Home with brick exterior material, street for 156 Mill St, Kitchener Ontario N2M 3P8
Re-listed 32 days ago

156 Mill St, Kitchener, Ontario N2M 3P8

Townhouse
-
-
~1800 sqft
$•••,•••
$729,000
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Townhouse
-
-
~1800 sqft

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Highlights

Property Estimate

Days on market32 days

Total days on market
59 days

Estimated valueNot available

Price/Sqft$405/sqft

Monthly cost

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CMA Subject Property

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+2

Properties sold*

$630K

Median sold price*

*Based on last 30 days

Description

Welcome to 156 Mill Street, a fantastic investment opportunity in the heart of Kitchener! This legal triplex is ideally located with easy access to the scenic Iron Horse Trail, offering a peaceful setting while still being just minutes away from downtown Kitchener. The property is situated in a prime location with RES-4 zoning, which permits the development of up to 4 units, providing great potential for future growth. Currently set up as a triplex, the property features a spacious unfinished basement and a large yard, both of which present an exciting opportunity to add a fourth unit, increasing the property's rental income potential. Whether you're an investor looking to expand your portfolio or someone with a vision to create additional units, 156 Mill Street offers a unique opportunity to capitalize on the growing demand for rental properties in this vibrant area. Don’t miss out—schedule a viewing today and explore the possibilities! Unit#1 $2,000 ; Unit#2 $1,020 ; Unit#3 $1790 Inclusive of utilities, not separately metered.


Property Details

StyleResidential Income
View-
Age of property-
SqFt~1800 SqFt
Lot Size12,506 SqFt(292.97 x 42.69)
Parking Spaces5
MLS ®Number40737537
Community NameMill Courtland Woodside Park
Data SourceITSO
Listing byRED AND WHITE REALTY INC.

Features

Heating: Forced Air, Natural Gas
Cooling: Wall Unit(s)
Basement: Full, Partially Finished

Features

Lot size: 12,506 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
32 days on market
history photo preview39
Listing by itso®

Market Data - Mill Courtland Woodside Park

Geo Zone Map ThumbnailMill Courtland Woodside Park

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

7 days

Compared to

2024

23 days

2023

6 days

2022

7 days

New Listings

Past 30 days

0 listing

Compared to

2024

2 listings

2023

3 listings

2022

3 listings

Units sold

Past 30 days

1 unit

Compared to

2024

2 units

2023

1 unit

2022

3 units

Median Sold Price

Past 30 days

$693,000

Compared to

2024

$630,000

2023

$705,000

2022

$800,000


Population and Demographics

Overview

Total population 3222
Average household income $92,205

Age (%)

0 to 19
16%
20 to 34
31%
35 to 49
20%
50 to 64
20%
65 and plus
13%

Household composition (%)

Single family
50%
Single person
43%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
84%
Portuguese
3%
Others
3%
Spanish
3%
Serbian
1%
German
1%
Arabic
1%
Tigrigna
1%
Mandarin
1%

House tenancy (%)

Renters
55%
Owners
45%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget