257 Victoria St S

Kitchener, N2G 2C1
FOR SALE
$1,950,000
257 Victoria St S, Kitchener
257 Victoria St S
257 Victoria St S
257 Victoria St S
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
X8313510
MLSID
Contact Us
Property Description
The Listing Price Is For 2 Lots (251 And 257 Victoria St). Very Large Lot, Located Near The Iron Horse Trail And Victoria Park, The Properties Are Zoned R2 For Medium Density Residential. Currently in the process of PAC approval from the city for a 9 story rental building.
Property Features
Hospital, Library, Park, Place Of Worship, Public Transit, Rec Centre
Property Details
Property Type
Detached, 2-Storey
Lot Size
39' x 189'
Fronting
South
Taxes
$4,102 (2024)
Basement
Full, Part Fin
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
Kitchener Market Statistics
Kitchener Price Trend
257 Victoria St S is a 3-bedroom 2-bathroom home listed for sale at $1,950,000, which is $1,190,500 (156.7%) higher than the average sold price of $759,500 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 3 bedroom home in Kitchener declined by $36,580 (4.6%) compared to the previous 30 day period (March 15 - April 13) and down $82,073 (9.8%) from the same time one year ago.
Inventory Change
There were 114 3-bedroom homes listed in Kitchener over the last 30 days (April 14 - May 13), which is up 60.6% compared with the previous 30 day period (March 15 - April 13) and up 96.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Kitchener typically sold $46,575 (6.1%) above asking price over the last 30 days (April 14 - May 13), which represents a $13,495 increase compared to the previous 30 day period (March 15 - April 13) and $86,897 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 (April 14 - May 13) stood at 59.6%, down from 87.3% over the previous 30 days (March 15 - April 13) and down from 105.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Kitchener stood at 11 days when successfully sold over the last 30 days (April 14 - May 13), compared to 16 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homula Realty
Similar Listings
251 Victoria St S, Kitchener
3
BEDS
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BATHS
$1,950,000
FOR SALE
The Listing Price Is For 2 Lots (251 And 257 Victoria St). Very Large Lot, Located Near The Iron Horse Trail And Victoria Park, The Properties Are Zoned R2 For Medium Density Residential. Currently in the process of PAC approval from the city for a 9 story rental building.
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