Kitchener, N2H 1W8
$895,000
Listed by RE/MAX PROFESSIONALS INC..
Explore the pleasure of urban living with this renovated LEGAL DUPLEX, ideally positioned in the heart of Kitchener's Central Frederick neighbourhood. This home is a prime choice for first-time buyers or investors, offering substantial investment potential and a relaxed lifestyle. Near the University of Waterloo's School of Pharmacy, this home is close to employers such as Google and the Innovation Centre. Located within walking distance of the LRT, quick access to Highway 7/8 and the nearby GO Train for easy commutes to the GTA. The neighbourhood is bustling with cultural attractions including the Centre in the Square, Kitchener Market, The Museum, Library, Victoria Park, Kitchener Auditorium, and many dining options. It's a thriving hub of innovation/growth. The duplex features 2 meticulously designed above-grade units and a partially finished basement, ideal for those seeking a solid investment or a smart living arrangement. All bedrooms are above grade making both units feel like home. The main level unit of this duplex offers a 2-bedroom layout, including a large kitchen, 3-piece bath, living/dining room, laundry room and an amazing large front porch. Featuring 9ft ceilings, hardwood floors and extra soundproofing between the units for less noise transfer than traditional condos. The unfinished basement provides extra storage and future additional living space, enhancing the versatility of the property. The upper unit offers a 2-bedroom layout, a large sunroom, a finished attic, kitchen, 3-piece bath, living room, laundry; central heat and A/C for the second-floor unit combined with heat pump for additional independent comfort.
Whether you are seeking a mortgage helper or a valuable addition to your residential investment portfolio, this opportunity is not one to miss. Seize the opportunity to invest in one of Kitchener's rapidly expanding neighbourhoods.
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.