137 Huber Street, Kitchener, ON

$890,000
MLS#:X9239939
6 beds
2 baths
2000-2500 sqft
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow-Raised"] duplex located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $890,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 6 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2000-2500 sqft on a premium 24.65 x 164.68 ft lot
  • Features a ["separate entrance", "finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: Separate Heating Controls, Separate Hydro Meter
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Step into a world of opportunity with this purpose-built duplex, 2 x 3 bedroom units, 4 parking spots, boasting $57,600.00 in annual gross rental income. Nestled on a serene street in the Centreville neighbourhood, this recently updated property invites investors and multi-generational families to capitalize on its dual-unit appeal. Each unit features an open plan living/dining/kitchen area, tailored for modern lifestyles. The upper unit, refreshed in January 2024, showcases 9-ft ceilings and expansive windows that flood the space with natural light. Similarly, the lower unit, renovated in April 2024, benefits from large windows, ensuring a bright, welcoming atmosphere. Both units are meticulously designed for ease of living and maintenance, with 3 bedrooms, each bedroom equipped with ample closet space, each unit with its own separate laundry room/facilities, and carpet-free flooring throughout for straightforward upkeep. Additionally, each unit offers the benefit of separate furnaces/AC, and water heaters along with the convenience of separately metered utilitieshydro, gas, and waterallowing tenants to manage their own expenses efficiently. Outside, the property features a sizable backyard with a storage shed, offering plenty of space for relaxation and storage, complemented by 4 dedicated parking spaces. The duplex's location in Centreville amplifies its appeal, situated within walking distance to a variety of dining options, extensive retail and grocery outlets, and leisure facilities at Chicopee Ski/Summer Resort. Idlewood Park, just a 10-minute walk away, offers a playground, outdoor pool, and scenic trails. Highway access is only 2 minutes away, connecting residents easily to Waterloo, Cambridge, and the 401. This duplex represents not just a home, but a lucrative investment opportunity in Kitcheners vibrant rental market for its future owners.

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Key Features

Bedrooms
6
Bathrooms
2
Kitchens
2
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 23, 2024
Sold price information is available to members only
Listed Date8/5/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDuplex
ConstructionBrick, Vinyl Siding
Lot Size24.65 × 164.68 Feet
CountyWaterloo
Annual Tax$4,034.87
Legal DescriptionPT LT 149 & 150 PL 308, BEING PART 2 ON 58R-17544 CITY OF KITCHENER

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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137 Huber Street, Kitchener, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Kitchener.

Verified Local Data
Population575,847
Median Age38 Yrs
Ownership65% Owners
Avg Area List Price$679,518

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
45%
Couples without children
28%
Other households
3%

Top Ethnic Origins

English18%
German17%
Scottish15%
Irish15%

Local Schools Guide

Elementary Schools

Our Lady of Grace
Public70 Gracefield Crescent, Alpine, Kitchener, Ontario, N2E 1R9
7.3
Alpine
Public75 Lucerne Drive, Alpine, Kitchener, Ontario, N2E 1B4
5.8
Queen Elizabeth
Public191 Hoffman Street, Southdale, Kitchener, Ontario, N2M 3N2
4.0
A R Kaufman
PublicCarwood Avenue, Rockway, Kitchener, Ontario, N2G 3C5
2.0
Country Hills
Public195 Country Hill Drive, Country Hills, Kitchener, Ontario, N2E 2G7
4.4

Secondary Schools

St. Mary’s
Catholic1500 Block Line Road, Kitchener, Ontario, N2C 2S2
6.1
Eastwood
Public760 Weber Street East, Eastwood, Kitchener, Ontario, N2H 1H6
5.8

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 137 Huber Street, Kitchener, ON N2A 1S2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$712,000
Monthly Mortgage$4,137
Property Tax (Est.)$336
Utilities & Maint.$350
Total Monthly Cost$4,823

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Kitchener.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.