171 Victoria Street, Kitchener, ON
Property Highlights
Welcome to this remarkable office 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 $1,395,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 66.39 x 151.38 ft lot size
- Convenient outside/surface garage included
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Opportunity for an owner-user seeking a well-located property in Kitchener. 171 Victoria Street N is a 5,225 sq. ft. vacant three storey commercial building. Located in the heart of Kitchener, adjacent to Kitchener GO Station is within close proximity to Highway 8 providing ample access throughout the Region. The building has exceptional profile along Victoria Street N, a major thoroughfare in Kitchener. The site has on-site parking stalls and sits on 0.231 acres.
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Pricing & Value Insights
Data-driven valuation for 171 Victoria Street, Kitchener, ON N2H 5C5
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About Purchasing a Home in Kitchener, ON
For a property listed at $1,395,000 in Kitchener, the legal minimum down payment is $279,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $24,375 for this transaction. As this listing is in Kitchener (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $24,375.
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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.