220 Bruce Street, Kitchener, ON
Property Highlights
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 $699,999 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 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 52 x 125 ft lot
- Features a apartment, finished, full, separate entrance, walk-up basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Accessory Apartment, Carpet Free, In-Law Capability
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
FULLY VACANT - Set Your Own Rents! Opportunity knocks in desirable Rosemount. This legal detached duplex is ideal for first-time buyers seeking a mortgage helper, investors looking for strong returns, or multi-generational living. The bright upper unit offers 3 bedrooms, while the fully renovated lower suite (2020) features 1 bedroom, 1 bathroom, and a separate entrance. Both units include in-suite laundry for added convenience. Extensive updates include: Furnace & A/C (2025), Water Heater (2024), Roof/Eaves/Fascia (2019), Basement Windows (2014), Egress Window (2020), Deck, BBQ Gazebo & Fence (2014), Front Window Pane (2019), Parging (2015), plus upgraded insulation, plumbing, and electrical in the basement (2020). Most appliances replaced in 2020. The upper unit was cosmetically refreshed in 2020, and the lower unit underwent a complete renovation and legal duplex conversion. Situated on a partially fenced 52' x 125' lot with a large shed and parking for 4. Move-in ready and ideally located just minutes to Hwy 85, downtown, parks, schools, and shopping. Live in one, rent the other - or rent both. Smart, flexible, income-generating potential. Some photos virtually staged.
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Key Features
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Property Details
Parking & Garage
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Features
Property Features
Interior Features
Accessory Apartment, Carpet Free, In-Law Capability, In-Law Suite, Primary Bedroom - Main Floor, Separate Hydro Meter, Upgraded Insulation, Water Heater, Water Meter, Water Softener
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Location
Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 220 Bruce Street, Kitchener, ON N2B 1Z3
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About Purchasing a Home in Kitchener, ON
For a property listed at $699,999 in Kitchener, the legal minimum down payment is $45,000 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 $10,475 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 $10,475.
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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.