253 Sydney Street, Kitchener, ON
Property Highlights
Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $748,888 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 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 47.79 x 99.53 ft lot
- Features a full, finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Auto Garage Door Remote, Separate Hydro Meter, Water Softener
- Efficient forced air heating via gas
Description
THE UNICORN! Purpose Built Duplex! 100% VACANT POSSESSION! Stop fighting old leases and inherited tenants. 253 Sydney St S is a solid brick, purpose-built Legal Duplex offering the ultimate "Blank Slate" in Kitchener's desirable Rockway neighborhood. Set your own market rents from Day 1. Perfect for Investors, House-Hackers, or Multi-Generational families. UNIT BREAKDOWN: * MAIN UNIT: Vacant. 2 + 1 Bed, 2 Bath with Rec Room. Convenient backyard, in-suite laundry, and a 1-car garage. UPPER UNIT: Vacant. 2-Bed, 1-Bath. Features in-suite laundry and dedicated carport parking. INVESTORS: Run your own tenant selection and maximize your Cap Rate immediately. HOUSE-HACKERS: Live in one unit and let the other unit pay your mortgage! MULTI-GENERATIONAL: Separate kitchens, separate laundry, and separate entrances-keep the family close with total privacy across two spacious units. THE LOCATION: Commuter's dream. Minutes to Hwy 7/8 Expressway, the LRT, Rockway Golf Course, and Downtown Kitchener's Tech Hub. Separately metered Hydro between the Upper and Main units. Gas/Water shared on a single meter. Purpose-built multi-unit properties with FULL VACANT POSSESSION are incredibly rare. Why wait for the next opportunity while the unicorn is right here!
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Golf, Park, Place Of Worship, Public Transit, Rec./Commun.Centre, School
Interior Features
Auto Garage Door Remote, Separate Hydro Meter, Water Softener
Security Features
Smoke Detector
Community Features
Location
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 253 Sydney Street S, Kitchener, ON N2G 3V8
Based on 0 recent similar sales in the pocket.
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 $748,888 in Kitchener, the legal minimum down payment is $49,889 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 $11,453 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 $11,453.
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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.