Listings

Property Description

THE UNICORN! Purpose Built Duplex With Accessory/In-Law Suite! 100% VACANT POSSESSION ON CLOSING! Stop fighting old leases and inherited tenants. 253 Sydney St S is a solid brick, purpose-built Legal Duplex + finished basement accessory suite offering the ultimate “Blank Slate” in Kitchener’s desirable Rockway neighborhood. THE OPPORTUNITY: Set your own market rents from Day 1. Perfect for Investors, House-Hackers, or Multi-Generational families. UNIT BREAKDOWN: MAIN UNIT: Vacant. 2-Bed, 1-Bath or 3-Bed. 2-Bath (with in-law suite together). Features backyard access, in-suite with laundry, and a 1-car garage. UPPER UNIT: Vacant. 2-Bed, 1-Bath. Features in-suite laundry and dedicated carport parking. LOWER LEVEL: 1-Bed, 1-Bath accessory suite with laundry. Ideal for extended family or mortgage helper. THE STRATEGY: INVESTORS: Run your own tenant selection and maximize your Cap Rate immediately. Enjoy value add potential with the existing in-law suite to a legal triplex conversion. HOUSE-HACKERS: Live in one unit and let the other two pay your mortgage! MULTI-GENERATIONAL: Separate kitchens, separate laundry, and separate entrances-keep the family close with total privacy. THE LOCATION: Commuter’s dream. Seconds to Hwy 7/8 Expressway, the LRT, Rockway Golf Course, and Downtown Kitchener’s Tech Hub. MECHANICS: Separately metered Hydro between Upper and the Main/Lower units. Gas/Water shared on single meter. Purpose-built multi-unit properties with FULL VACANT POSSESSION premium assets are incredibly rare. Why wait for the next opportunity while the unicorn is right here!

Features
: None
: None
: Finished, Full, Separate Entrance
: Private, Available
: 2-Storey
: Deck, Porch
: Separate Hydro Meter, Auto Garage Door Remote, Water Softener
: Sewer
Address Map
US
ON
Waterloo
Kitchener
N2G 3V8
Sydney
253
Street
W81° 31' 29.3''
N43° 26' 8.2''
R2B
East
Courtland Ave to Sydney St
S
Additional Information
: Brick
: Concrete Block
Financial
1634.78
Listing Information
New
2026-04-08T18:06:12Z
TRREB

For Sale in Waterloo

253 Sydney Street S, Kitchener, ON N2G 3V8

5 Bedrooms
3Bathrooms
$775,000
Listing ID #X12846268
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : X12846268
Price : $775,000
Bedrooms : 5
Bathrooms : 3
Status : Active
Office Name : EXP REALTY
Property Sub Type : Duplex
Roof : Asphalt Shingle
Agent info
Richi Khanna
Pontis Realty Inc., Brokerage
Contact Agent