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$749,900
Kitchener
169 BRUCE Street, Kitchener, Ontario, N2B1Z2
This multi-family property in Kitchener is for sale offering roughly 1,814 sq ft of space. It has been on the market 12 days, fresher than the Kitchener average of 53 days.
This well-maintained, fully vacant duplex offers an excellent opportunity for homeowners and investors alike. Each unit features 3 bedrooms, 1 bathroom, a full kitchen, separate entrance, and dedicated parking, providing flexibility for multi-generational living or the potential to generate rental income from both units. The upper and lower units are both vacant, allowing the new owner to move into one unit while renting out the other, or lease both units for maximum income potential. The property also features a standalone double-car garage, offering valuable additional space and convenience. Ideally located close to schools, shopping, parks, public transit, and major highway access, this property combines convenience, versatility, and excellent investment potential. A fantastic opportunity for first-time buyers, investors, or anyone looking to offset their mortgage while building long-term value through homeownership! (id:66096)
Features and services as supplied by the listing brokerage.
Active: 12 days on market, against an average age of 53 days across the listings currently for sale in this city
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.
This 6-bed multi-family in Kitchener has been listed for 12 days, which is 41 days fresher than the city average of 53. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $749,900, about 9.3× the local median household income of $81,000.
Carrying it typically needs a household income of about $146,482 (20% down, 25-yr amortization, stress-tested) — roughly 81% above the area median.
Source: Statistics Canada, 2021 Census (FSA N2B)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice