486 Highland Rd E

Kitchener | | N2M 3W7
  • 6
  • 3
  • 0

$1,099,900

Est. Mtg $3,729 /mo
  • Days on market

    28

  • Status

    New

Listing Broker RE/MAX TWIN CITY REALTY INC.
Since listed: 0 views

Home details

MLS #:

X12013455

Property type:
Triplex
Style:
2-Storey
Taxes:
$5,371
Possession:
CLOSE TO SEPTEMBER
Lot Front:
63.0   Acres
Lot Depth:
110.0   Acres
Basement:
Apartment |
Driveway Pkg:
6
Heat:
Gas | Forced Air

Description


486 Highland Rd E, , Kitchener, Ontario is a Triplex property in Kitchener and in the community in the N2M 3W7 postal code


PURPOSE BUILT TRIPLEX. 3 x 2 BEDROOM UNITS. 2 minutes (1KM) to Highway 7/8. On a bus route. 4 minutes to downtown. Fantastic investment opportunity in the heart of Kitchener! This well-maintained 3-unit building features three spacious 2-bedroom units, each with a full kitchen and 4-piece bathroom. The top two units offer private balconies that were renovated Summer of 2024, while tenants enjoy the convenience of shared coin-operated laundry. The chimney was replaced in in January 2025. Each unit is rented out at $2,100 per month excluding utilities in which they pay 1/3 of the total bills every month. Ideally located with easy access to highways, parks, schools, shopping, and more. A great addition to any investor's portfolio or a perfect opportunity for multi-generational living!.

Extras

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History

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List Date End Date List Price End Price Status MLS #
2019-04 2019-05 $744,900 $740,000 Sld X4418710
2025-03 2025-03 $1,099,900 $1,099,900 New X12013455

Comparables

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sold Date Address List Price sold Price DOM
2025-01 256 Coleman St, $779,900 $760,000 71
2024-11 128 Oakwood Ave, $599,000 $580,000 97
2024-10 91 West St, $499,900 $480,000 27
2024-08 201 Bell St, $519,900 $485,000 58
2024-07 106 Murray St, $599,888 $570,000 48
2024-06 124 Main St, $399,000 $275,000 38
2024-04 24 Herrick Ave, $649,900 $650,000 49
2023-10 262 Patricia Ave, $999,900 $970,000 14
2023-10 129 Durham St, $599,900 $590,000 30
2023-08 18.5 Adelaide St S, $597,900 $620,000 7
2023-05 128 Geneva St, $850,000 $820,000 39
2023-02 96 Brockville St, $599,900 $600,000 8
2022-06 116 Conway Dr, $900,000 $875,000 13
2022-06 49 Duncan Ave S, $350,000 $330,000 11
2022-05 110 Woodward Ave, $169,900 $165,000 38

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Kitchener :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 486 Highland Rd E

Based on available 3rd party data

$4312

Approximate costs per month

Mortgage
$3729 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$447 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker RE/MAX TWIN CITY REALTY INC.
Data Source: TRREB

Payment calculator

$4177 monthly. In association with: TD Bank
%
  • Principal and Interest
    3729 /mo
  • Property Taxes
    $447 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Gerry Crokidas, Realtor

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