77 Cedar Street, Kitchener, ON
Property Highlights
Welcome to this remarkable 2-Storey triplex located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $625,000 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 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 34.28 x 67.6 ft lot
- Features a full, finished, walk-up basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Separate Heating Controls, Separate Hydro Meter
- Efficient forced air heating via gas
Description
WELCOME TO YOUR NEXT INVESTMENT PROPERTY! All savvy investors, pay attention. Legal Triplex with 3 units currently rented. Location, location, location! Only 240 metres to the Kitchener Market Station for easy LRT access for your tenants but still has parking for 2-3 vehicles. Photos of Unit 3 show the great floor plan of this basement unit, complete with gas fireplace and newly renovated (2024) kitchen with vinyl plank flooring. 2 two bedroom units, and 1 one bedroom unit make this very manageable for new or seasoned landlords. Shared laundry with a coin dryer for extra income. Book your viewing today!
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Separate Heating Controls, Separate Hydro Meter
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 77 Cedar Street S, Kitchener, ON N2G 3L6
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About Purchasing a Home in Kitchener, ON
For a property listed at $625,000 in Kitchener, the legal minimum down payment is $37,500 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 $8,975 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 $8,975.
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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.