$649,900
For sale: Detached

Exceptional "CASH FLOW" Kitchener detached just minutes from downtown, public transit, LRT, schools, and everyday amenities. This versatile home features 3 spacious bedrooms, a bright and functional main floor with in-suite laundry, and a large sunroom. One bedroom includes a private balcony, while the expansive finished attic provides additional flexible space ideal for a home office, recreation area, or storage. A major highlight is the self-contained studio-style basement living space, creating an excellent opportunity for additional rental income and enhanced cash flow potential. With multiple living areas, generous room sizes, and four parking spaces included plus an garage, this property is well-suited for investors seeking a strong cash flowing rental asset or owner-occupants looking to offset expenses. Furnace (2023), A/C (2023), upgraded panel (200 Amps) and wiring, sump pump (2025).
Sold data
Detached homes in Kitchener took a median of 18 days to sell over the last 90 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 31, across 288 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 30 days.
The median sale price was $699,900.
Homes sold for about 1.0% below asking on average, so there was room to negotiate.
About 39% of sales closed above the list price.
Around 18% of sellers reduced their price before finding a buyer.
Based on 288 recorded sales in the last 90 days. 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.
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