45 Hohner Ave
Kitchener, N2H 2V3
FOR SALE
$825,000
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5
BEDROOMS3
BATHROOMS3
KITCHENS12
ROOMSX8316156
MLSIDContact Us
Property Description
This well-maintained triplex in the desirable East Ward of Kitchener offers an excellent investment opportunity. Each unit boasts its own in-suite laundry, with Unit A currently vacant, allowing for customizable rent. Situated within walking distance to Downtown Kitchener amenities such as Market Square and the Farmers Market, this property is conveniently located. Recent updates include many windows, wiring, and a new furnace in 2020. The upper unit features two bedrooms, an updated kitchen, and a separate laundry, while the main floor offers a spacious two-bedroom unit with a lovely kitchen and separate laundry. The basement unit includes a bedroom, den/office, separate laundry, and ample kitchen space. Whether you're seeking an investment property or a place to reside while renting out the other units, this triplex presents a fantastic opportunity.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-04-18 | 2022-07-29 | 102 | $899,900 | - | Expired |
Property Features
Place Of Worship, Public Transit, School
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Property Details
Street
City
Property Type
Triplex, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
41' x 100'
Acreage
< .50
Fronting
North
Taxes
$4,303 (2023)
Basement
Finished, Walk-Up
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
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Kitchener Market Statistics
Kitchener Price Trend
45 Hohner Ave is a 5-bedroom 3-bathroom home listed for sale at $825,000, which is $19,565 (2.3%) lower than the average sold price of $844,565 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 5 bedroom home in Kitchener declined by $1,117,435 (57.0%) compared to the previous 30 day period (March 15 - April 13) and down $132,935 (13.6%) from the same time one year ago.Inventory Change
There were 13 5-bedroom homes listed in Kitchener over the last 30 days (April 14 - May 13), which is up 333.3% compared with the previous 30 day period (March 15 - April 13) and up 62.5% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Kitchener typically sold $61,298 (7.3%) above asking price over the last 30 days (April 14 - May 13), which represents a $161,798 increase compared to the previous 30 day period (March 15 - April 13) and $27,550 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 (April 14 - May 13) stood at 23.1%, down from 133.3% over the previous 30 days (March 15 - April 13) and down 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 11 days when successfully sold over the last 30 days (April 14 - May 13), compared to 42 days before being removed from the market upon being suspended or terminated.Listing contracted with Exp Realty
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Investors And Contractors!!!! This Beauty Is A Gold Mine Of Opportunities! This Property, With SomeTLC Would be Great As A Rental Or A Total Reno and Multi Or Large Family Live In. With 6 Bedrooms,Everyone Can Have Their Own Private Space. Close to Public Transportation and Schools And ShoppingAs It Is Walking Distance To Downtown. Add 1 More Bedroom To 3rd Floor And A 3 Piece Bath. 2Additional Baths, 1 3 Piece And 1 4 Piece. Laundry Is In Basement.
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