73 Locust Street, Kitchener, ON
Property no longer active
This property was sold on September 24, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2 1/2 Storey duplex located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $895,000 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.
- 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Premium 38 x 75.12 ft lot size
- Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Water Softener
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Explore the pleasure of urban living with this renovated LEGAL DUPLEX, ideally positioned in the heart of Kitchener's Central Frederick neighbourhood. This home is a prime choice for first-time buyers or investors, offering substantial investment potential and a relaxed lifestyle. Near the University of Waterloo's School of Pharmacy, this home is close to employers such as Google and the Innovation Centre. Located within walking distance of the LRT, quick access to Highway 7/8 and the nearby GO Train for easy commutes to the GTA. The neighbourhood is bustling with cultural attractions including the Centre in the Square, Kitchener Market, The Museum, Library, Victoria Park, Kitchener Auditorium, and many dining options. It's a thriving hub of innovation/growth. The duplex features 2 meticulously designed above-grade units and a partially finished basement, ideal for those seeking a solid investment or a smart living arrangement. All bedrooms are above grade making both units feel like home. The main level unit of this duplex offers a 2-bedroom layout, including a large kitchen, 3-piece bath, living/dining room, laundry room and an amazing large front porch. Featuring 9ft ceilings, hardwood floors and extra soundproofing between the units for less noise transfer than traditional condos. The unfinished basement provides extra storage and future additional living space, enhancing the versatility of the property. The upper unit offers a 2-bedroom layout, a large sunroom, a finished attic, kitchen, 3-piece bath, living room, laundry; central heat and A/C for the second-floor unit combined with heat pump for additional independent comfort.
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Property Summary
This duplex located at 73 Locust Street, Kitchener is currently for sale and has been available on SousaSells for 696 days. This property is listed at $895,000 with an estimated mortgage of $2,979* per month. It has 5 beds, 2 bathrooms, and is unknown square feet. 73 Locust Street, 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
- Water Softener
Security Features
- None
Community Features
None listed
Frequently Asked Questions about 73 Locust Street, Kitchener, ON
Q.What is the asking price for 73 Locust Street, Kitchener, ON ?
The current listing price for 73 Locust Street, Kitchener, ON in Kitchener is $895,000.
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 73 Locust Street, Kitchener, ON ?
73 Locust Street, Kitchener, ON is a Duplex (2 1/2 Storey) featuring a Partially Finished basement.
Q.What interior features are included in this home?
Interior highlights include: Water Softener.
Q.What security features are installed at 73 Locust Street, Kitchener, ON ?
Security features include: None.
Q.Is parking available at this property?
Yes, this property offers parking space for 3.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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About Purchasing a Home in Kitchener, ON
For a property listed at $895,000 in Kitchener, the legal minimum down payment is $64,500 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 $14,375 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 $14,375.
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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.