860 Guelph St
Kitchener, N2H 5Z5
FOR SALE
$699,000
➧
➧
Browsing Limit Reached
Please Register for Unlimited Access
3 + 1
BEDROOMS2
BATHROOMS1 + 1
KITCHENS6 + 6
ROOMSX9352858
MLSIDContact Us
Property Description
INVESTOR OPPORTUNITY!!Welcome to this vacant legal duplex located in a serene, tree-lined neighborhood! Excellent cash flow opportunity in an easy area to find quality tenants; only steps away from a family-friendly park, public transit, restaurants, and minutes from the highway. This cozy, carpet-free home presents a unique opportunity for first time home buyers looking for a mortgage helper, or an investor hoping to choose their own tenants and set their own FMV rents. As you enter the 3 bedroom main floor unit you'll discover a bright, open-concept living/dining/kitchen area bathed in natural light. The kitchen is functional and ready for your personal touch, featuring a cozy breakfast area, ample cabinet storage, and has an excellent layout. This practical unit features main floor laundry, 4-piece bath, and 3 well-sized bedrooms.The 1 bedroom lower unit features an open concept living/kitchen/dining area, has a ton of storage space, and a separate entrance. Insuite laundry and 4-piece bath provide desirable convenience while the tall ceilings guarantee comfort. Pot lights, durable tile flooring, and large windows add to the coziness of this unit.You'll appreciate the spacious fully-fenced backyard with a sizable shed, newer deck, and a ton of privacy. The double-wide asphalt driveway provides ample parking space for residents and guests alike.This home blends comfort and potential, offering a perfect canvas for both first-time buyers and investors alike. The lush greenery surrounding the property enhances its peaceful, natural ambiance within the family-friendly community.Don't miss out on this gem!
Call
Property Features
Fenced Yard, Golf, Park, Public Transit, Rec Centre, School
Call
Property Details
Street
City
Property Type
Duplex, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
40' x 128'
Acreage
< .50
Lot Irregularities
39.85 x 127.94 x 40.06 x 127.96
Fronting
South
Taxes
$3,309 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
6
Driveway
Pvt Double
Garage Type
None
Call
Kitchener Market Statistics
Kitchener Price Trend
860 Guelph St is a 3-bedroom 2-bathroom home listed for sale at $699,000, which is $81,710 (10.5%) lower than the average sold price of $780,710 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 3 bedroom home in Kitchener declined by $5,430 (0.7%) compared to the previous 30 day period (July 21 - August 19) and up $2,916 (0.4%) from the same time one year ago.Inventory Change
There were 91 3-bedroom homes listed in Kitchener over the last 30 days (August 20 - September 18), which is up 23.0% compared with the previous 30 day period (July 21 - August 19) and up 40.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Kitchener typically sold $11,734 (1.5%) above asking price over the last 30 days (August 20 - September 18), which represents a $5,575 increase compared to the previous 30 day period (July 21 - August 19) and $16,615 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 3-bedroom homes in Kitchener over the last 30 days (August 20 - September 18) stood at 68.1%, down from 77.0% over the previous 30 days (July 21 - August 19) and up from 60.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Kitchener stood at 18 days when successfully sold over the last 30 days (August 20 - September 18), compared to 46 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Innovation Realty
Similar Listings
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!
Call
Prime Investment Opportunity: Purpose-Built Duplex at 16 Lemonbalm St, Kitchener Discover this well-maintained duplex, purpose-built in 2003, offering two fully independent units. The upper unit provides 1,014 sq. ft. with two bedrooms and one bathroom, while the lower unit is 654 sq. ft. with two bedrooms, one bathroom, and large egress windows that provide safety for occupants and flood the space with natural light. Each unit has its own gas and electricity meters, with separate 100-amp electrical panels and hot water heaters. Shared laundry facilities add convenience without compromising privacy. The attached garage, currently assigned to the upper tenant, includes a 10x10 mezzanine for additional storage. The property offers a total of four parking spaces: three in the driveway and one in the garage, ensuring ample parking for both units. Enjoy the backyard space, perfect for outdoor relaxation and the 2018 roof adds peace of mind. Location is Key! This duplex is perfect for tenants looking for convenience and accessibility. With proximity to Williamsburg Town Centre, Sunrise Shopping Centre, Huron Natural Area Trails, local parks, schools, and easy access to HWY 7/8, everything they need is just minutes away. Whether you're looking to expand your investment portfolio or live in one unit while renting out the other, this duplex offers endless possibilities. Don't miss out on this rare find in Kitchener!
Call
Call