114 CHURCH STREET, Kitchener
$1,099,900
For sale: Multiplex
- Property type
- Triplex
- Bedrooms / bathrooms
- 6 bedrooms, 5 bathrooms
- Living area
- 3,000 sqft
- MLS®
- MLS® X13749670
An exceptional investment opportunity in the heart of Kitchener! This beautiful legal century triplex combines timeless character with extensive modern upgrades, offering investors a truly turnkey addition to their portfolio. Ideally located just a short walk from Downtown Kitchener and the Kitchener Market LRT stop, the property provides tenants with convenient access to transit, restaurants, shopping, entertainment and everything the downtown core has to offer. Currently generating an impressive 4.6% cap rate, all three units are occupied by great young professional tenants paying market rents plus utilities, providing strong and reliable income from day one. The property has undergone substantial upgrades, including updated plumbing and electrical, forced-air furnaces, water heaters, roof, windows, aluminum fascia, soffits and eaves. The interiors have also been thoughtfully updated with new kitchens, bathrooms, flooring, stainless steel appliances and much more, creating attractive, comfortable living spaces that appeal to today's tenants. With its combination of legal triplex status, market rents, extensive capital improvements and a highly walkable location, this is a rare opportunity to acquire a well-maintained, income-producing property with the character of a century home and the major updates already taken care of. A fantastic investment in one of Kitchener's most convenient and connected locations!
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 76 days.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 114 CHURCH STREET
$1,279,900
Detached6+253,000–3,500 sqft49 SCOTS PINE TRAIL, Kitchener
$1,169,000
Detached5+142,500–3,000 sqft130 PONDCLIFFE DRIVE, Kitchener
$1,134,000
Detached6+252,500–3,000 sqft59 MASTERS GREEN CRESCENT, Snelgrove, Brampton
$1,099,800
Detached642,500–3,000 sqft51 COPPERFIELD DRIVE, Cambridge
$1,099,000
Detached6+252,500–3,000 sqft565 BALSAM POPLAR STREET, Waterloo
$1,077,800
Detached6+152,500–3,000 sqft530 BENNINGER DRIVE, Kitchener
$1,199,999
Townhouse5+142,500–3,000 sqft84 VALLEY TRAIL PLACE, Waterdown, Hamilton
$1,199,000
Detached6+252,500–3,000 sqft49 BUCKSAW STREET, Northwest Brampton, Brampton