73 Locust Street, Kitchener, ON

$895,000
MLS#:X9308785
5 beds
2 baths
3.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2 1/2 Storey"] duplex located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $895,000 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.

  • 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Premium 38 x 75.12 ft lot size
  • Features a ["partially finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: Water Softener
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Explore the pleasure of urban living with this renovated LEGAL DUPLEX, ideally positioned in the heart of Kitchener's Central Frederick neighbourhood. This home is a prime choice for first-time buyers or investors, offering substantial investment potential and a relaxed lifestyle. Near the University of Waterloo's School of Pharmacy, this home is close to employers such as Google and the Innovation Centre. Located within walking distance of the LRT, quick access to Highway 7/8 and the nearby GO Train for easy commutes to the GTA. The neighbourhood is bustling with cultural attractions including the Centre in the Square, Kitchener Market, The Museum, Library, Victoria Park, Kitchener Auditorium, and many dining options. It's a thriving hub of innovation/growth. The duplex features 2 meticulously designed above-grade units and a partially finished basement, ideal for those seeking a solid investment or a smart living arrangement. All bedrooms are above grade making both units feel like home. The main level unit of this duplex offers a 2-bedroom layout, including a large kitchen, 3-piece bath, living/dining room, laundry room and an amazing large front porch. Featuring 9ft ceilings, hardwood floors and extra soundproofing between the units for less noise transfer than traditional condos. The unfinished basement provides extra storage and future additional living space, enhancing the versatility of the property. The upper unit offers a 2-bedroom layout, a large sunroom, a finished attic, kitchen, 3-piece bath, living room, laundry; central heat and A/C for the second-floor unit combined with heat pump for additional independent comfort.

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Key Features

Bedrooms
5
Bathrooms
2
Kitchens
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 24, 2024
Sold price information is available to members only
Listed Date9/9/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDuplex
ConstructionBrick
Lot Size38 × 75.12 Feet
CountyWaterloo
Annual Tax$4,009.42
Legal DescriptionPT LT 14 PL 144 KITCHENER AS IN 1362465; KITCHENER

Parking & Garage

Parking Spaces3.0
Garage Spaces3
Garage TypeNone

Heating & Cooling

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

Features

Property Features

Community Features

Location

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73 Locust 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$679,911

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 73 Locust Street, Kitchener, ON N2H 1W8

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.

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Financial Audit

Estimated Costs

Loan Amount$716,000
Monthly Mortgage$4,160
Property Tax (Est.)$334
Utilities & Maint.$350
Total Monthly Cost$4,844

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.