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805 Rockway Drive, Kitchener, ON N2G 3B6

4 beds · 2 baths · 2 kitchens · 12 rooms · 4 parking spaces · 1100-1500 sq ft · Duplex
$829,900
Property tax
$4,766 / year

Amazing turnkey investment opportunity with this fully renovated legal duplex located in the desirable Rockway Gardens area of Kitchener. Whether you're an investor looking for a strong income property or a homeowner wanting a mortgage helper, this property offers flexibility, quality, & long-term value. The duplex features a 3-bedroom, 1-bathroom upper unit & a 1-bedroom + Den, 1-bathroom lower unit. Each unit has separate parking, separate utilities, its own storage locker, private laundry, & its own fully fenced backyard space with a deck, providing excellent privacy for tenants. Completely gutted & renovated in 2022, this property was rebuilt with long-term durability in mind. No expense was spared during the renovation, & the home is topped with a steel roof for added peace of mind. The upper unit features luxury vinyl flooring throughout, a modern kitchen with granite countertops, a 4-piece bathroom, 3 bedrooms with a spacious primary bedroom with a large walk-in closet, & its own laundry room. The lower unit also features luxury vinyl flooring throughout, a kitchen with granite countertops, a den with a built-in desk that is ideal for a home office or study area, a bedroom, private laundry, & a 3-piece bathroom with heated floors. The furnace, hot water systems, water softeners, electrical panels, & utility equipment are conveniently located in a common utility room for easy access & maintenance. Outside, the property includes 3 surface parking spots, a 1-car garage, 2 private storage lockers, & separate fully fenced backyard spaces for each unit, making it an attractive option for tenants. Located in the sought-after Rockway Gardens neighbourhood, this property is minutes from Rockway Golf Course, parks, schools, walking trails, Fairview Park Mall, grocery stores, restaurants, public transit, & the ION LRT. Commuters will appreciate the quick access to Highway 7/8 & Highway 401.

MLS number
X13565824
Type
Duplex
Status
Active
Bedrooms
4
Bathrooms
2
Postal code
N2G 3B6
Photos
23
Laundry
Not in the unit
59days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Eastwood Collegiate Institute
Waterloo Region DSB
Secondary410 m6.3 / 10
63% met the standard · 2 of 6 measures
Sunshine Montessori SchoolElementary745 mNot reported
Rockway Public School
Waterloo Region DSB
Elementary818 m3.3 / 10
33% met the standard
Sunnyside Public School
Waterloo Region DSB
Elementary735 mNot reported
Wilson Avenue Public School
Waterloo Region DSB
Elementary1.2 km6.2 / 10
62% met the standard
Discipleship Christian SecondarySecondary1.3 kmNot reported
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 337 people.

$80,000Median household income
51.6%Own their home
56.7%Detached houses
40Median age
23.1%Born outside Canada
12.5%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35300947 — the few blocks around this address, home to 337 people. It describes the area, not this property.

337Population
41.8Average age
2.2Household size
$79,000Average household income
$80,000Median household income
52%Own their home
48%Rent
0%Condominiums
23%Born outside Canada
13%University degree
$640,000Average home value
17%Low income
63%Not in the labour force
33%Never married
$20,000 to $24,9993%
$25,000 to $29,9993%
$30,000 to $34,9993%
$40,000 to $44,9993%
$45,000 to $49,9993%
$50,000 to $59,9998%
$60,000 to $69,9995%
$70,000 to $79,9998%
$80,000 to $89,9998%
$90,000 to $99,9995%
$100,000 and over26%
$100,000 to $124,99913%
$125,000 to $149,9995%
$150,000 to $199,9993%
$200,000 and over5%

Percentages are of the 190 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$165,980 · minimum here is $57,990
$3,674.62per month
Borrowed before insurance$663,920
Total borrowed$663,920
Interest over 25 years at 4.5%$438,465

If you rented it out

-$4,071.78per month out of pocket
Rent$0.00
Everything it costs to hold$4,071.78
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by RE/MAX TWIN CITY REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.