332 Prospect Avenue, Kitchener, ON

$349,900
MLS#:X12104181
0 beds
0 baths
< 700 sqft
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable [] vacant land located in the coveted neighborhood of Kitchener. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $349,900 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.

  • 0 Bedrooms and 0 Bathrooms
  • Generous living space spanning < 700 sqft on a premium 56.24 x 81.01 ft lot
  • Features a [] basement, adding superb versatility for recreation, a home gym, or extra storage
  • Notable attributes: None
  • equipped with [] central cooling

RARE OPPORTUNITY - Fully serviced lot ready to be built on in a sought after location in the City of Kitchener. Fully approved plans are in place to build a LEGAL TRIPLEX consisting of three 2 bed / 2 bath units and THREE side by side parking spaces at the front of the building (NOT in tandem!). Servicing (installed in 2017), parkland dedication, engineering for servicing, variance and planning fees and architectural drawings have all been covered by the seller, resulting in substantial financial and time savings for a builder/investor looking to complete their next project. BONUS - The seller has also had a 15Ft x 7Ft concrete shed base poured at the rear of the site, allowing for the construction of a 3-bay shed (Approx. 7Ft x 5Ft Each), one for each unit!

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Key Features

000
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 6, 2025
Sold price information is available to members only
Listed Date4/25/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
Lot Size56.24 × 81.01 Feet
CountyWaterloo
Annual Tax$2,023.8
Legal DescriptionPT LT 15 PL 943 BEING PART 2 ON 58R19728 CITY OF KITCHENER

Heating & Cooling

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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332 Prospect Avenue, Kitchener, ON

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 332 Prospect Avenue, Kitchener, ON N2A 1C7

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$279,920
Monthly Mortgage$1,626
Property Tax (Est.)$169
Utilities & Maint.$350
Total Monthly Cost$2,145

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.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Kitchener.

Verified Local Data
City Population575,847
City Median Age38 Yrs
City Ownership65% Owners
Avg Area List Price$738,406

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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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.