301 Highland Rd E

Kitchener, N2M 3W6
FOR SALE
$599,000
301 Highland Rd E, Kitchener
301 Highland Rd E
301 Highland Rd E
301 Highland Rd E
301 Highland Rd E
301 Highland Rd E
301 Highland Rd E
301 Highland Rd E
301 Highland Rd E
301 Highland Rd E
301 Highland Rd E
301 Highland Rd E
301 Highland Rd E
301 Highland Rd E
301 Highland Rd E
301 Highland Rd E
301 Highland Rd E
301 Highland Rd E
301 Highland Rd E
301 Highland Rd E
301 Highland Rd E
301 Highland Rd E
301 Highland Rd E
301 Highland Rd E
301 Highland Rd E
301 Highland Rd E
301 Highland Rd E
301 Highland Rd E
301 Highland Rd E
301 Highland Rd E
301 Highland Rd E
301 Highland Rd E
301 Highland Rd E
301 Highland Rd E
301 Highland Rd E
301 Highland Rd E
301 Highland Rd E
301 Highland Rd E
301 Highland Rd E
301 Highland Rd E
301 Highland Rd E
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4
BEDROOMS
2
BATHROOMS
2
KITCHENS
15
ROOMS
X12015417
MLSID
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Property Description
VACANT LEGAL DUPLEX WITH DETACHED GARAGE W LOFT - with separate hydro meters and private entrances! The upper unit features 3bedrooms and a 4-piece bathroom, while the basement unit offers 1 bedroom and a 4-piece bathroom. Both units boast spacious kitchens and in-unit laundry for added convenience. Numerous updates include a new roof (2017), complete lower apartment renovation with new electrical, insulation, and flooring (2019), attic re-insulation, rebuilt main laundry/mudroom, and staircase to the lower unit. The property also passed the final inspection for a duplex permit from the City of Kitchener in 2021. A great investment opportunity or multi-generational living solution!
Property Details
Property Type
Detached, 1 1/2 Storey
Lot Size
44' x 100'
Fronting
East
Taxes
$3,348 (2024)
Basement
Apartment, Finished
Exterior
Alum Siding, Brick
Heat Type
Other
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Garage Type
Detached
Kitchener Market Statistics
Kitchener Price Trend
301 Highland Rd E is a 4-bedroom 2-bathroom home listed for sale at $599,000, which is $431,000 (41.8%) 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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