$799,000
For sale: Multiplex

Welcome to 131 St. George Street - a modern and thoughtfully designed duplex in the heart of downtown Kitchener, perfect for investors or those seeking a stylish multi-unit property. The upper unit offers a well-appointed two-bedroom, two-and-a-half-bathroom layout with a bright, open-concept main floor. The living space is anchored by a striking tile feature wall with an electric fireplace, creating a warm and contemporary focal point. The kitchen is finished with quartz countertops and stainless steel appliances, seamlessly connecting to the dining and living areas for easy everyday living. A Juliet balcony off the main floor brings in natural light and fresh air, enhancing the airy feel of the space, while a convenient powder room completes this level. Upstairs, both bedrooms feature their own private ensuite bathrooms, offering comfort and privacy for occupants. The lower unit features a one-bedroom, one-bathroom layout with the same modern finishes, including quartz countertops and stainless steel appliances. Designed with an open-concept feel, this unit is bright and welcoming, with direct access to a private patio, perfect for outdoor enjoyment. Both units are separately metered for hydro and gas and include their own laundry, providing independence and convenience for tenants or owners alike. Located just steps from downtown Kitchener's vibrant amenities, including restaurants, shops, transit, and parks, this property offers an exceptional opportunity in a highly desirable urban setting.
Sold data
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 54 days.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.
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
Kitchener has 66 Fraser Institute–rated schools (57 elementary and 9 secondary), averaging 5.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$899,000
Multiplex129 ST GEORGE STREET, Kitchener

$763,000
Detached497 LANGLAW DRIVE, Cambridge

$987,900
Townhouse10 - 435 WINCHESTER DRIVE, Waterloo

$899,900
Townhouse63 - 60 ARKELL ROAD, Kortright East, Guelph

$799,000
Semi-Detached/Link205 HUCK CRESCENT, Kitchener

$749,000
Townhouse498 BANKSIDE DRIVE, Kitchener

$799,000
Townhouse111 - 3050 ORLEANS ROAD, Erin Mills, Mississauga

$869,000
Townhouse31 - 54 NISBET BOULEVARD, Waterdown, Hamilton