14 Kennedy Avenue, Kitchener, ON

$1,049,000
MLS#:X9508048
4 beds
3 baths
3.0 parking
Residential Freehold
14 Kennedy Avenue, Kitchener, ON N2G 2Z8
⚠️

Property no longer active

This property was sold on January 22, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey triplex located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium brick and shingle construction, this residence presents an exceptional opportunity offered at $1,049,000 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.

  • 4 Bedrooms and 3 Bathrooms with 3 functional kitchens
  • Premium 40 x 100 ft lot size
  • Features a apartment, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Fully renovated, fully furnished and fully rented out with Mid Term Rentals, this legal triplex features excellent rents. The is one of the most lucrative investment properties on the market. 6% Cap Rate. Come check this out this great income producing property and find out how you can cash flow right away. This is a Turn Key, Ready, Set and Go opportunity for an investor. Close to vibrant downtown core, public transit and Hwy 7/8, Kitchener Market, ION and Victoria Park and walking& bike trails. Three completely independent units, each with separate entrances and a parking spot. This property was completely renovated to cater for higher rents on the mid-term market quartz countertops, stainless steel appliances, including dishwasher sand individual washer and dryers, modern bathrooms, and fully furnished to the highest detail living rooms, bedrooms, kitchen and baths, all the furniture and appliances and TV's are included in the sale.

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Property Summary

This triplex located at 14 Kennedy Avenue, Kitchener is currently for sale and has been available on SousaSells for 654 days. This property is listed at $1,049,000 with an estimated mortgage of $3,492* per month. It has 4 beds, 3 bathrooms, and is unknown square feet. 14 Kennedy Avenue, Kitchener

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 4 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Kitchener.

Highly Recommended for Families
What We Love About This Home
  • 4 spacious bedroom layout offering versatile living space
  • 3 well-appointed bathrooms
  • Desirable Triplex architecture in Kitchener
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Kitchener.

Target Buyer Match

Key Features

Bedrooms
4
Bathrooms
3
Kitchens
3
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 22, 2025
Sold price information is available to members only
Listed Date10/21/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeTriplex
Architectural Style2-Storey
ConstructionBrick, Shingle
BasementApartment, Separate Entrance
Lot Size40 × 100 Feet
CountyWaterloo
Annual Tax$3,450
Legal DescriptionLOT 37, PLAN 239 AND SOUTH 1/2 LANE PLAN 239, KITCHENERCLOSED BY 415737 ABUTTING LOT 37, KITCHENER.

Parking & Garage

Parking Total3.0
Parking Space3
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Public Transit
  • School Bus Route

Interior Features

  • Other

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 14 Kennedy Avenue, Kitchener, ON

Q.What is the asking price for 14 Kennedy Avenue, Kitchener, ON ?

The current listing price for 14 Kennedy Avenue, Kitchener, ON in Kitchener is $1,049,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 4 bedrooms and 3 bathrooms.

Q.What property type and architectural style is 14 Kennedy Avenue, Kitchener, ON ?

14 Kennedy Avenue, Kitchener, ON is a Triplex (2-Storey) featuring a Apartment, Separate Entrance basement.

Q.What key property features does 14 Kennedy Avenue, Kitchener, ON offer?

Key property features include: Public Transit, School Bus Route.

Q.What interior features are included in this home?

Interior highlights include: Other.

Q.Is parking available at this property?

Yes, this property offers parking space for 3.0 vehicles (None).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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14 Kennedy Avenue, Kitchener, ON

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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 14 Kennedy Avenue, Kitchener, ON N2G 2Z8

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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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Kitchener.

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Interest Rate4.00%
Down Payment$314,700 (30.0%)
* Minimum Canadian down payment required for this price is $209,800.
Amortization Period30 Years
Estimated Monthly Payment$3,492Based on a loan of $734,300 over 30 years.
Purchase Price$1,049,000
Loan Amount$734,300
Provincial Land Transfer Tax:$17,455
Total Estimated Closing Taxes:$17,455

About Purchasing a Home in Kitchener, ON

For a property listed at $1,049,000 in Kitchener, the legal minimum down payment is $209,800 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 $17,455 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 $17,455.

Kitchener 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$781,951

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%

Best Schools in Kitchener

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
A R Kaufman
PublicCarwood Avenue, Rockway, Kitchener, Ontario, N2G 3C5
2.0
Queen Elizabeth
Public191 Hoffman Street, Southdale, Kitchener, Ontario, N2M 3N2
4.0
Rockway
Public110 Doon Road, Rockway, Kitchener, Ontario, N2G 3C8
3.6

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
Cameron Heights
Public301 Charles Street East, King East, Kitchener, Ontario, N2G 2P8
7.5

Kitchener Demographic Home information

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.