Home with brick exterior material, street for 156 Mill St, Kitchener Ontario N2M 3P8
1 day on Market

156 Mill St, Kitchener, Ontario N2M 3P8

Townhouse
-
-
~1800 sqft
$799,000
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Townhouse
-
-
~1800 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$443/sqft

Est. Mortgage$3,431/mo

Tax Amount (2024)$4,238/yr

Days On Market1 day


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 ®Number40716167
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

May 8, 2025
ListedActive
$799,000
1 day on market
history photo preview19
Listing by itso®
Property listed by RED AND WHITE REALTY INC., Brokerage

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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

17 days

Compared to

2024

34 days

2023

0 day

2022

10 days

New Listings

Past 30 days

2 listings

Compared to

2024

5 listings

2023

1 listing

2022

5 listings

Units sold

Past 30 days

2 units

Compared to

2024

6 units

2023

0 unit

2022

4 units

Median Sold Price

Past 30 days

$663,500

Compared to

2024

$653,000

2022

$704,750


Population and Demographics

Overview

Total population 3222
Average household income $92,205

Age (%)

20 to 34
31%
35 to 49
20%
50 to 64
20%
0 to 19
16%
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%

Schools and amenities

Estimated Budget