$729,000
For sale: Multiplex

Fantastic Opportunity To Own A Purpose Built Duplex Featuring Two Fully Self-Contained Units. The Property Includes A Spacious 3-Bedroom Unit And A Separate 2-Bedroom Unit, Each Offering Bright Open-Concept Living, Generous Principal Rooms, Upgraded Flooring, Modern Kitchens With Stainless Steel Appliances, Separately Metered With Private Ensuite Laundry And Multiple Walk-Outs To Decks/Balconies. Ample Parking Adds To The Convenience. Ideal For An Owner-Occupier Looking To Offset Carrying Costs With Rental Income, Multi-Generational Living, Or Investors Seeking A Turnkey Income Property. Conveniently Located Close To Schools, Parks, Shopping, Public Transit And Highway Access.
Sold data
Multiplex homes in Kitchener took a median of 31 days to sell over the last 365 days, with the quickest quarter selling within 17 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 54 days.
The median sale price was $749,000.
Homes sold for about 3.4% below asking on average, so there was room to negotiate.
About 27% of sales closed above the list price.
Around 24% of sellers reduced their price before finding a buyer.
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
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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