349 Mill St
Kitchener, N2M 3R9
FOR SALE
$869,900
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5 + 1
BEDROOMS3
BATHROOMS2 + 1
KITCHENS12 + 4
ROOMSX9311004
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Property Description
Attention Investors and First-Time Buyers! Welcome to 349 Mill Street, Kitchenera prime opportunity to enhance your investment portfolio or secure a home with a built-in mortgage helper. This turnkey up/down duplex sits on a spacious 0.48-acre corner lot in Kitchener West, just minutes from downtown offering 6 BEDROOMS & 3 FULL BATHROOMS. This large, fully occupied, legal duplex has been meticulously updated, offering a bright and welcoming space that is move-in ready. Each unit has its own meter and can be easily converted into a triplex. The main-level unit is expansive, featuring multi-level living with 5 bedrooms and 2 bathrooms. It boasts a carpet-free environment, an eat-in kitchen fully equipped with appliances and ample cabinetry, and a living room with pot lights perfect for family gatherings. Additional features include a laundry room and extra storage space. The upper unit, accessible via a separate entrance, features luxury vinyl flooring, a light-filled living room, an office space, one bedroom, and a 4-piece bathroom with a glass walk-in shower. The well-designed kitchen offers access to a balconyideal for morning coffee or evening relaxation. This unit also has its own separate laundry facilities. Both units are equipped with ductless air conditioning and heating systems, totaling 8 wall units (5 on the main level and 3 on the upper level). Outside, you'll find a large, fully fenced backyard, perfect for summer activities. The property includes a one-car garage and a five-car driveway, offering ample parking space. Centrally located, this property is close to schools, hospitals, shopping, and has easy access to Highways 7/8, LRT, VIA Rail, and GO service transit. It's just minutes from downtown Kitchener and parks. The house is currently vacant. Dont miss out on this exceptional propertybook your private showing today!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-11 | 2024-09-10 | 61 | $869,900 | - | Terminated |
| 2023-06-26 | 2023-07-04 | 8 | $799,900 | - | Terminated |
Property Features
Fenced Yard, Park, Public Transit, School
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Property Details
Street
City
Property Type
Duplex, 2-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
127' x 125'
Acreage
< .50
Fronting
East
Taxes
$3,895 (2024)
Basement
Finished, Full
Exterior
Brick, Vinyl Siding
Heat Type
Other
Heat Source
Electric
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
5
Driveway
Pvt Double
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Prim Bdrm | Main | 3.28' x 3.28' | |
| 2nd Br | Main | 3.28' x 3.28' | |
| 3rd Br | Main | 3.28' x 3.28' | |
| 4th Br | Main | 3.28' x 3.28' | |
| Bathroom | Main | 3.28' x 3.28' | 4 Pc Bath |
| Kitchen | Main | 3.28' x 3.28' | |
| Bathroom | Bsmt | 3.28' x 3.28' | 4 Pc Bath |
| Br | Bsmt | 3.28' x 3.28' | |
| Br | 2nd | 3.28' x 3.28' | |
| Bathroom | 2nd | 3.28' x 3.28' | 4 Pc Bath |
| Kitchen | 2nd | 3.28' x 3.28' | |
| Laundry | 2nd | 3.28' x 3.28' |
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Kitchener Market Statistics
Kitchener Price Trend
349 Mill St is a 5-bedroom 3-bathroom home listed for sale at $869,900, which is $285,100 (24.7%) lower than the average sold price of $1,155,000 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 5 bedroom home in Kitchener increased by $390,000 (51.0%) compared to the previous 30 day period (July 21 - August 19) and down $240,000 (17.2%) from the same time one year ago.Inventory Change
There were 16 5-bedroom homes listed in Kitchener over the last 30 days (August 20 - September 18), which is up 220.0% compared with the previous 30 day period (July 21 - August 19) and up 100.0% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Kitchener typically sold ($64,000) (5.5%) below asking price over the last 30 days (August 20 - September 18), which represents a $50,000 decrease compared to the previous 30 day period (July 21 - August 19) and ($24,000) 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 (August 20 - September 18) stood at 31.2%, up from 20.0% over the previous 30 days (July 21 - August 19) and up from 25.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 3-bathroom home in Kitchener stood at 18 days when successfully sold over the last 30 days (August 20 - September 18), compared to 63 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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