263-265 Mill Street, Kitchener, Ontario, N2M3R4




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$1,235,000
Kitchener
This 3-bedroom, 1-bathroom home in Kitchener is for sale.
Rare investment/development opportunity near Downtown Kitchener. 263 & 265 Mill St are semi-detached properties under the same ownership on a generous 71.25' x 259.42' lot with a detached double garage. Great potential for future multi-residential redevelopment, including stacked townhouses, subject to due diligence and approvals. Convenient location close to downtown amenities and transit. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 99 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 $1,235,000, about 17.3× the local median household income of $71,500.
Carrying it typically needs a household income of about $241,239 (20% down, 25-yr amortization, stress-tested) — roughly 237% above the area median.
Source: Statistics Canada, 2021 Census (FSA N2M)
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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