190 Melrose Avenue, Kitchener, ON
Property no longer active
This property was sold on September 8, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow duplex located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $799,000 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 65.11 x 107.66 ft lot size
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Water Heater
- equipped with central air central cooling and highly efficient radiant heating via other
Description
A newly RENOVATED LEGAL DUPLEX on a LARGE lot, perfect for those looking for a turn-key investment, a mortgage helper, or to accommodate multi-generational families. With a potential yearly income of $57,000, this duplex features ample living space, a spacious garage, BRAND NEW legal basement apartment, all updated throughout with new luxury vinyl plank flooring, modern light fixtures, and fresh paint. The completely separate basement unit boasts TWO entrances - the main backyard entrance and a secondary garage entrance for added convenience and privacy. Abundant natural light bathes the units with the large windows throughout the upper and above-grade windows for the lower. The main floor hosts 3 generously-sized bedrooms and a 4-piece bathroom. The lower level has 2 large bedrooms, a 3-piece bathroom with a modern extra-large glass shower, a full kitchen with brand new stainless steel appliances, and a laundry room with full-size side-by-side washer & dryer. Safe and sound insulation between the units to minimize sound transfer and maximize privacy. This location is ideal, granting effortless access to neighbourhood amenities, nearby parks & conservation areas, close proximity to public transit, and straightforward highway access onto Conestoga Parkway. The generous lot offers the potential for an additional unit (ADU) in the rear yard for the opportunity to unlock additional value and income. See the potential for yourself on this not-to-be-missed property.
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Property Summary
This duplex located at 190 Melrose Avenue, Kitchener is currently for sale and has been available on SousaSells for 740 days. This property is listed at $799,000 with an estimated mortgage of $2,660* per month. It has 5 beds, 2 bathrooms, and is unknown square feet. 190 Melrose Avenue, Kitchener
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Kitchener.
- •5 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •Desirable Duplex architecture in Kitchener
Growing families needing multi-bedroom flexibility and space in Kitchener.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Hospital
- Library
- Place Of Worship
- Public Transit
- School
- School Bus Route
Interior Features
- Water Heater
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 190 Melrose Avenue, Kitchener, ON
Q.What is the asking price for 190 Melrose Avenue, Kitchener, ON ?
The current listing price for 190 Melrose Avenue, Kitchener, ON in Kitchener is $799,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 5 bedrooms and 2 bathrooms.
Q.What property type and architectural style is 190 Melrose Avenue, Kitchener, ON ?
190 Melrose Avenue, Kitchener, ON is a Duplex (Bungalow) featuring a Finished, Separate Entrance basement.
Q.What key property features does 190 Melrose Avenue, Kitchener, ON offer?
Key property features include: Hospital, Library, Place Of Worship, Public Transit, School, School Bus Route.
Q.What interior features are included in this home?
Interior highlights include: Water Heater.
Q.Is parking available at this property?
Yes, this property offers parking space for 3.0 vehicles (Built-In).
Q.What heating and cooling systems are installed?
Heating is provided via Other and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 190 Melrose Avenue, Kitchener, ON N2H 2C1
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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 $799,000 in Kitchener, the legal minimum down payment is $54,900 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 $12,455 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 $12,455.
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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.