61 Wood St is an 8-bedroom, 6-bathroom multiplex in Kitchener, listed for $1,049,000. It has 3000-3500 sq ft of living space.
1With long-term tenants already in place, this turnkey investment offers dependable cash flow from day one.
2Additional highlights include valuable amenity for both tenants and future owners.
3Major capital improvements have already been completed, including the flat roof (2016), windows (2015), two new screen doors (2018), and one updated unit (2018).
An outstanding opportunity for discerning investors seeking stable income, long-term appreciation, and future potential. Ideally situated in a high-demand central location, this well-maintained fiveplex is within walking distance to the hospital, public transit, shopping, restaurants, and everyday conveniences, an unbeatable combination that continues to attract quality tenants and support strong occupancy. With long-term tenants already in place, this turnkey investment offers dependable cash flow from day one. Each unit and all common areas feature separate hydro meters, helping streamline operating costs and property management. Additional highlights include valuable amenity for both tenants and future owners. Major capital improvements have already been completed, including the flat roof (2016), windows (2015), two new screen doors (2018), and one updated unit (2018). Whether you're expanding your investment portfolio or securing a high-performing multi-family asset in a sought-after location, this is a rare opportunity to own a property that delivers reliable cash flow today while offering exciting possibilities for tomorrow. Located close to healthcare services, grocery stores, reputable schools, restaurants, scenic parks, public transit, and major commuter routes, this is a rare opportunity to acquire a high-performing multi-residential asset in a location that continues to drive tenant demand and long-term value.
8 bedrooms, 6 bathrooms, about 3,000 sq ft, works out to roughly $350 per square foot. Chat with Zara if you'd like a deeper read on whether this multiplex fits your budget and timing.
Inside 61 Wood St
Every detail from the listing, in one place.
Type
Multiplex
Style
2-Storey
Living space
3000-3500 sq ftas stated on the listing
Parking
6 spacesYes garage
Basement
Separate Entrance
Features & systems
Parking & garage
Garage
Yes
Parking spaces
6
Interior
Basement
Separate Entrance
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Multiplex
61 Wood St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14163866$1,049,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 61 Wood St Compares to the Kitchener Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$5,153
/mo
based on the purchase price of $1,049,000
$209,800 cash
$839,200 financed
$706,827 total interest
Principal54%$839,200
Interest46%$706,827
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 61 Wood St
Homes for sale in Kitchener
Every active Kitchener MLS® listing, updated all day.
Average days on market30Homes sold in about 30 days on average.
Sale-to-list ratio100.8%On average, homes sold at or above asking.
Active listings749Homes for sale here right now.
Median vs prior 90 days−1.9%Compared with May 14 – Aug 12, 2026: prices down.
Based on 731 sales from Aug 12 – Nov 10, 2026 (596 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 61 Wood St
How much is 61 Wood St listed for?
61 Wood St is listed at $1,049,000 (MLS® X14163866). Summitly updates the price as soon as the MLS® record changes.
Is $1,049,000 a good price for 61 Wood St?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Kitchener. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 61 Wood St changed?
No — 61 Wood St is still listed at its original asking price of $1,049,000.
How many bedrooms and bathrooms does 61 Wood St have?
61 Wood St has 8 bedrooms and 6 bathrooms, with about 3,000–3,500 square feet of living space. It is a multiplex in Kitchener.
How much would the monthly mortgage be on 61 Wood St?
About $5,153 a month — principal and interest on $1,049,000 with 20% down ($209,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 61 Wood St compare with other homes in Kitchener?
Its asking price of $1,049,000 is about 58% above the median sold price in Kitchener over the last 90 days, $662,000, across 731 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 61 Wood St been sold before?
Summitly has no earlier MLS® sale or lease of 61 Wood St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 61 Wood St?
61 Wood St is in Kitchener, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 61 Wood St been on the market?
1 day — 61 Wood St was listed on November 9, 2026.
What is the price per square foot of 61 Wood St?
About $300 to $350 per square foot: the asking price of $1,049,000 over the 3,000–3,500 sq ft the listing gives as its size range.
Does 61 Wood St have parking or a garage?
Yes — the listing gives 6 parking spaces. Garage: Yes.
Does 61 Wood St have a basement, and is it finished?
The listing describes the basement as: Separate Entrance.
