115 VICTORIA STREET N, Kitchener

$1,425,000

For sale: Multiplex

Multiplex at 115 VICTORIA STREET N, Kitchener
Property type
Triplex
Bedrooms / bathrooms
3 bedrooms, 3 bathrooms
Living area
1,500 sqft
MLS®
MLS® X13829556

Prime development site in downtown Kitchener's Central Station, directly on Victoria Street North between King Street West and Weber Street West - the corridor anchoring the Kitchener Central Transit Hub. The site sits within the Urban Growth Centre and Mixed Use Corridor designation, with as-of-right zoning supporting high-density mixed-use development. The MTSA framework targets 160 people and jobs per hectare, and the area is already seeing proposals ranging from 25 to 42 storeys. The Kitchener Central Transit Hub - connecting ION light rail, GO Transit, VIA Rail, and Grand River Transit - is under construction with substantial completion targeted for 2030. Victoria Street is being reconfigured with transit priority lanes, separated cycling, and wider sidewalks, with construction beginning in 2027.This is a rare opportunity to assemble or hold land in a transit-oriented corridor before the hub opens and the surrounding density vision is realized. *Some images have been ai enhanced to show boundaries, opportunity and ideas.

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 65, across 41 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 73 days.

The median sale price was $749,000.

Homes sold for about 3.6% below asking on average, so there was room to negotiate.

About 24% of sales closed above the list price.

Around 24% of sellers reduced their price before finding a buyer.

Median days to sell
32
Median sale price
$749,000
Sale-to-list ratio
96.4%
Sold above asking
24%

Based on 41 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 115 VICTORIA STREET N