$719,000

$739,000For salePrice drop↓ $20,000 (3%)

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91 JACKSON Avenue, Kitchener - Single Family for Sale

91 JACKSON Avenue, Kitchener, Ontario, N2H3P2

5 beds3 baths parking

90 Brookfield Crescent, Kitchener, Ontario, N2E0A7

3 bd2 ba2 pk1,300 ft²Lot size 18 × 98 ft (1,781 sq ft)

Listed by RE/MAX ICON REALTY

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$930K

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3 bd3 ba4 pk2,487 ft²

Listed by Re/Max Twin City Realty Inc.

58 HICKORY HEIGHTS Crescent, Kitchener, Ontario, N2N1H4

For saleJust listed

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$550K

58 HICKORY HEIGHTS Crescent, Kitchener, Ontario, N2N1H4

3 bd1 ba2 pk1,407 ft²

Listed by Right At Home Realty

For saleJust listed

Today

$550K

90 BROOKFIELD Crescent, Kitchener, Ontario, N2E0A7

3 bd2 ba2 pk1,310 ft²

Listed by Re/Max Icon Realty

Investment analysis

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$719,000

Kitchener

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Overview

This 5-bedroom, 3-bathroom home in Kitchener is for sale offering roughly 2,274 sq ft of space. Its $719,000 asking price sits right in line with the $745,000 median in Kitchener. It has been on the market 21 days, fresher than the Kitchener average of 54 days.

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Description

Beautifully renovated home on a large lot in a central Kitchener location! Currently operating as a legal duplex, 91 Jackson Ave features a spacious 4-bedroom, 2-bathroom upper unit and a 1-bedroom, 1-bathroom lower unit, each with its own in-suite laundry. Both units show beautifully with updated finishes throughout. Parking for four vehicles adds everyday convenience, while the generous lot offers plenty of outdoor space or future development potential. A great opportunity for multi-generational families, investors or buyers looking to live in one unit and generate rental income from the other. (id:66096)

Rooms

Second level

3pc Bathroom
Primary Bedroom: 12'7'' x 13'10''
Bedroom: 12'6'' x 11'5''

Main level

Bedroom: 11'5'' x 11'2''
4pc Bathroom
Bedroom: 11'5'' x 10'8''
Eat in kitchen: 10'4'' x 12'0''
Living room: 11'2'' x 15'9''

Basement

4pc Bathroom
Bedroom: 10'4'' x 12'3''
Kitchen/Dining room: 10'4'' x 18'6''
Living room: 10'4'' x 18'6''

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

21d

Kitchener listings, avg age

54d

Price / ft²

$316

List price

$719K

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 $719,000, about 9.8× the local median household income of $73,500.

Carrying it typically needs a household income of about $140,446 (20% down, 25-yr amortization, stress-tested) — roughly 91% 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)

$719,000· $316/ft²

For sale

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Full Cost Breakdown

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Down Payment6.52% · $46,900.00

Min 6.52%50%

Mortgage payment$3,726/mo

↳ CMHC premium ($26,884 capitalized)

Property tax (est.)$430/mo

Total monthly$4,156

Cash Needed to Close

Down payment (6.52%)$46,900

Land transfer tax$10,855

Est. closing costs$4,657

Total cash needed$62,412

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

91 JACKSON Avenue, Kitchener - Single Family for Sale

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Description

Property Details

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Market Timing

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Neighbourhood profile (N2H)

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