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Kitchener · Downtown Kitchener/East Ward · Multi-family · MLS# 40828281

251 SHELDON Avenue N

$725,000

3

bed

1

bath

1,520

sqft

Multi-family · $477/sqft

Listed May 7, 2026

About this home.

Welcome to this exceptional legal duplex bungalow tucked away on a quiet, family-friendly cul de sac in the desirable East Ward. Offering the perfect blend of comfort, style, and income potential, this property is an ideal opportunity for homeowners and savvy investors alike. Step inside the bright and inviting main level, featuring 3 spacious bedrooms, updated flooring throughout, and a beautifully renovated kitchen complete with stainless steel appliances, a massive double sink, breakfast bar, and ample space for a family dining area. The open, functional layout is perfect for both everyday living and entertaining. From downstairs, walk out to your private rear deck, overlooking a huge patio—a peaceful retreat with plenty of room to relax or host summer gatherings. A charming front porch adds even more space to unwind and enjoy the quiet surroundings. The fully finished lower level offers a 2-bedroom in-law suite with its own kitchen, living area, 3-piece bath, and walk-out to the backyard, making it ideal for extended family or generating rental income. The location that can’t be beat—just minutes to shopping, transit, expressway access, and all major amenities. Whether you’re looking for a comfortable home with room for family or a smart investment with strong income potential, this property truly delivers. Property Manager projects rent at $2300/month for the upper unit, $1700/month for the bottom unit. (id:59491)

The full record.

Property typeMulti-family
Square footage1,520 sqft
Lot size0
Bedrooms3
Bathrooms1
HeatingForced air,, ,Natural gas
CoolingCentral air conditioning
ListedMay 7, 2026

How this listing prices against Downtown Kitchener/East Ward.

7

Sales

$771,000

Median price

22

Days on market

94.0%

% of list

87

Active listings

N/A

Months supply

Downtown Kitchener/East Ward had 9 sales and 83 active listings, making it one of the looser markets in the city. The average sale price was $703,767, close to the city median, but homes took 37 days to sell and closed at 96.65 percent of list, which signals slower absorption. This neighbourhood is clearly split between a firmer freehold segment and a much heavier condo inventory. Buyers have choice here, especially in apartments.

Read the full Kitchenerreport →

Estimate the monthly carry.

Down payment
%($145,000)
Mortgage rate
%
Amortization
years

Estimated monthly payment

$3,320

Principal$580,000
Total interest$416,012
Total paid$996,012

Estimate only. Excludes property tax, condo fees, and insurance.

Questions on this property?

Neso Basara

RE/MAX Icon Realty

Waterloo Region

Use the chat button to message me directly.

Or email me at neso@basara.ca

251 SHELDON Avenue N, Kitchener — $725,000 | Basara