$559,000
For sale: Multiplex

LEGAL DUPLEX, Great opportunity to make this your own. VACANT POSSESSION AVAILABLE. Mortgage helper, live in one unit and have help paying the mortgage, Great investment, Or multi generational living. This home has so much potential. LOCATION! LOCATION! LOCATION! on a quiet street and only minutes to downtown Kitchener, schools, restaurants, parks, markets and so much more! Private driveway and detached garage. Newer Furnace 2022, 2 separate hydro panels and meters. All appliances "as is" PRICED FOR ACTION, DON'T MISS THIS GREAT OPPORTUNITY!
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 70, 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 73 days.
The median sale price was $749,000.
Homes sold for about 3.6% below asking on average, so there was room to negotiate.
About 23% of sales closed above the list price.
Around 23% 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.
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