72 Obermeyer Drive, Kitchener, ON
Property no longer active
This property was sold on February 11, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow-Raised duplex located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $799,900 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.
- 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Premium 55.23 x 115.24 ft lot size
- Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Separate Heating Controls, Separate Hydro Meter, Water Meter
- Efficient baseboard heating via electric
Description
Welcome to 72 Obermeyer Dr., a rare opportunity to own a legal duplex with endless potential! This versatile property is ideal for multi-generational living or savvy investors looking for rental income. With separate meters for water, gas, and hydro, the home offers true independence for each unit. Both the upper and lower units are vacant and ready for new tenants or live in one unit and rent the other as a great mortgage helper. The oversized garage with a loft is a mechanics dream and may offer the potential to be converted into an additional dwelling unit (ADU), if the necessary permits can be obtained. Perfectly situated, this home is centrally located with easy access to shopping, schools, and bus routes. Commuting is a breeze with the expressway and Highway 401 just minutes away. Whether you're looking to live, rent, or expand, this property is brimming with possibilities! Legal duplexes with both units vacant don't come along very often. Don't miss the chance to make it yours.
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Property Summary
This duplex located at 72 Obermeyer Drive, Kitchener is currently for sale and has been available on SousaSells for 561 days. This property is listed at $799,900 with an estimated mortgage of $2,663* per month. It has 5 beds, 2 bathrooms, and is unknown square feet. 72 Obermeyer Drive, Kitchener
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Kitchener.
- •5 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •Desirable Duplex architecture in Kitchener
Growing families needing multi-bedroom flexibility and space in Kitchener.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Separate Heating Controls
- Separate Hydro Meter
- Water Meter
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 72 Obermeyer Drive, Kitchener, ON
Q.What is the asking price for 72 Obermeyer Drive, Kitchener, ON ?
The current listing price for 72 Obermeyer Drive, Kitchener, ON in Kitchener is $799,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 5 bedrooms and 2 bathrooms.
Q.What property type and architectural style is 72 Obermeyer Drive, Kitchener, ON ?
72 Obermeyer Drive, Kitchener, ON is a Duplex (Bungalow-Raised) featuring a Full basement.
Q.What interior features are included in this home?
Interior highlights include: Separate Heating Controls, Separate Hydro Meter, Water Meter.
Q.Is parking available at this property?
Yes, this property offers parking space for 6.0 vehicles (Attached).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via None.
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Pricing & Value Insights
Data-driven valuation for 72 Obermeyer Drive, Kitchener, ON N2A 1P6
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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 $799,900 in Kitchener, the legal minimum down payment is $54,990 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 $12,473 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 $12,473.
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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.