121 Water Street, Kitchener, ON
Property no longer active
This property was sold on November 20, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $689,000 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 69.02 x 63.28 ft lot
- Features a development potential, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Water Heater, Water Softener
- equipped with window unit(s) central cooling and highly efficient forced air heating via gas
Description
Welcome to 121 Water Street S a 1910 Craftsman home where historic charm meets modern living, right in the heart of downtown Kitchener. Backing onto Victoria Park with lake views and just steps to the Iron Horse Trail, festivals, schools, Google, GO & ION transit, City Hall, shopping, and hospitals this location is unmatched. This beautifully maintained 3-bedroom, 2-bath home features award-winning Kitchener Blooms gardens and blends original architectural detail with stylish updates. The welcoming front porch leads into a formal living room perfect for entertaining, and then a bright, open-concept kitchen and dining area, all with expansive windows and views. A versatile bonus room with its own entrance offers a cozy retreat or home office space. Upstairs, find three bedrooms, a 4-piece bath, and attic access with future potential. The basement includes a 3-piece bath, laundry, workshop, rec space, and generous storage. Year-round blooms grace the boulevard garden, while the lush rear and side yard offers a private urban oasis. Thoughtfully updated from 20182025, including new windows, kitchen, baths, appliances, furnace, electrical, plumbing, and more. Once a non-conforming duplex, existing infrastructure (like second-floor plumbing and electrical rough-ins) offers future flexibility for an in-law suite or multi-generational living. Located in the Victoria Park Heritage District, this rare gem is ideal for those who love history, nature, and vibrant city life.
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Property Summary
This detached home located at 121 Water Street, Kitchener is currently for sale and has been available on SousaSells for 407 days. This property is listed at $689,000 with an estimated mortgage of $2,293* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 121 Water Street, Kitchener
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Kitchener.
- •3 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •1100-1500 sqft of generous functional square footage
Families, couples, or downsizers looking for a well-proportioned home in Kitchener.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Hospital
- Lake/Pond
- Park
- Place Of Worship
- Public Transit
- School
Interior Features
- Water Heater
- Water Softener
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 121 Water Street, Kitchener, ON
Q.What is the asking price for 121 Water Street, Kitchener, ON ?
The current listing price for 121 Water Street, Kitchener, ON in Kitchener is $689,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 2 bathrooms across approximately 1100-1500 sqft.
Q.What property type and architectural style is 121 Water Street, Kitchener, ON ?
121 Water Street, Kitchener, ON is a Detached (2-Storey) featuring a Development Potential, Unfinished basement.
Q.What key property features does 121 Water Street, Kitchener, ON offer?
Key property features include: Hospital, Lake/Pond, Park, Place Of Worship, Public Transit, School.
Q.What interior features are included in this home?
Interior highlights include: Water Heater, Water Softener.
Q.Is parking available at this property?
Yes, this property offers parking space for 2.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Window Unit(s).
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Pricing & Value Insights
Data-driven valuation for 121 Water Street S, Kitchener, ON N2G 1Z4
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Kitchener, ON
For a property listed at $689,000 in Kitchener, the legal minimum down payment is $43,900 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 $10,255 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 $10,255.
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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.