211 Weber St E
Kitchener, N2H 1E7
FOR SALE
$775,000

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Property Description
Legal Duplex in Prime Kitchener Location Perfect Investment or Multi-Generational Home! This freshly updated legal duplex in Kitchener offers an amazing opportunity for investors or families seeking rental income. Conveniently located near shopping, parks, schools, and more, this home is move-in ready with key upgrades throughout! The upper unit freshly painted with a welcoming foyer for outdoor storage, 2 bedrooms, two bright living spaces, and a newly renovated full-sized kitchen with updated plumbing and ample cabinetry. The 4-piece bathroom has also been upgraded with new plumbing. The lower unit features 2 bedrooms, a sleek 3-piece bathroom with a glass stand-up shower and tiled walls, and a separate laundry space. The attic has been recently finished, converting into a spacious second bedroom. Recent Updates in the home include: Electrical upgraded (2019) with a separate meter for the top unit, new sewage lines in the basement and a new eavestroughs with leaf guard on the home & garage. This versatile property offers modern upgrades, separate laundry for each unit, and a prime locationa fantastic investment or a comfortable home with rental income potential!
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Property Details
Street
City
Property Type
Duplex, 2-Storey
Fronting
East
Taxes
$4,098 (2024)
Basement
Finished, Full
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Available
Garage Type
Detached
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Kitchener Market Statistics
Kitchener Price Trend
211 Weber St E is a 4-bedroom 2-bathroom home listed for sale at $775,000, which is $255,000 (24.8%) lower than the average sold price of $1,030,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in Kitchener increased by $15,625 (1.5%) compared to the previous 30 day period (December 22 - January 20) and up $186,760 (22.1%) from the same time one year ago.Inventory Change
There were 38 4-bedroom homes listed in Kitchener over the last 30 days (January 21 - February 19), which is up 40.7% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Kitchener typically sold ($26,300) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $15,528 decrease compared to the previous 30 day period (December 22 - January 20) and $2,761 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 4-bedroom homes in Kitchener over the last 30 days (January 21 - February 19) stood at 39.5%, down from 44.4% over the previous 30 days (December 22 - January 20) and down from 80.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Kitchener stood at 43 days when successfully sold over the last 30 days (January 21 - February 19), compared to 64 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Twin City Realty Inc.
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