62 Greendale Crescent

62 Greendale Crescent
62 Greendale Crescent
62 Greendale Crescent
+37
4
 bed
2
 bath
5
 parking
997
 sqft
Duplex
* This unit size is calculated from property.ca data
Sold for
$650,555
Listed for
$660,000
Sold on 
Mar 22, 2026
31 days
 on site
Sold for
$650,555
Listed for
$660,000
* This unit size is calculated from property.ca data
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Size
997 sqft
Lot size
4000 sqft
Street frontage
-
Possession
-
Price per sqft
$653
Taxes
$4,354.87 (2026)
Parking Type
-
Style
Other
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Description
Legal Duplex Investment Every strong portfolio starts with the right property—one that delivers reliable income today while positioning you for long-term growth. 62 Greendale Crescent checks every box. This fully permitted legal duplex offers proven rental performance, strong market demand, and the solid fundamentals investors seek. The upper two-bedroom unit is leased at $2,100 per month, providing immediate, stable cash flow. The lower two-bedroom suite, complete with its own private entrance, is vacant and ready to lease at approximately $1,900–$2,100 per month—or ideal for an in-law setup while maintaining upstairs income. With projected annual rents near $48,000 and manageable operating costs, investors can anticipate a cap rate around 5 percent. With financing near 4 percent, projected cash-on-cash returns fall in the low-to-mid single digits, with realistic potential for positive monthly cash flow—an increasingly rare combination in today’s market. Unlike many listings, this property is fully legally compliant and move-in ready. It features parking for five vehicles, a fenced yard, and a low-maintenance configuration designed for simplicity and stability. Its proximity to schools, shopping, transit, and major highway access further supports consistent tenant demand. Whether you’re entering the investment market or expanding your portfolio, 62 Greendale Crescent offers dependable returns, equity growth, and the confidence to take your next step forward.
Broker: Toronto Real Estate Realty Plus
MLS®#: 40806480
Property details
Parking:
5
Parking type:
-
Property type:
Duplex
Heating type:
Forced Air
Style:
Other
MLS Size:
997 sqft
Lot front:
40 Ft
Lot depth:
100 Ft
Listed on:
Feb 19, 2026
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About 62 Greendale Crescent

62 Greendale Crescent is a Kitchener duplex which was for sale. Asking $660000, it was listed in February 2026, but is no longer available and has been taken off the market (Sold Conditional) on 22nd of March 2026.. This duplex has 4 beds, 2 bathrooms and is 997 sqft.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this duplex.

For those residents of 62 Greendale Cres, Kitchener without a car, you can get around quite easily. The closest transit stop is a Bus Stop (Morgan / Greendale) and is a short distance away connecting you to Kitchener's public transit service. It also has route Morrison nearby.

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