Floor plan for 439 ALICE Ave, Kitchener Ontario N2M 2A3
20 days on Market

439 ALICE Ave, Kitchener, Ontario N2M 2A3

Detached
3
1
~700-1100 sqft
$649,900
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$3,250Cashback
Detached
3
1
~700-1100 sqft

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Highlights

Property Estimate

Days on market20 days

Estimated valueNot available

Price/Sqft$759/sqft

Monthly cost

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CMA Subject Property

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+4

Properties sold*

$588K

Median sold price*

*Based on last 30 days

Description

Approved by the City of Kitchener. Attention developers and investors! 6 units possible here. Redevelopment site for 2 triplex's (built as 2 x semi-detached with 3 units in each - see photo gallery for conceptual rendering). Plans attached as supplement documents. Existing structure is best to be ripped down. This property is brimming with potential-pre-approved by the City of Kitchener for a triplex redevelopment. Situated on a large lot in the heart of Kitchener. The existing home currently offers 3 bedrooms and 1 bathroom, providing a solid foundation for renovation or expansion. Conveniently located near public transit, the LRT, Google, Victoria Park, shopping, and other key amenities, this property presents an incredible opportunity for those looking to invest or undertake a full home renovation.


Property Details

Style2-Storey
View-
Age of property-
SqFt~700-1100 SqFt
Lot Size-
Parking Spaces3
MLS ®NumberX12493124
Community NameVictoria Hills
Data SourceTRREB
Listing byRE/MAX TWIN CITY REALTY INC.

Features

Heating: Other
Basement: Unfinished

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Market Data - Victoria Hills

Geo Zone Map ThumbnailVictoria Hills

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

46 days

Compared to

2024

34 days

2023

12 days

2022

14 days

New Listings

Past 30 days

10 listings

Compared to

2024

7 listings

2023

2 listings

2022

1 listing

Units sold

Past 30 days

10 units

Compared to

2024

4 units

2023

2 units

2022

1 unit

Median Sold Price

Past 30 days

$624,000

Compared to

2024

$587,500

2023

$667,500

2022

$650,000


Population and Demographics

Overview

Total population 10910
Average household income $92,974

Age (%)

0 to 19
26%
20 to 34
26%
35 to 49
20%
50 to 64
16%
65 and plus
13%

Household composition (%)

Single family
62%
Single person
31%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
71%
Tigrigna
6%
Arabic
4%
Others
4%
Spanish
4%
Somali
2%
Bilen
2%
Dari
2%
Romanian
1%

House tenancy (%)

Renters
60%
Owners
40%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget