$899,900

For saleJust listed

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430 DUKE Street West, Kitchener - Multi-family for Sale

430 DUKE Street West, Kitchener, Ontario, N2H3Y8

6 beds baths

46 Traynor Avenue, Kitchener, Ontario, N2C1V9

5 bd4 ba5 pk900 ft²Lot size 55 × 110 ft (6,033 sq ft)

Listed by CENTURY 21 MILLENNIUM INC.

376 South VICTORIA Street South, Kitchener, Ontario, N2M3A5

For saleJust listed

2 days ago

$819K

376 South VICTORIA Street South, Kitchener, Ontario, N2M3A5

4 bd3 ba6 pk2,400 ft²

Listed by RE/MAX Twin City Realty Inc.

55 ISAIAH Drive, Kitchener, Ontario, N2E0B2

For saleJust listed

5 days ago

$990K

55 ISAIAH Drive, Kitchener, Ontario, N2E0B2

4 bd4 ba4 pk3,563 ft²

Listed by RE/MAX Real Estate Centre Inc.

6 HILLSIDE Drive, Kitchener, Ontario, N2E1R2

For saleJust listed

5 days ago

$750K

6 HILLSIDE Drive, Kitchener, Ontario, N2E1R2

4 bd3 ba5 pk1,575 ft²

Listed by Re/Max Twin City Realty Inc.

Investment analysis

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$899,900

Kitchener

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7,275 sq ft (0.16 ac) lot size

Overview

This multi-family property in Kitchener is for sale offering roughly 3,000 sq ft of space. It has been on the market 6 days, fresher than the Kitchener average of 53 days.

Multi-Family Properties for Sale in Kitchener →All real estate in Kitchener →

Description

Rare, high-upside investment opportunity to own an entire semi-detached duplex—both side-by-side mirror units sold together under one ownership! Located in the highly sought-after central core of Kitchener, this property features separate utility meters and sits directly in the path of progress, surrounded by million-dollar-plus multi-unit developments. Each spacious unit offers 1,500 sq. ft. of living space (3,000 sq. ft. total) featuring a functional layout with a large living room, formal dining room, kitchen, 3 generous bedrooms, and a full bath. Character meets potential with soaring 9-foot ceilings on both levels, creating an airy, premium feel. Situated on a massive 50’ x 145’ deep lot with flexible RES-5 zoning and up to 55% maximum lot coverage (including a 15% accessory structure allowance). Unmatched versatility for multigenerational families, builders, or investors: renovate to command premium market rents (projected $72k/year income), build secondary dwelling units (coach houses/garden suites), or completely redevelop into a high-density multi-unit project. One of the absolute best value-plays in the Waterloo Region—don't miss out! (id:66096)

Property Details

MLS®: 40875095
Property Type: Multi-family
Zoning: R23455
Bedrooms: 6
Bathrooms: 3
Parking: 4
Interior Size: 3,000 ft²
Lot Size: 7,275 sq ft (0.16 ac)
Frontage: 50 ft
Units: 2
Year Built: 1884
Storeys: 2
Basement: Unfinished, Full
Heating: Forced air
Cooling: None
Ownership: Freehold
Property Tax: $4,599/yr
Listed: 6 days ago

Features

Appliances: Window Coverings
Foundation: Stone
Exterior: Stone, Aluminum siding, Other, Shingles, Brick Veneer

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Kitchener listings, avg age

53d

Price / ft²

$300

List price

$900K

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.

Haho

This 6-bed multi-family in Kitchener has been listed for 6 days, which is 47 days fresher than the city average of 53. Act while there is still low competition.

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Listed by Royal Lepage Wolle Realty · INDIRA ZUKAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2H)

This home lists at $899,900, about 12.2× the local median household income of $73,500.

Carrying it typically needs a household income of about $175,782 (20% down, 25-yr amortization, stress-tested) — roughly 139% 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)

$899,900· $300/ft²

For sale

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Full Cost Breakdown

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Down Payment7.22% · $64,990

Min 7.22%50%

Mortgage payment$4,629/mo

↳ CMHC premium ($33,396 capitalized)

Property tax (est.)$383/mo

Total monthly$5,012

Cash Needed to Close

Down payment (7.22%)$64,990

Land transfer tax$14,473

Est. closing costs$5,200

Total cash needed$84,663

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