$770,000
For sale: Detached

6+1 bedroom, positive cash flow student rental just steps from Conestoga College and minutes to the 401! This turn-key investment features two full bathrooms, two fridges, a stove, and dishwasher included. Enjoy a completely carpet-free interior throughout the entire home. The spacious backyard offers deck access from one room and direct yard access from another -perfect for tenants to unwind. The roof was replaced in 2016 and the common areas were freshly painted in 2017. The A/C was updated in 2026, and there's a rented water heater for year-round comfort. Safety first: the house has passed Fire Department inspection, with a city-installed Direct Detect fire alarm system providing 24-hour smoke monitoring throughout. A fantastic turn-key opportunity for investors seeking reliable cash flow!
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 12 days and the slowest quarter taking more than 34, across 316 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 33 days.
The median sale price was $717,000.
Homes sold for about 1.2% below asking on average, so there was room to negotiate.
About 40% of sales closed above the list price.
Around 16% of sellers reduced their price before finding a buyer.
Based on 316 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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