In the Spring of 2020, the development wing of Benjamins Realty (our Holding Company) had achieved all conditions for severance and was sitting on a vacant parcel of land, 153 Wentworth.

It’s been a struggle to watch our local real estate market largely put on freeze under the state of emergency. Our business sector like so many others has been deeply affected by the coronavirus.

In the late fall of 2017, Benjamins Realty's Holding company acquired a rundown multi-family property at 151 Wentworth Avenue in Kitchener.

Last year at this time, we were planning to wrap up construction on our duplex conversion at 151 Wentworth Ave. Kitchener. We had already completed one unit which we featured in our initial investment profile. When construction finally wrapped up, the end product was something we are quite proud of.

The City of Kitchener is looking at opening up zoning density for rental units in residential neighbourhoods. Provincial legislation passed this summer requires municipalities to allow duplexes and lane houses.

At Benjamins Realty, we take real estate investment seriously. We’re not just showing properties and calculating basic rates of return for our clients. We’re actively investing in Waterloo Region ourselves and we have some pretty exciting projects on the go.

The City of Cambridge is planning on dramatically reducing the red tape for homeowners and investors who wish to construct a secondary suite or unit on their property.

A duplex is essentially two separate and self-contained dwelling units housed within a single residential structure. A duplex is typically purchased as a residential investment property and one or both of the units are leased to tenants.