$850,000
For sale: Semi-Detached/Link

A standout opportunity just steps from Downtown Kitchener. 263 and 265 Mill Street are semi-detached properties(value is in the land) held under single ownership, sitting on a generous 73 foot frontage and a total of 17, 943sq.ft. lot area complete with a detached double garage. The scale and configuration of the land offer strong potential for future multi-residential redevelopment - including stacked townhouses - subject to due diligence and municipal approvals. Location is the real draw here. The property is roughly a 5-minute walk (about 400 metres) from the ION LRT's Mill station at Ottawa and Mill Streets, putting fast, reliable light-rail transit and the full length of Downtown Kitchener within easy reach. Everyday amenities, dining, and additional transit connections are all close at hand.
Sold data
Semi-Detached/Link homes in Waterloo took a median of 15 days to sell over the last 365 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 36, across 39 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 23 days.
The median sale price was $624,900.
Homes sold for about 1.5% below asking on average, so there was room to negotiate.
About 36% of sales closed above the list price.
Around 10% of sellers reduced their price before finding a buyer.
Based on 39 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
Waterloo has 31 Fraser Institute–rated schools (27 elementary and 4 secondary), averaging 6.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
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