498 Karn Street

Victoria Hills, Kitchener, ON N2M 2C1

For Sale · MLS® 40869259 · Cornerstone (ITSO) MLS®
7
Beds
6
Baths
2701
Sqft
1
Parking
Duplex Up/Down
Type

Description

Duplex PLUS an In-Law Suite! Own a large custom-built duplex plus a separate 2-bedroom in-law suite, offering nearly 4,000 sq. ft. of finished living space across three levels. Thoughtfully designed for multi-generational living, extended family, or investors looking for multiple income streams. The property features three distinct living spaces, including a 1,539 sq. ft. 3-bedroom unit and two 2-bedroom living spaces measuring approximately 1,162 sq. ft. and 1,284 sq. ft. The 1,284 sq. ft. lower-level in-law suite has its own separate side entrance and will be vacant on closing. All three units feature 9-ft ceilings, two full bathrooms, dedicated laundry, large windows, quartz countertops and backsplashes, and their own primary bedroom with ensuite bathroom and walk-in closet. Each unit is separately metered for gas, hydro and water, providing straightforward utility management. Quality construction and materials are evident throughout, including Safe'n'Sound acoustic insulation between units for improved sound separation. Large windows bring plenty of natural light into all levels, including the lower-level suite. All appliances are included. Outside, enjoy two large decks and parking for six vehicles. There is also no rented equipment to assume. Whether you're looking for a multi-generational home with rental income, a property with strong investment potential, or a turnkey multi-unit rental, this is a substantial, purpose-built property designed with functionality, privacy and long-term durability in mind.

01 / Property recordListing details

Key Facts

MLS® #
40869259
Board
Cornerstone (ITSO) MLS®
Days on market
Tax
$8,731
Size
2701 sqft
Lot
33.50 × 136.76 ft
Parking
6 Parking

Listing History

Listing activity for 498 Karn Street, Kitchener, ON

Date StartDate EndList PricePriceEventListing ID
N/AN/A$1,379,000N/AFor Sale40869259

Property Details

Property

Property Type
Duplex Up/Down
Style
Other
Community
Victoria Hills
Municipality
Kitchener

Inside

Bedrooms
7
Bathrooms
6
Basement Type
Separate Entrance, Walk-Up Access, Full, Finished, Sump Pump

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air, Natural Gas

Building

Size
2701 sqft
Construction
Brick, Vinyl Siding

Parking

Driveway
Private Drive Double Wide
Garage
1
Add. Parking
5
Total Parking
6

Land

Sewer
Sewer (Municipal)
Lot Size
33.50 × 136.76 ft

Additional

Year built
2024
Foundation
Poured Concrete
Roof
Asphalt Shing
Extras
Water Softener, Dishwasher, Dryer, Refrigerator, Stove, Washer

Rooms (12)

Room 1

Level not provided

Room 2

Level not provided

Room 3

Level not provided

Room 4

Level not provided

Room 5

Level not provided

Room 6

Level not provided

Room 7

Level not provided

Room 8

Level not provided

Room 9

Level not provided

Room 10

Level not provided

Room 11

Level not provided

Room 12

Level not provided

Location

02 / Plan your numbersTools

Mortgage Tools

Mortgage calculator

20%

Monthly Payment

$6,322

  • Down payment$275,800
  • Mortgage amount$1,103,200
  • Total interest$793,400
  • Total cost$2,172,400

Cash flow analysis

$6,322

Total monthly payment

$7,050

Break-even down payment

100%

Cash flow-$7,050
03 / Community profileNeighbourhood demographics

Expand Neighbourhood demographics to load Statistics Canada census charts.

$1,379,000

$1,379,000

CAD

Estimate unavailable

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