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 $699,900 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.
Welcome Home to 223 Connaught Street, a beautifully renovated bungalow offering exceptional flexibility and income potential. Pride of ownership is evident throughout the home, from the thoughtfully maintained landscaping to the updated electrical panel, creating a sense of confidence in the home's condition the moment you walk through. Updated approximately five years ago, this property blends modern finishes with practical living for both homeowners and investors alike. The main level features a bright, open-concept layout highlighted by California shutters, custom lighting, and a spacious living area that flows seamlessly into the updated kitchen. Sliding doors lead directly to the back deck, creating an easy transition for indoor-outdoor living and entertaining. Two well-appointed bedrooms, each with ceiling fans, are complemented by an updated bathroom that completes the level with comfort and style. Downstairs, the self-contained lower unit offers a one-bedroom layout, with an additional room currently used for storage that presents excellent potential for a second or third bedroom, home office, or flex space. Step outside to a beautifully landscaped backyard designed for both relaxation and entertaining. Enjoy the private deck, mature greenery, and a sense of space that is hard to find in the city. The detached garage is fully insulated and equipped with 110V power, making it ideal for hobbyists, additional storage, or workspace needs. The large driveway provides ample parking, adding even more convenience for multi-unit living. Located in a highly accessible area just minutes to Highway 401 access, public transit including LRT, shopping, and everyday amenities, making this a prime location for all. Whether you are looking to live in one unit and rent the other, or add a solid, turn-key investment to your portfolio, 223 Connaught Street delivers versatility, comfort, and long-term value.
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Place Of Worship, Public Transit, School, School Bus Route, Skiing
Accessory Apartment, Water Heater Owned
Carbon Monoxide Detectors, Smoke Detector
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 223 Connaught Street, Kitchener, ON N2C 1B2
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 $699,900 in Kitchener, the legal minimum down payment is $44,990 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 $10,473 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 $10,473.
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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.