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, Kitchener
$999,997
Welcome to 519 Duke Street W - a modern, legal duplex in the heart of Kitchener's thriving Innovation District. Built in 2016, this purpose-built duplex offers the perfect opportunity for an owner-occupier looking to offset their mortgage with rental income. Move into the spacious upper unit featuring 3 bedrooms, 2 bathrooms, an open-concept layout, and an attached double garage, while the separate lower unit provides immediate income potential. Each suite is completely self-contained with its own private entrance, furnace, hot water tank, A/C, hydro meter, and laundry, offering exceptional privacy and convenience. Enjoy a fully fenced backyard with a large deck, plus a location just minutes from Downtown Kitchener, Uptown Waterloo, the ION LRT, Google, Communitech, D2L, Conestoga College's Downtown Campus, Victoria Park, restaurants, cafés, and countless tech employers. A rare opportunity to enjoy modern living while building equity with rental income.
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| Type | Detached |
| Style | 2 1/2 Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,518 |
| Lot Size | 45.88 ft x 71.01 ft |
| mls© Number | X13552952 |
| Listed By | ENGEL & VOLKERS WATERLOO REGION |
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%
- $5,118
- Property tax
- $377
- Heat allowance
- $150
- Housing costs
- $5,645 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$174,000
gross annual household income
- Payment at 4%
- $4,208 / mo
- Cash down
- $199,999
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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