69 Glen Park Cres
Kitchener, N2N 1G1
FOR SALE
$874,900
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5
BEDROOMS2
BATHROOMS2
KITCHENS7 + 7
ROOMSX9306025
MLSIDContact Us
Property Description
Legal BUNGALOW duplex nestled in the highly desirable Forest Heights neighbourhood! 3 bedroom Main floor unit and a 2 bedroom lower unit with a full walkout & TWO PRIVATE DRIVEWAYS!!! This is a must have for any portfolio! Both units are very bright & spacious with ensuite laundry and private separate entrances. Each unit has parking for a minimum of 2 cars. Located conveniently to shopping, highway access & schools this is the perfect home to start your rental portfolio
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-03 | 2024-08-08 | 36 | $887,500 | - | Terminated |
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Property Details
Street
City
Property Type
Duplex, Bungalow
Lot Size
68' x 115'
Acreage
< .50
Fronting
South
Taxes
$4,404 (2024)
Basement
Finished, Full
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Br | Main | 10.86' x 13.62' | |
| 2nd Br | Main | 10.73' x 11.38' | |
| 3rd Br | Main | 11.52' x 10.24' | |
| Dining | Main | 8.14' x 10.30' | |
| Kitchen | Main | 9.55' x 16.99' | |
| Living | Main | 10.89' x 15.91' | |
| 4th Br | Bsmt | 9.06' x 11.98' | |
| 5th Br | Bsmt | 14.80' x 16.01' | |
| Dining | Bsmt | 8.56' x 9.78' | |
| Kitchen | Bsmt | 11.98' x 8.69' | |
| Rec | Bsmt | 19.32' x 13.68' | |
| Utility | Bsmt | 12.37' x 7.28' |
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Kitchener Market Statistics
Kitchener Price Trend
69 Glen Park Cres is a 5-bedroom 2-bathroom home listed for sale at $874,900, which is $15,100 (1.7%) 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 2-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 Royal Lepage Wolle Realty
Similar Listings
This property is perfect for Investors/buyers who appreciate distinguished homes and seek supplementary rental income or investment opportunities. Classic charm meets modern potential in this turn-key cash flow property, located in a prime downtown neighborhood. With a legal duplex and a basement in-law suite featuring a separate exit, this property offers versatile living arrangements. Plus, enjoy the convenience of three dedicated parking spaces in the back. This property boasts an impressive rental income of $4,550.00 per month, with a breakdown of $2,100.00 for the 3-bedroom unit, $1,900.00 for the 2-bedroom unit, and $550 for the in-law suite in basement. Tenants cover hydro costs, and the high-efficiency hot water boiler helps keep heating expenses low. All rental units are currently on a month-to-month basis, offering flexibility for new ownership. Financials are available upon request, and you'll find clean, low-maintenance units. Don't miss out on this unique opportunity!
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This legal duplex with R-2 zoning is the property you've been waiting for! A stunning, solid brick home, its ideally situated within walking distance of St. Mary's Hospital, bus and LRT stations, and all the vibrant amenities of Downtown Kitchener. Both units have been beautifully renovated. The property features a spacious 3-bedroom apartment on the second level, which includes three bright bedrooms (one currently used as a living room), a dining room, kitchen, and a 4-piece bathroom. The main level hosts a cozy 1-bedroom apartment with a 3-piece bathroom and an open-concept kitchen, dining, and living area. The large backyard is perfect for family gatherings, and there's ample parking with space for up to 4 cars in the garage and driveway. Above the garage, you will find an additional space that could serve as a workshop or be converted into a charming office with its own deck. With potential to add a third unit in the basement, this property offers endless possibilities. Whether you're looking to live in one unit and rent out the other or seeking a lucrative investment property, this is a fantastic addition to any real estate portfolio!
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