11 Mansion St
Kitchener, N2H 2J5
FOR SALE
$699,900
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BEDROOMS3
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Property Description
Welcome to 11 Mansion St, beautifully renovated triplex in the heart of downtown Kitchener! This property is a fantastic opportunity for savvy investors or parents of college students. It's the perfect setup for a student to live in one unit while renting out the others to cover a significant portion of the mortgage. The main floor unit boasts an open-concept design featuring modern kitchen with sleek white cabinetry, stylish herringbone backsplash & stainless steel appliances. The centre piece is a stunning quartz waterfall island illuminated by a gorgeous chandelier creating the ideal space for dining & entertaining. The kitchen seamlessly flows into the bright living area where you'll find laminate flooring & ample natural light. This unit also includes a cozy bedroom & contemporary 3pc bathroom with glass walk-in shower. The 2nd-floor unit offers a 1-bedroom retreat complete with stunning kitchen featuring stainless steel appliances, quartz countertops & vaulted ceilings with exposed wood beams. Skylights flood the living room with natural light creating a bright & inviting atmosphere. There's also a dedicated workspace nook perfect for those working from home! Sliding doors lead to the bedroom with custom built-in shelving & the unit is completed with sleek 4pc bathroom with skylight & heated floors. The 3rd unit is a cleverly designed 200 sqft studio featuring a queen-size bunk bed, a walk-in shower & built-in ceramic cooktop with a mini fridge, maximizing functionality in a compact space. Additional highlights of the property include on-site laundry & 2 driveway parking spaces. Located just steps away from two parks & the Centre In The Square theatre and within walking distance to the beautiful Victoria Park-home to a lake, walking trails, splash pad & popular events like Rib Fest. It's also a short 10-minute walk to Conestoga College & St. Louis campuses, with easy access to King Streets vibrant shops, dining & amenities!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-10-03 | 2024-11-15 | 43 | $720,000 | - | Terminated |
| 2024-09-17 | 2024-10-01 | 14 | $725,000 | - | Terminated |
| 2024-06-14 | 2024-09-13 | 91 | $739,000 | - | Expired |
Property Features
Library, Park, Place Of Worship, Public Transit, Rec Centre, School Bus Route
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Property Details
Street
City
Property Type
Duplex, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
40' x 77'
Acreage
< .50
Fronting
East
Taxes
$3,653 (2024)
Basement
None
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 11.25' x 13.32' | |
| Br | Main | 7.09' x 9.09' | |
| Kitchen | 2nd | 16.50' x 23.16' | |
| Br | 2nd | 7.09' x 9.09' | |
| Kitchen | Main | 10.01' x 12.99' | |
| Br | Main | 4.00' x 4.99' |
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Kitchener Market Statistics
Kitchener Price Trend
11 Mansion St is a 3-bedroom 3-bathroom home listed for sale at $699,900, which is $38,983 (5.3%) lower than the average sold price of $738,883 in the last 30 days (October 30 - November 28). During the last 30 days the average sold price for a 3 bedroom home in Kitchener declined by $7,909 (1.1%) compared to the previous 30 day period (September 30 - October 29) and down $22,851 (3.0%) from the same time one year ago.Inventory Change
There were 84 3-bedroom homes listed in Kitchener over the last 30 days (October 30 - November 28), which is up 1.2% compared with the previous 30 day period (September 30 - October 29) and up 55.6% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Kitchener typically sold $2,906 (0.4%) above asking price over the last 30 days (October 30 - November 28), which represents a $9,543 increase compared to the previous 30 day period (September 30 - October 29) and ($418) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Kitchener over the last 30 days (October 30 - November 28) stood at 95.2%, up from 67.5% over the previous 30 days (September 30 - October 29) and up from 90.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Kitchener stood at 19 days when successfully sold over the last 30 days (October 30 - November 28), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Real Estate Centre Inc.
Similar Listings
Great opportunity to own this fully LEGAL side by side DUPLEX. Both units are vacant and ready for you to set market rents! Situated on a large corner lot with ample parking and spacious backyard, this very well maintained property offers two units with updated kitchens and 4PC bathrooms in each. Unit A is a 1 Bedroom + Den, while Unit B is a 1 bedroom unit. Both units are bright and inviting with large windows, neutral paint and updated flooring throughout. The property is equipped with separate hydro meters and is separate metered for water. Laundry is shared in the semi-finished basement. Set in a prime neighbourhood within close proximity to schools, shopping, public transit, parks and more. Book your showing today! RSA
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