$999,999
For sale: Detached

*** LEGAL DUPLEX***Welcome to 23 Down Creek Street, Kitchener, a rare legal duplex backing onto a beautiful conservation area, offering an exceptional blend of space, income potential, and lifestyle. Surrounded by nature and filled with natural light, this home is ideal for families, multi-generational living, or investors looking for a strong mortgage helper. The main residence features 4 spacious bedrooms and 2 full bathrooms, thoughtfully laid out for everyday comfort. The main floor impresses with a large, open kitchen complete with a huge island, perfect for entertaining, along with a generous dining area that comfortably seats up to 10 people. The bright living room, highlighted by a stone fireplace, creates a warm and inviting atmosphere with plenty of windows throughout. Upstairs, you'll find 4 generously sized bedrooms, upper-floor laundry, and well-appointed bathrooms, making daily living convenient and functional for a busy household. The fully furnished walk-out basement apartment includes 2 bedrooms and 1 full bathroom, a separate entrance, and is ready to rent, offering an income potential of up to $2,000 per month. This space is ideal for extended family, guests, or tenants while maintaining privacy for both units. The home boasts a massive backyard with unobstructed views of the conservation area, filled with wildlife and natural beauty. Enjoy over 700 sq. ft. of upper + lower deck space with elegant glass railings, perfect for taking in the views for tenants or extended family to enjoy. Additional features include a double-car garage which is one foot wider than the standard, triple-car driveway, central vacuum system and excellent curb appeal. Conveniently located close to Conestoga College, steps to public transit, and minutes from schools, shopping, restaurants, trails, and all amenities, with easy access to Hwy 401 for commuters. This is a rare opportunity to own an income-generating property in a sought-after location.
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 32, across 277 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 30 days.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 $700,000.
Homes sold for about 1.1% below asking on average, so there was room to negotiate.
About 38% of sales closed above the list price.
Around 17% of sellers reduced their price before finding a buyer.
Based on 277 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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