563 Wellington Street, Kitchener, ON
Property no longer active
This property was sold on November 20, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $400,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 38.03 x 120.12 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Water Heater Owned
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 563 Wellington Street North, Kitchener! This home is a rare opportunity for investors, renovators, and developers alike. This 2-bedroom home sits in a prime location with excellent access to schools, shopping, public transit, and downtown amenities, making it an attractive spot for both living and future redevelopment. While the home itself is a fixer-upper, its brimming with potential for those with a vision. Whether you're a handyman looking to bring it back to life or a renovator eager to modernize, this house provides the perfect foundation to get started. What truly sets this property apart is its zoning flexibility. According to the City of Kitcheners regulations, this lot has the potential to accommodate up to four units. This makes it an exceptional choice for flippers seeking profit, investors looking to expand their rental portfolio, or developers ready to maximize density in a growing community. 563 Wellington Street North is more than just a house, its a project full of possibilities. With its great location, development potential, and solid investment value, its an opportunity you wont want to miss.
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Property Summary
This detached home located at 563 Wellington Street, Kitchener is currently for sale and has been available on SousaSells for 328 days. This property is listed at $400,000 with an estimated mortgage of $1,331* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 563 Wellington Street, 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.
- •2 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •700-1100 sqft of generous functional square footage
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
- Water Heater Owned
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 563 Wellington Street, Kitchener, ON
Q.What is the asking price for 563 Wellington Street, Kitchener, ON ?
The current listing price for 563 Wellington Street, Kitchener, ON in Kitchener is $400,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 1 bathroom across approximately 700-1100 sqft.
Q.What property type and architectural style is 563 Wellington Street, Kitchener, ON ?
563 Wellington Street, Kitchener, ON is a Detached (1 1/2 Storey) featuring a Full, Unfinished basement.
Q.What interior features are included in this home?
Interior highlights include: Water Heater Owned.
Q.Is parking available at this property?
Yes, this property offers parking space for 3.0 vehicles (Detached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 563 Wellington Street N, Kitchener, ON N2H 5L6
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 $400,000 in Kitchener, the legal minimum down payment is $20,000 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 $4,475 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 $4,475.
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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.