$474,900

For sale

5 Stahl Avenue, Kitchener, Ontario, N2H5R5

3 bd1 ba3 pk900 ft²Lot size 31 × 106 ft (3,318 sq ft)

Listed by SHAW REALTY GROUP INC.

For saleJust listed

Today

$524K

5 STAHL Avenue, Kitchener, Ontario, N2H5R5

3 bd1 ba3 pk1,000 ft²

Listed by Shaw Realty Group Inc.

30 COTTON GRASS Street, Kitchener, Ontario, N2E3T6

For saleJust listed

Today

$599K

30 COTTON GRASS Street, Kitchener, Ontario, N2E3T6

3 bd2 ba2 pk1,602 ft²

Listed by Royal Lepage Wolle Realty

105 ST GEORGE Street, Kitchener, Ontario, N2G2T2

For saleJust listed

Today

$560K

105 ST GEORGE Street, Kitchener, Ontario, N2G2T2

3 bd2 ba3 pk1,550 ft²

Listed by Re/Max Real Estate Centre Inc.

Investment analysis

Rental cashflow calculator

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.

Estimated monthly rent

Enter the monthly rent you expect, or adjust our estimate.

Down payment (%)

Rate (%)

Amortization (yrs)

Property tax (/ yr)

Condo fee (/ mo)

Insurance (est. / mo)

Maint. + vacancy (est. / mo)

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.

$474,900

Kitchener

Book a showing

Overview

This 3-bedroom, 3-bathroom home in Kitchener is for sale offering roughly 1,374 sq ft of space. Listed at $474,900, it is attractively priced about 36% below the $739,900 median asking price in Kitchener.

Houses for Sale in Kitchener →All real estate in Kitchener →

Description

VENDOR TAKE-BACK (VTB) FINANCING AVAILABLE UPON APPROVAL! Exceptional, high-density redevelopment opportunity located in the absolute heart of Downtown Kitchener's premier tech and innovation core. This 50-foot frontage by 132-foot deep rectangular infill lot features highly coveted SGA-2 (Strategic Growth Area) zoning, unlocking massive potential for a high-yield Missing Middle multi-unit project, stacked townhouses, or a boutique multi-residential build. The existing brick structure was previously utilized as a duplex, configured with 3 bedrooms and 2 bathrooms on the upper level. Furnace replaced 2025. Unbeatable tech-hub demographics drive this location, commanding immense demand from an influx of high-earning tech professionals, medical staff, and academics. You are steps away from global anchors including the Google Canada HQ, Communitech, and the Velocity incubator, alongside top-tier educational hubs like the University of Waterloo School of Pharmacy, McMaster School of Medicine, and Conestoga College. Enjoy immediate access to Victoria Park, upscale dining, and the LRT transit system. The property is being sold As-Is, Where-Is condition. (id:66096)

Property Details

MLS®: 40835958
Property Type: Single Family
Zoning: SGA-2 (18H)
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 4
Interior Size: 1,374 ft²
Lot Size: 6,534 sq ft (0.15 ac)
Frontage: 50 ft
Year Built: 1925
Storeys: 2
Style: Other
Basement: Partially finished, Full
Heating: Forced air, Natural gas
Cooling: None
Garage: Detached Garage
Ownership: Freehold
Property Tax: $4,233/yr
Listed: 153 days ago

Rooms

Basement

3pc Bathroom
Eat in kitchen

Second level

3pc Bathroom
Bedroom: 8'9'' x 13'8''
Bedroom: 9'9'' x 8'9''
Bedroom: 9'9'' x 11'0''

Main level

2pc Bathroom
Den: 18'9'' x 9'9''
Eat in kitchen: 18'9'' x 11'6''

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Market Timing

Days on market

153d

Kitchener listings, avg age

53d

Price / ft²

$346

List price

$475K

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.

Area context

Neighbourhood profile (N2G)

This home lists at $474,900, about 7.6× the local median household income of $62,400.

Carrying it typically needs a household income of about $92,765 (20% down, 25-yr amortization, stress-tested) — roughly 49% above the area median.

Median household income: $62,400
Population: 14,580
Median age: 38
Owner / renter: 31% / 69%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA N2G)

$474,900· $346/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5% · $23,745

Min 5%50%

Mortgage payment$2,501/mo

↳ CMHC premium ($18,046 capitalized)

Property tax (est.)$353/mo

Total monthly$2,854

Cash Needed to Close

Down payment (5%)$23,745

Land transfer tax$5,973

Est. closing costs$3,925

Total cash needed$33,643

Get Pre-Approved · Free & Fast

Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

Rental cashflow calculator

27 OAK Street, Kitchener - Single Family for Sale

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (N2G)

Book a showing

Full Cost Breakdown