11 MANSION St
Kitchener, N2H 2J5
FOR SALE
$699,900
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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 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 nookperfect 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 Parkhome 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 |
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Property Details
Street
City
Property Type
Detached, 2-Storey
Lot Size
40' x 77'
Acreage
< .50
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
Other
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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 $28,014 (4.2%) higher than the average sold price of $671,886 in the last 30 days (November 21 - December 20). During the last 30 days the average sold price for a 3 bedroom home in Kitchener declined by $77,556 (10.3%) compared to the previous 30 day period (October 22 - November 20) and down $50,794 (7.0%) from the same time one year ago.Inventory Change
There were 63 3-bedroom homes listed in Kitchener over the last 30 days (November 21 - December 20), which is down 23.2% compared with the previous 30 day period (October 22 - November 20) and up 133.3% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Kitchener typically sold ($1,530) (0.2%) below asking price over the last 30 days (November 21 - December 20), which represents a $3,924 decrease compared to the previous 30 day period (October 22 - November 20) and $1,693 less 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 (November 21 - December 20) stood at 168.3%, up from 86.6% over the previous 30 days (October 22 - November 20) and down from 174.1% 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 14 days when successfully sold over the last 30 days (November 21 - December 20), compared to 42 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Real Estate Centre Inc., Brokerage
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