11 MANSION St

Kitchener, N2H 2J5
FOR SALE
$684,999
11 MANSION St, Kitchener
11 MANSION St
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3
BEDROOMS
3
BATHROOMS
3
KITCHENS
9
ROOMS
X11961906
MLSID
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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 a1-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 4pcbathroom 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!
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 Details
Property Type
Detached, 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
Other
Garage Type
None
Room Summary
RoomLevelSizeFeatures
KitchenMain11.25' x 13.32'
BrMain7.09' x 9.09'
Kitchen2nd16.50' x 23.16'
Br2nd7.09' x 9.09'
KitchenMain10.01' x 12.99'
BrMain4.00' x 4.99'
Kitchener Market Statistics
Kitchener Price Trend
11 MANSION St is a 3-bedroom 3-bathroom home listed for sale at $684,999, which is $187,286 (37.6%) higher than the average sold price of $497,713 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom home in Kitchener declined by $205,002 (29.2%) compared to the previous 30 day period (November 19 - December 18) and down $251,753 (33.6%) from the same time one year ago.
Inventory Change
There were 28 3-bedroom homes listed in Kitchener over the last 30 days (December 19 - January 17), which is down 54.8% compared with the previous 30 day period (November 19 - December 18) and up 75.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Kitchener typically sold ($147) (0.0%) below asking price over the last 30 days (December 19 - January 17), which represents a $2,323 increase compared to the previous 30 day period (November 19 - December 18) and $6,620 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 (December 19 - January 17) stood at 585.7%, up from 141.9% over the previous 30 days (November 19 - December 18) and up from 93.8% 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 21 days when successfully sold over the last 30 days (December 19 - January 17), compared to 95 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Real Estate Centre Inc.
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