Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $599,900 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.
60 x 145 on OttawaSt, RES-4 zoning, do the math. Solid brick bungalow on one of south Kitchener's most connected corridors. 3 bedrooms up, full kitchen and bath already roughed in below, this one's ready to work for you whether you live in it, rent it, or build on it. The lot is the story. 60 feet of frontage, 145 feet deep, zoned RES-4 with severance and multi-unit potential under Kitchener's current density permissions. Enough room to explore a duplex conversion, a backyard dwelling, or a full redevelopment play. Inside, the layout is clean and functional. Main floor has good natural light, and a practical kitchen. The lower level is a blank canvas with plumbing and electrical already in place. Attached garage. Six-car driveway. Outside, mature trees frame a backyard that feels endless. Quiet pocket of the street, minutes to the 401, close to schools, shopping, and transit routes. Recent updates include: Roof (2019), Furnace/AC (2021), Main floor windows, exterior doors, garage door (2021). Whether you're an end-user who wants space to grow, an investor looking for a legal duplex conversion, or a builder who sees what 8,800 square feet of RES-4 land can become, this is the one to walk through.
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Data-driven valuation for 1200 Ottawa Street S, Kitchener, ON N2E 1L8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Kitchener.
About Purchasing a Home in Kitchener, ON
For a property listed at $599,900 in Kitchener, the legal minimum down payment is $34,990 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 $8,473 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 $8,473.
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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.