$775,000
For sale: Multiplex

Welcome to this beautifully updated purpose-built legal duplex offering the perfect combination of modern living and income potential. Ideal for first-time buyers, families, multi-generational living, or investors, this property features a spacious 3-bedroom upper unit and a separate 1-bedroom legal lower unit. Each unit offers its own private entrance, laundry, HVAC system, and separate metering for all utilities. Enjoy a total of approximately 1,720 sq. ft. of finished living space, including 1,198 sq. ft. on the upper level and 520 sq. ft. on the lower level. The home has been extensively updated with new flooring, fresh paint, modern lighting, renovated bathrooms and a stunning kitchen featuring new cabinetry, quartz countertops & backsplash, a large quartz island and new appliances. Enjoy separate utilities, parking for 4 vehicles, fresh landscaping, a new shed, new upper-level A/C and lower-level heat pumps. Conveniently located near Highway 8/401, Fairview Park Mall, schools, parks and transit. Move in and let the second unit help pay your mortgage or add a turnkey legal duplex to your investment portfolio.
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 65, 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 54 days.
The median sale price was $760,000.
Homes sold for about 3.2% below asking on average, so there was room to negotiate.
About 23% of sales closed above the list price.
Around 21% 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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