332 Prospect Avenue, Kitchener, ON
Property no longer active
This property was sold on December 6, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Kitchener. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $349,900 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.
- 0 Bedrooms and 0 Bathrooms
- Generous living space spanning < 700 sqft on a premium 56.24 x 81.01 ft lot
- Notable attributes: None
Description
RARE OPPORTUNITY - Fully serviced lot ready to be built on in a sought after location in the City of Kitchener. Fully approved plans are in place to build a LEGAL TRIPLEX consisting of three 2 bed / 2 bath units and THREE side by side parking spaces at the front of the building (NOT in tandem!). Servicing (installed in 2017), parkland dedication, engineering for servicing, variance and planning fees and architectural drawings have all been covered by the seller, resulting in substantial financial and time savings for a builder/investor looking to complete their next project. BONUS - The seller has also had a 15Ft x 7Ft concrete shed base poured at the rear of the site, allowing for the construction of a 3-bay shed (Approx. 7Ft x 5Ft Each), one for each unit!
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Property Summary
This vacant land located at 332 Prospect Avenue, Kitchener is currently for sale and has been available on SousaSells for 468 days. This property is listed at $349,900 with an estimated mortgage of $1,165* per month. It has 0 beds, 0 bathrooms, and is < 700 square feet. 332 Prospect Avenue, Kitchener
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Kitchener.
- •< 700 sqft of generous functional square footage
- •Desirable Vacant Land architecture in Kitchener
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- None
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 332 Prospect Avenue, Kitchener, ON
Q.What is the asking price for 332 Prospect Avenue, Kitchener, ON ?
The current listing price for 332 Prospect Avenue, Kitchener, ON in Kitchener is $349,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 0 bedrooms and 0 bathrooms across approximately < 700 sqft.
Q.What property type and architectural style is 332 Prospect Avenue, Kitchener, ON ?
332 Prospect Avenue, Kitchener, ON is a Vacant Land () featuring a basement.
Q.What interior features are included in this home?
Interior highlights include: None.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via .
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Pricing & Value Insights
Data-driven valuation for 332 Prospect Avenue, Kitchener, ON N2A 1C7
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 $349,900 in Kitchener, the legal minimum down payment is $17,495 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 $3,724 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 $3,724.
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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.