$825,000
For sale: Multiplex

Unique Triplex! Large 3 bedroom unit ($2250 plus gas & hydro) on main floor, Basement Apartment ($2000 utilities included), Spacious 2 bedroom unit ($800 plus hydro) on second floor and cozy bachelor attic unit ($500 plus hydro). Water is paid by Owner. Garage is rented out at $200/month. Serviced By Furnace & baseboard heaters (all but 2 have been updated to newer high efficiency units) Gas water heater under contract, 2 electric water heaters and A/C are owned. Expenses Outlined are Monthly.
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 54 days.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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