103 MARLBOROUGH AVENUE, Kitchener

$830,000

For sale: Multiplex

Multiplex at 103 MARLBOROUGH AVENUE, Kitchener
Property type
Triplex
Bedrooms / bathrooms
5 bedrooms, 3 bathrooms
Living area
2,500 sqft
MLS®
MLS® X13767898

Purpose built triplex in an excellent neighbourhood that appeals to both tenants and owner occupants, backing directly onto Admiral Park and close to many walking trails including the Iron Horse. Each well designed, large unit offers generous principal rooms, private outdoor space and plenty of parking. The main floor 2-bedroom unit is occupied by an excellent tenant and features a large rear deck. The vacant upper 2-bedroom unit is ready for market rent or an owner occupant and includes its own spacious upper deck. The lower 1-bedroom unit offers good natural light, two separate entrances, a private patio and plenty of storage. Each unit has a dedicated hydro meter, along with additional basement storage and access to coin operated laundry. A detached double garage, currently used exclusively by the seller, provides an additional income opportunity or valuable owner storage. Parking is available for 5+ vehicles. Conveniently located just a 2-minute walk from transit on Highland Road, with groceries, the LCBO & shopping at The Highland Centre nearby. St. Mary's General Hospital is a 9 minute walk. Recent capital improvements incl: roof/2012, windows/2023, forced air furnace/2023 & new flooring in the upper unit/2026.

Sold data

Multiplex homes in Kitchener — recent sold market

Multiplex homes in Kitchener took a median of 32 days to sell over the last 365 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 64, across 44 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 76 days.

The median sale price was $755,000.

Homes sold for about 3.0% below asking on average, so there was room to negotiate.

About 25% of sales closed above the list price.

Around 20% of sellers reduced their price before finding a buyer.

Median days to sell
32
Median sale price
$755,000
Sale-to-list ratio
97.0%
Sold above asking
25%

Based on 44 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Kitchener

Kitchener has 66 Fraser Institute–rated schools (57 elementary and 9 secondary), averaging 5.8/10.

Rated schools
66
Elementary
57
Secondary
9
Average rating
5.8 / 10

Top-rated schools in Kitchener

  • David Saint-Jacques — secondaryFraser rating 8.4/10
  • St. Josephine Bakhita — elementaryFraser rating 7.9/10
  • J W Gerth — elementaryFraser rating 7.7/10
  • Pope John Paul II — elementaryFraser rating 7.6/10
  • St Teresa — elementaryFraser rating 7.6/10
  • Cameron Heights — secondaryFraser rating 7.5/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 103 MARLBOROUGH AVENUE