Description

Prime AAA location just steps from St. Mary's General Hospital and conveniently situated along two public transit routes. This impressive 3,300+sq. ft. property features three separate entrances, 11 paved parking spaces, a fully fenced rear yard with storage shed, newer furnace and A/C, security system, and a beautifully renovated kitchen. The lower level offers an exceptional wellness and fitness space complete with in-floor heating, sauna, steam room, contrast showers, a custom-built soaking tub. The residential portion of the house is being operated as a 4 Bedroom Air BNB rental. A rare opportunity to own a truly outstanding and versatile property. (id:66096)

Property Details

MLS®: 40846967
Property Type: Other
Zoning: COM-1
Parking: 11
Interior Size: 3,366 ft²
Lot Size: 8,973 sq ft (0.20 ac)
Frontage: 135 ft
Building Area: 3,366 ft²
Year Built: 1974
Storeys: 3
Basement: Full
Ownership: Freehold
Property Tax: $14,070.3/yr
Listed: 114 days ago

Features

Foundation: Poured Concrete
Exterior: Brick, Shingles
Lot Features: Paved driveway

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

114d

Kitchener listings, avg age

53d

Price / ft²

$414

List price

$1.40M

Homes here sell faster than most markets

Sold homes in this market spent an average of 31 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 100.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

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Area context

Neighbourhood profile (N2M)

This home lists at $1,395,000, about 19.5× the local median household income of $71,500.

Carrying it typically needs a household income of about $272,492 (20% down, 25-yr amortization, stress-tested) — roughly 281% above the area median.

Median household income: $71,500
Population: 36,494
Median age: 36.4
Owner / renter: 46% / 54%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA N2M)

$1,395,000· $414/ft²

For sale

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Financing

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11 BELMONT Avenue West, Kitchener - Other for Sale