Sold conditionally
Re-listed 36 days ago

48 Ellis Ave, Kitchener, Ontario N2H 4G7

Detached
2 + 1
3 + 1
~1182 sqft
$•••,•••
$685,000
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$6,850Cashback
Detached
2 + 1
3 + 1
~1182 sqft

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Highlights

Property Estimate

Days on market36 days

Total days on market
64 days

Estimated valueNot available

Price/Sqft$579/sqft

Monthly cost

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CMA Subject Property

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+5

Properties sold*

$740K

Median sold price*

*Based on last 30 days

Description

Welcome to 48 Ellis Avenue, Kitchener Zoned RES-4 | Room to Grow | Live, Rent, or Build Looking for a move-in ready home with major upside? A charming 1.5-storey home on a generous lot in a central Kitchener neighbourhood. Whether you're an investor, multi-gen family, or savvy buyer with big dreams, this property checks a lot of boxes. 2+1 Bedrooms | 2.5 Bathrooms | Detached Garage | Large Yard Here’s what you’ll love: Two bright bedrooms upstairs and a third bedroom in the finished basement—perfect for guests, teens, or tenants Separate side entrance leads directly to the basement—ideal setup for a future in-law suite or mortgage helper 3 bathrooms total: a 3-piece upstairs, a 2-piece on the main, and another 3-piece in the basement Lower-level kitchenette with bonus fridge—great for extended family or future in-law suite potential Detached garage and ample driveway parking Fresh and clean throughout, with neutral finishes and ready-for-you vibes Large backyard—ideal for entertaining, gardening, or future development Zoning: RES-4 – This is where it gets exciting! This property is zoned to allow up to 4 Additional Dwelling Units (ADUs). That means real potential to add value, create passive income, or build a flexible multi-unit living solution. 48 Ellis Avenue isn't just a home—it's a launching pad. Whether you're buying your first property, house-hacking, or setting up your investment future, this home offers location, layout, and long-term value potential. Curious about the possibilities? Call or text your REALTORS®


Property Details

Style1.5 Storey
View-
Age of property1947
SqFt~1182 SqFt
Lot Size5,440 SqFt(120.9 x 45)
Parking Spaces5
MLS ®Number40750064
Community NameFairfield
Data SourceITSO
Listing byCOLDWELL BANKER PETER BENNINGER REALTY

Features

Heating: Forced Air, Natural Gas
Cooling: Central Air
Basement: Full, Finished

Basement Floor

Utility Room

3.48 x 3.28

Recreation Room

4.44 x 3.07

Bathroom

3.33 x 1.96

3-Piece

Kitchen

3.07 x 1.55


Features

Lot size: 5,440 SqFt
Sewer (Municipal)

Parking

Garage spaces 1

Garage type -

Other parking spaces 4

Total parking spaces 5


Market Data - Fairfield

Geo Zone Map ThumbnailFairfield

Strong Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

37 days

Compared to

2024

18 days

2023

0 day

2022

11 days

New Listings

Past 30 days

2 listings

Compared to

2024

7 listings

2023

1 listing

2022

6 listings

Units sold

Past 30 days

3 units

Compared to

2024

5 units

2023

0 unit

2022

3 units

Median Sold Price

Past 30 days

$587,500

Compared to

2024

$740,000

2022

$676,800


Population and Demographics

Overview

Total population 2392
Average household income $113,611

Age (%)

0 to 19
17%
20 to 34
22%
35 to 49
20%
50 to 64
21%
65 and plus
20%

Household composition (%)

Single family
57%
Single person
37%
Multi person
6%
Multi family
0%

Mother tongue (%)

English
91%
Others
4%
German
2%
Polish
1%
French
1%

House tenancy (%)

Owners
61%
Renters
39%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget