135 WATERMILL STREET, Kitchener

$1,379,000

For sale: Detached

Detached at 135 WATERMILL STREET, Kitchener
Property type
Detached
Bedrooms / bathrooms
8 bedrooms, 7 bathrooms
Living area
5,000 sqft
MLS®
MLS® X13645496

Welcome to 135 Watermill Street- a truly exceptional residence that blends luxury, scale, and versatility on an oversized corner lot in one of the city's most desirable family-friendly communities. Sitting on a premium 55 x 110 foot corner lot, 8 Bedrooms (3 Master), 7 Bathrooms and over 4500 square feet of living space, this expansive legal duplex offers a rare opportunity for multi-generational living or significant rental income, all within a beautifully designed and thoughtfully upgraded home. Step into a bright and spacious main level featuring elegant finishes, soaring 9 foot ceilings, and a seamless layout. The generous living and dining areas flow effortlessly into a modern kitchen, creating a warm and inviting atmosphere perfect for hosting family and friends. Large windows throughout the home with natural light. The upper levels continue to impress with well-appointed bedrooms, including a luxurious primary retreat designed for relaxation. What truly sets this home apart is the bonus third-storey loft-a versatile and private space complete with an additional bedroom, full bathroom, and its own living area. Whether used as a guest suite, home office, or retreat for extended family, this level adds incredible functionality and value. As a legal duplex, the property features a fully self-contained separate lower unit, ideal for generating rental income or accommodating in-laws without compromising privacy. This added flexibility makes it a standout investment for both homeowners and savvy buyers looking to offset mortgage costs.Situated just minutes from the newly built River Mill Public School, trails, parks, highway 401 access and essential amenities, this home offers the perfect balance of convenience and lifestyle. With its expansive layout, premium lot, and income potential, 135 Watermill Street is a rare offering that delivers both luxury living and smart investment in one remarkable package.

Sold data

Detached homes in Kitchener — recent sold market

Detached homes in Kitchener took a median of 18 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 34, across 319 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 32 days.

The median sale price was $714,900.

Homes sold for about 1.2% below asking on average, so there was room to negotiate.

About 41% of sales closed above the list price.

Around 15% of sellers reduced their price before finding a buyer.

Median days to sell
18
Median sale price
$714,900
Sale-to-list ratio
98.8%
Sold above asking
41%

Based on 319 recorded sales in the last 90 days. 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 135 WATERMILL STREET