362 Duke St W
Kitchener, N2H 3Y3
FOR SALE
$699,900
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5 + 1
BEDROOMS3
BATHROOMS1 + 2
KITCHENS12 + 2
ROOMSX10441374
MLSIDContact Us
Property Description
Great Opportunity To Secure this Over 4000+ Sq Ft for Under $700k In A Highly Sought After Neighborhood Within Walking Distance From Downtown Kitchener. Endless Opportunities With Some TLC Required. Great For Investors As an Income Generating Triplex, Super Opportunity For Flippers renovators. Legal Con Confirming Triplex. Live on One Floor & Let the Other 2 Floors Pay For your Mortgage. OR JUST GREAT FOR AN EXTENDED FAMILY OR JOINT FAMILY SYSTEM WITH 6 BEDROOM & 3 FULL WASHROOMS. Separate Entrances to All the units. High Ceilings. Parking For 6 Cars on The Driveway. Separate Detached Workshop With a Rooftop Patio. Can Be Converted to an Oversize Garage too. Property Is Sold in AS IS condition. Basement is Partially Finished With Full Height. Close to Shopping, Google, Transit, Restaurants, Hospital & All The Kitchener Downtown Activities.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-02-21 | 2024-10-31 | 253 | $689,000 | - | Expired |
| 2024-02-21 | 2024-06-20 | 120 | $749,000 | - | Expired |
Property Features
Arts Centre, Fenced Yard, Hospital, Library, Park, Place Of Worship
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Property Details
Street
City
Property Type
Triplex, 3-Storey
Approximate Sq.Ft.
3500-5000
Acreage
< .50
Lot Irregularities
35.78 ft x 44.52 ft x 89.26 ft
Fronting
West
Taxes
$4,722 (2024)
Basement
Part Fin
Exterior
Brick, Vinyl Siding
Heat Type
Water
Heat Source
Gas
Air Conditioning
Window Unit
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 8.56' x 13.12' | |
| Dining | Main | 8.63' x 13.22' | |
| Living | Main | 11.38' x 16.34' | |
| Breakfast | Main | 7.19' x 9.78' | |
| Br | Main | 11.52' x 15.42' | |
| 2nd Br | Main | 10.63' x 11.78' | |
| Kitchen | 2nd | 6.46' x 13.25' | |
| 3rd Br | 2nd | 11.81' x 13.39' | |
| 4th Br | 2nd | 9.94' x 11.42' | |
| 5th Br | 2nd | 10.66' x 11.42' | |
| Loft | 3rd | 11.35' x 19.06' | |
| Kitchen | 3rd | 7.51' x 9.38' |
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Kitchener Market Statistics
Kitchener Price Trend
362 Duke St W is a 5-bedroom 3-bathroom home listed for sale at $699,900, which is $190,100 (21.4%) lower than the average sold price of $890,000 in the last 30 days (October 27 - November 25). During the last 30 days the average sold price for a 5 bedroom home in Kitchener declined by $95,000 (9.6%) compared to the previous 30 day period (September 27 - October 26) and down $72,500 (7.5%) from the same time one year ago.Inventory Change
There were 8 5-bedroom homes listed in Kitchener over the last 30 days (October 27 - November 25), which is down 46.7% compared with the previous 30 day period (September 27 - October 26) and up 33.3% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Kitchener typically sold ($9,566) (1.1%) below asking price over the last 30 days (October 27 - November 25), which represents a $566 decrease compared to the previous 30 day period (September 27 - October 26) and ($39,500) more 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 (October 27 - November 25) stood at 37.5%, down from 46.7% over the previous 30 days (September 27 - October 26) and down from 66.7% 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 28 days when successfully sold over the last 30 days (October 27 - November 25), compared to 117 days before being removed from the market upon being suspended or terminated.Listing contracted with Kingsway Real Estate
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