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46 Shanley Street

, Kitchener

$849,900

Detached|2-Storey
6 | 3 | 4
About this home

Endless possibilities await with this unique Midtown property! Situated on an impressive 62 x 150 ft lot, this spacious home is currently configured as two separate side-by-side 2-storey residences, each featuring private front and rear entrances along with separate driveways. The seller has already completed many of the steps toward creating two semi-detached homes, with only separate water and sewer lines remaining. This property also offers excellent potential as a multi-family investment, making it an outstanding opportunity for future development or rental income in a highly desirable area. Perfect for multi-generational living, an in-law setup, or large families seeking both togetherness and privacy, each unit provides generous living space and flexibility to suit a variety of needs. Opportunities like this are rare. With the right vision and updates, this property could become an exceptional long-term investment. Priced with improvements in mind. Don't miss your chance - book your private showing today!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age100+
Size2000-2500 sq. ft.
Property Tax$4,354
Lot Size62.5 ft x 147 ft
mls© NumberX13101594
Listed ByMcIntyre Real Estate Services Inc.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,350
Property tax
$363
Heat allowance
$150
Housing costs
$4,863 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $169,980
25-yr amortization

Income needed

$150,000

gross annual household income

Payment at 4%
$3,577 / mo
Cash down
$169,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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