23 days on Market

48 Ellis Ave, Kitchener, Ontario N2H 4G7

Detached
2 + 1
3 + 1
~1182 sqft
$•••,•••
$720,000
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Detached
2 + 1
3 + 1
~1182 sqft

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Highlights

Property Estimate

Days on market23 days

Estimated valueNot available

Price/Sqft$609/sqft

Monthly cost

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CMA Subject Property

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+3

Properties sold*

$670K

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 ®Number40739771
Community NameFairfield
Data SourceITSO
Listing byCOLDWELL BANKER PETER BENNINGER REALTY

Features

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

Main Floor

Bathroom

2.46 x 1.83

2-Piece

Dining Room

4.27 x 3.51

Kitchen

3.71 x 3.40

Living Room

3.96 x 3.45


Features

Lot size: 5,440 SqFt
Sewer (Municipal)

Parking

Garage spaces 1

Garage type -

Other parking spaces 4

Total parking spaces 5


Property History

Jun 13, 2025
ListedActive
$720,000
23 days on market
history photo preview50
Listing by itso®

Market Data - Fairfield

Geo Zone Map ThumbnailFairfield

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

41 days

Compared to

2024

6 days

2023

9 days

2022

5 days

New Listings

Past 30 days

4 listings

Compared to

2024

2 listings

2023

5 listings

2022

5 listings

Units sold

Past 30 days

3 units

Compared to

2024

3 units

2023

6 units

2022

1 unit

Median Sold Price

Past 30 days

$706,808

Compared to

2024

$670,000

2023

$725,000

2022

$720,000


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