Welcome to 23 Down Creek Street, Kitchener, a rare legal duplex backing onto a beautiful conservation area, offering an exceptional blend of space, income potential, and lifestyle. Surrounded by nature and filled with natural light, this home is ideal for families, multi-generational living, or investors looking for a strong mortgage helper. The main residence features 4 spacious bedrooms and 2 full bathrooms, thoughtfully laid out for everyday comfort. The main floor impresses with a large, open kitchen complete with a huge island, perfect for entertaining, along with a generous dining area that comfortably seats up to 10 people. The bright living room, highlighted by a stone fireplace, creates a warm and inviting atmosphere with plenty of windows throughout. Upstairs, you'll find 4 generously sized bedrooms, upper-floor laundry, and well-appointed bathrooms, making daily living convenient and functional for a busy household. The fully furnished walk-out basement apartment includes 2 bedrooms and 1 full bathroom, a separate entrance, and is ready to rent, offering an income potential of up to $2,000 per month. This space is ideal for extended family, guests, or tenants while maintaining privacy for both units. The home boasts a massive backyard with unobstructed views of the conservation area, filled with wildlife and natural beauty. Enjoy over 700 sq. ft. of upper deck space with elegant glass railings, perfect for taking in the views, along with an additional 700+ sq. ft. lower deck for tenants or extended family to enjoy. Additional features include a double-car garage which is one foot wider than the standard, triple-car driveway, central vacuum system and excellent curb appeal. Conveniently located close to Conestoga College, steps to public transit, and minutes from schools, shopping, restaurants, trails, and all amenities, with easy access to Hwy 401 for commuters. This is a rare opportunity to own a income-generating property in a sought-after location.
Under Contract:
Hot Water Heater
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
2-Storey
Approx. Age:
6-15
Total Approx Floor Area:
1500-2000
Lot Size:
<.50
Lot Depth:
105'2"32.1 m
Lot Frontage:
38'1½"11.6 m
Direction Faces:
South
Bedrooms:
4+2
Bathrooms:
4.0
Water supply:
Municipal
Kitchens:
2
Kitchens in Basement:
1
Bedrooms Above Grade:
4
Bedrooms Below Grade:
2
Kitchens Above Grade:
1
Rooms Above Grade:
7
Rooms Below Grade:
4
Zoning:
R3
Heating type:
Forced Air
Heating Fuel:
Gas
Fireplaces:
2
Foundation:
Poured Concrete
Roof:
Asphalt Shingle
Basement:
Separate Entrance, Finished with Walk-Out, Full
Fireplace/Stove:
Yes
Garage:
Attached
Garage Spaces:
2.0
Parking Features:
Private Triple
Parking Spaces:
3
Total Parking Spaces:
5.0
Family Room:
No
Possession Details:
Flexible
Lot Irregularities:
26.82ftx11.36ftx105.76 ftx44.94x105.18
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included In
Assessment:
$496,000
Assessment Year:
2025
Taxes:
$6,729 /
2025
Assessment:
$496,000.00 /
2025
Waterloo
Kitchener
Public Transit, School Bus Route, School, Rec./Commun.Centre
Water Softener, Water Heater, Central Vacuum
Hot Water Heater
Dishwasher, Dryer, Refrigerator, Stove, Washer, Window Coverings. Refrigerator, stove, dishwasher, washer and dryer in the basement. Basement comes with furnitures except tents belongings.Please be in touch with the listing agent for details.
Data was last updated February 2, 2026 at 03:15 PM (UTC)
Area Statistics
Listings on market:
191
Avg list price:
$859,000
Min list price:
$475,000
Max list price:
$3,550,000
Avg days on market:
44
Min days on market:
1
Max days on market:
627
These statistics are generated based on the current listing's property type
and located in
Kitchener. Average values are
derived using median calculations. This data is not produced by the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.