362 Duke St W
Kitchener, N2H 3Y3
FOR SALE
$599,000
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5 + 1
BEDROOMS3
BATHROOMS1 + 2
KITCHENS12 + 2
ROOMSX11957797
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Property Description
+++PRICED FOR QUICK SALE+++ Great Opportunity To Secure this Large Property for Under $600k 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 Non 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 |
|---|---|---|---|---|---|
| 2025-01-15 | 2025-01-31 | 16 | $599,000 | - | Terminated |
| 2024-11-22 | 2025-01-03 | 42 | $699,900 | - | Terminated |
| 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
Detached, 3-Storey
Approximate Sq.Ft.
2000-2500
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 $599,000, which is $735,000 (55.1%) lower than the average sold price of $1,334,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 5 bedroom home in Kitchener increased by $269,000 (25.3%) compared to the previous 30 day period (December 22 - January 20) and up $754,000 (130.0%) from the same time one year ago.Inventory Change
There were 7 5-bedroom homes listed in Kitchener over the last 30 days (January 21 - February 19), which is up 133.3% compared with the previous 30 day period (December 22 - January 20) and up 75.0% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Kitchener typically sold $49,100 (3.7%) above asking price over the last 30 days (January 21 - February 19), which represents a $12,088 increase compared to the previous 30 day period (December 22 - January 20) and ($19,913) 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 (January 21 - February 19) stood at 28.6%, down from 133.3% over the previous 30 days (December 22 - January 20) and down from 75.0% 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 55 days when successfully sold over the last 30 days (January 21 - February 19), compared to 77 days before being removed from the market upon being suspended or terminated.Listing contracted with Kingsway Real Estate
Similar Listings
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!
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