$700,000
Kitchener
209 FRANKLIN Street South, Kitchener, Ontario, N2C1R8
This 3-bedroom, 1-bathroom home in Kitchener is for sale offering roughly 1,470 sq ft of space. Listed at $700,000, it is attractively priced about 5% below the $739,900 median asking price in Kitchener.
There’s something special about a home that has been cared for over the years—and still leaves room for you to make it your own. Welcome to 209 Franklin Street S., a solid brick bungalow on a generous 52' x 132' lot in Kitchener’s established Fairview/Kingsdale neighbourhood. Step inside and you’ll find a bright, comfortable home with the character of a classic bungalow. A large front window fills the living room with natural light, while crown moulding and an easy-flowing one-level layout create a welcoming place to call home. The bedrooms feature hardwood flooring, and the spacious kitchen offers abundant cabinetry and workspace, with potential to refresh or reimagine to suit your style. Downstairs, the full basement with a separate entrance extends the possibilities. With approximately 438 sq. ft. of finished lower-level space, plus unfinished space, laundry and storage, there is flexibility for recreation, hobbies, extended family or future improvements. Outside may be where this property truly surprises you. The deep backyard offers mature trees, a large lawn, patio, fencing and storage shed—room for barbecues, gardens, kids or pets to play, or simply a quiet place to relax. A private driveway provides parking for up to four vehicles. And then there’s the location. Shopping, schools, parks and public transit are nearby, with convenient connections to Fairway Road, Fairway Station and the ION LRT, Highway 7/8 and the broader Kitchener-Waterloo area. Whether you’re a first-time buyer looking for a home to grow into, a right-sizer who appreciates bungalow living, or someone who sees the potential in a solid home on a mature lot, 209 Franklin Street S. offers something increasingly difficult to find: good bones, genuine outdoor space, an established neighbourhood and the freedom to make it uniquely yours. Come see the possibilities—and imagine what the next chapter could look like here. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 73 days on market, against an average age of 54 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 3-bed single family in Kitchener is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $700,000, about 10.0× the local median household income of $70,000.
Carrying it typically needs a household income of about $136,735 (20% down, 25-yr amortization, stress-tested) — roughly 95% above the area median.
Source: Statistics Canada, 2021 Census (FSA N2C)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice




Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.