trees, tenants enjoy convenient access to schools, shopping, restaurants, public transit, the Grand River, Stanley Park amenities, Tim Hortons, Starbucks, the Kitchener Public Library, community pool and quick access to Highway 401.Purpose-built triplexes in established neighbourhoods are always in demand. Combine that with a lot of this size, strong rental income, extensive updates and an excellent location, and you have a rare investment opportunity with tremendous long-term potential. (id:15069)

Property Details

MLS® Number 40841840
Property Type Multi-family
Neigbourhood Idlewood
Amenities Near By Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Community Features Quiet Area, Community Centre
Features Paved Driveway, Laundry- Coin Operated
Parking Space Total 5
Structure Shed

Building

Bathroom Total 3
Bedrooms Total 8
Basement Development Finished
Basement Type Full (finished)
Constructed Date 1972
Cooling Type Wall Unit
Exterior Finish Brick
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Other
Stories Total 2
Size Interior 3,203 Sqft
Type Triplex
Utility Water Municipal Water

Parking

Open

Land

Access Type Highway Access
Acreage No
Land Amenities Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Frontage 39 Ft
Size Total Text Under 1/2 Acre
Zoning Description Res-4

https://www.realtor.ca/real-estate/29950545/26-carnaby-crescent-kitchener

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