31 Louisa St
Kitchener, N2H 5L7
FOR SALE
$649,900
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5
BEDROOMS1
BATHROOMS1
KITCHENS9 + 2
ROOMSX8239508
MLSIDContact Us
Property Description
Welcome to 31 Louisa Street! This two-storey duplex is in a prime location, within walking distance to schools, public transit and Downtown Kitchener. This property offers convenience and space. This home presents great opportunity if you're looking for a generational home or an excellent investment opportunity. Don't miss out on the chance to make this home your own!
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Property Details
Street
City
Property Type
Duplex, 2 1/2 Storey
Approximate Sq.Ft.
1500-2000
Lot Size
40' x 118'
Acreage
< .50
Fronting
South
Taxes
$3,515 (2023)
Basement
Full, Part Fin
Exterior
Brick
Heat Type
Baseboard
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
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Kitchener Market Statistics
Kitchener Price Trend
31 Louisa St is a 5-bedroom 1-bathroom home listed for sale at $649,900, which is $730,700 (52.9%) lower than the average sold price of $1,380,600 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 5 bedroom home in Kitchener declined by $319,300 (18.8%) compared to the previous 30 day period (February 29 - March 29) and up $199,100 (16.9%) from the same time one year ago.Inventory Change
There were 9 5-bedroom homes listed in Kitchener over the last 30 days (March 30 - April 28), which is up 80.0% compared with the previous 30 day period (February 29 - March 29) and up 80.0% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Kitchener typically sold ($33,102) (2.4%) below asking price over the last 30 days (March 30 - April 28), which represents a $34,002 decrease compared to the previous 30 day period (February 29 - March 29) and ($31,999) 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 5-bedroom homes in Kitchener over the last 30 days (March 30 - April 28) stood at 55.6%, down from 60.0% over the previous 30 days (February 29 - March 29) and down from 80.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 1-bathroom home in Kitchener stood at 20 days when successfully sold over the last 30 days (March 30 - April 28), compared to 39 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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