124 CHURCH STREET, Kitchener

$999,999

For sale: Multiplex

Multiplex at 124 CHURCH STREET, Kitchener
Property type
Duplex
Bedrooms / bathrooms
8 bedrooms, 5 bathrooms
Living area
2,500 sqft
MLS®
MLS® X13798060

Welcome to this fully renovated Duplex in vibrant downtown Kitchener - a rare cash-flow positive property offering immediate returns and long-term growth. This 212-storey home features 8 spacious bedrooms and 5 modern bathrooms, divided into two self-contained units, each with its own private entrance for maximum privacy and flexibility. Both units include its own full kitchen and in-suite laundry, making them highly desirable for tenants or multi-generational living. With $5,000 in monthly rental income, this property is cash flow positive, making it a smart addition to any investment portfolio. Utilities are efficient and convenient with separately metered hydro, plus 2 owned furnaces and 2 owned air conditioners. Enjoy outdoor living with a private balcony and a fully fenced backyard, perfect for relaxing orentertaining. Located just steps to public transit and within close proximity to major universities and amenities, quick access to major highways, hospital, parks, etc. this property offers unbeatable convenience in a high-demand rental area. Whether you're an investor seeking strong returns or a family looking to live in one unit while renting the other to supplement your mortgage, this turnkey duplex checks all the boxes. Don't miss this rare downtown opportunity! City has approved 2 driveway spaces at the front of the property, the curb is cut and blvd will be completed before closing.

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 73 days.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 124 CHURCH STREET