$949,900
For sale: Multiplex

This inviting solid brick duplex offers a unique blend of charm, functionality, and opportunity. The upper unit features a total of 3 bedrooms and 2 bathrooms, including a spacious main floor layout with 2 bedrooms, a beautifully updated 4-piece bathroom, and an open-concept living and dining area. The kitchen walks out to a large deck overlooking a fully fenced, expansive backyard-perfect for entertaining or relaxing. Upstairs, you'll find a private loft-style primary bedroom with hardwood floors and a convenient 2-piece ensuite. The lower level boasts a separate entrance leading to a fully finished 1-bedroom, 1-bathroom unit-ideal as a mortgage helper or in-law suite. Recent updates, including a new roof and furnace in 2022, provide added peace of mind. With a wide driveway offering parking for up to 4 vehicles and no parking restrictions, convenience is key. Located within walking distance to Uptown Waterloo, Downtown Kitchener, Grand River Hospital, Sun Life, and more, this property is perfectly positioned for urban living. Zoned SGA-3 (High Rise Limited) under Kitchener's 'Growing Together' Strategic Plan, this lot is part of the city's bold vision for increased density and sustainable growth. A rare opportunity for developers and investors to be part of a vibrant, transit-oriented community. Opportunities like this are few and far between-don't miss your chance!
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 18 days and the slowest quarter taking more than 64, across 44 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 76 days.
The median sale price was $755,000.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 25% of sales closed above the list price.
Around 20% of sellers reduced their price before finding a buyer.
Based on 44 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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