$559,000

For sale

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30 HOHNER Avenue, Kitchener - Single Family for Sale

30 HOHNER Avenue, Kitchener, Ontario, N2H2V4

5 beds3 baths3 parking ft²

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3 bd1 ba2 pk1,407 ft²

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Investment analysis

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$559,000

Kitchener

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Description

LEGAL DUPLEX, Great opportunity to make this your own. VACANT POSSESSION AVAILABLE. Mortgage helper, live in one unit and have help paying the mortgage, Great investment, Or multi generational living. This home has so much potential. LOCATION! LOCATION! LOCATION! on a quiet street and only minutes to downtown Kitchener, schools, restaurants, parks, markets and so much more! Private driveway and detached garage. Newer Furnace 2022, 2 separate hydro panels and meters. All appliances as is PRICED FOR ACTION, DON'T MISS THIS GREAT OPPORTUNITY! (id:66096)

Property Details

MLS®: 40843179
Property Type: Single Family
Zoning: R2B
Bedrooms: 5
Beds (above / below): 5 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 3
Interior Size: 2,160 ft²
Frontage: 44 ft
Storeys: 2
Style: Other
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Cooling: Wall unit
Garage: Detached Garage
Ownership: Freehold
Property Tax: $4,640/yr
Listed: 132 days ago

Rooms

Third level

2pc Bathroom: 7'8'' x 6'1''
Other: 7'0'' x 7'1''
Sitting room: 7'4'' x 8'6''
Bedroom: 11'1'' x 8'1''

Second level

Family room: 11'1'' x 13'0''
3pc Bathroom: 4'9'' x 4'11''
Kitchen: 10'9'' x 11'3''
Bedroom: 8'4'' x 10'7''
Bedroom: 9'8'' x 13'7''
Dining room: 9'8'' x 9'4''
Living room: 11'3'' x 11'1''

Main level

4pc Bathroom: 4'11'' x 9'7''
Other: 9'0'' x 10'1''
Bedroom: 14'3'' x 9'9''
Bedroom: 10'8'' x 11'7''
Living room: 13'5'' x 11'10''
Dining room: 11'3'' x 12'0''

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

132d

Kitchener listings, avg age

54d

Price / ft²

$259

List price

$559K

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 (N2H)

This home lists at $559,000, about 7.6× the local median household income of $73,500.

Carrying it typically needs a household income of about $109,192 (20% down, 25-yr amortization, stress-tested) — roughly 49% above the area median.

Median household income: $73,500
Population: 22,456
Median age: 38.4
Owner / renter: 49% / 51%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA N2H)

$559,000· $259/ft²

For sale

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Full Cost Breakdown

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Down Payment5.53% · $30,900

Min 5.53%50%

Mortgage payment$2,928/mo

↳ CMHC premium ($21,124 capitalized)

Property tax (est.)$387/mo

Total monthly$3,315

Cash Needed to Close

Down payment (5.53%)$30,900

Land transfer tax$7,655

Est. closing costs$4,177

Total cash needed$42,732

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

30 HOHNER Avenue, Kitchener - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (N2H)

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