124 CHURCH STREET, Kitchener
$899,999
For sale: Multiplex
- Property type
- Duplex
- Bedrooms / bathrooms
- 8 bedrooms, 5 bathrooms
- Living area
- 2,500 sqft
- MLS®
- MLS® X12842994
Welcome to this fully renovated Duplex in vibrant downtown Kitchener - a rare cash-flow positive property offering immediate returns and long-term growth. This 2%-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 withseparately metered hydro, plus 2 owned furnaces and 2 owned air conditioners. Enjoy outdoorliving 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 propertyoffers unbeatable convenience in a high-demand rental area. Whether you're an investor seekingstrong 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!
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 19 days and the slowest quarter taking more than 65, across 43 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 54 days.
The median sale price was $760,000.
Homes sold for about 3.2% below asking on average, so there was room to negotiate.
About 23% of sales closed above the list price.
Around 21% of sellers reduced their price before finding a buyer.
- Median days to sell
- 32
- Median sale price
- $760,000
- Sale-to-list ratio
- 96.8%
- Sold above asking
- 23%
Based on 43 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
$699,900
Multiplex632,000–2,500 sqft60 WILLIAM STREET, Landsdale, Hamilton
$899,999
Townhouse5+132,000–2,500 sqft75 BORERS CREEK CIRCLE, Waterdown, Hamilton
$889,500
Detached5+131,500–2,000 sqft36 BUCKINGHAM DRIVE, Westcliffe, Hamilton
$879,900
Detached432,000–2,500 sqft2 DOUG FOULDS WAY, Paris, Brant
$719,900
Detached432,000–2,500 sqft11 BREWIS STREET, Paris, Brant
$939,900
Detached5+231,500–2,000 sqft89 LINDSAY ROAD, Woodstock - South, Woodstock
$679,000
Townhouse341,100–1,500 sqft69 BROOKFIELD CRESCENT, Kitchener
$749,900
Detached431,500–2,000 sqft8 WHITTON DRIVE, Paris, Brant