1242 King Street, Kitchener, ON

$695,000
MLS#:X12708000
2 beds
2 baths
1100-1500 sqft
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] duplex located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $695,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 46 x 135 ft lot
  • Features a ["full", "unfinished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: On Demand Water Heater, Separate Hydro Meter, Separate Heating Controls
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Welcome to 1242 King St East, Kitchener, a side-by-side legal duplex built in 2020, offering the ideal blend of modern design, strong rental appeal, and an unbeatable central location. Just minutes to DTK, steps to trails, Rockway Gardens, and with excellent commuter access via bus routes, LRT, and easy highway access, this property checks every box for investors and savvy owner-occupiers. From the curb, you'll love the contemporary exterior with modern siding and brick cladding for a polished look. Tenants will also appreciate the outdoor space, including a large front porch and rear deck areas, perfect for relaxing & BBQing. Inside, the design truly stands out. Each unit features a loft-style layout with impressive 18' ceilings, creating a bright, open feel filled with natural light. Both units are finished with designer-inspired upgrades, including white cabinetry, quartz countertops, and a sleek tile backsplash, paired with white oak-inspired waterproof laminate flooring that's both stylish and low-maintenance. The bathroom continues the elevated aesthetic with quartz countertops and modern black fixtures, adding a crisp, upscale finish. Each unit offers a functional 1 bedroom, 1 bathroom layout with intuitive design. Additional highlights include mirrored privacy film for excellent natural light while maintaining privacy, plus a dual-zone thermostat allowing each unit to control their own temperature independently. The duplex also features separate hydro meters, meaning tenants pay their own electricity, simplifying management. Both units include unfinished basements with excellent ceiling height, offering a potential of over 2000 sqft of total living space. Parking is another major bonus, with lots of parking, providing plenty of room for both households and visiting guests. Whether you're looking to live in one unit and rent the other, or add a newer-build legal duplex to your portfolio, 1242 King St. E is a standout opportunity worth seeing in person.

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Key Features

Bedrooms
2
Bathrooms
2
Kitchens
2
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 9, 2026
Sold price information is available to members only
Listed Date1/19/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDuplex
ConstructionBrick, Vinyl Siding
Lot Size46 × 135 Feet
CountyWaterloo
Annual Tax$4,626
Legal DescriptionPT LT 28 PL 231 KITCHENER AS IN 890613; KITCHENER

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Golf, Park, Library, Public Transit, School Bus Route, Rec./Commun.Centre

Community Features

Location

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1242 King Street, Kitchener, ON

Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1242 King Street E, Kitchener, ON N2G 2N6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$556,000
Monthly Mortgage$3,231
Property Tax (Est.)$386
Utilities & Maint.$350
Total Monthly Cost$3,967

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Kitchener.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Kitchener.

Verified Local Data
City Population575,847
City Median Age38 Yrs
City Ownership65% Owners
Avg Area List Price$739,122

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
45%
Couples without children
28%
Other households
3%

Top Ethnic Origins

English18%
German17%
Scottish15%
Irish15%

Local Schools Guide

Elementary Schools

Our Lady of Grace
Public70 Gracefield Crescent, Alpine, Kitchener, Ontario, N2E 1R9
7.3
Alpine
Public75 Lucerne Drive, Alpine, Kitchener, Ontario, N2E 1B4
5.8
Queen Elizabeth
Public191 Hoffman Street, Southdale, Kitchener, Ontario, N2M 3N2
4.0
A R Kaufman
PublicCarwood Avenue, Rockway, Kitchener, Ontario, N2G 3C5
2.0
Country Hills
Public195 Country Hill Drive, Country Hills, Kitchener, Ontario, N2E 2G7
4.4

Secondary Schools

St. Mary’s
Catholic1500 Block Line Road, Kitchener, Ontario, N2C 2S2
6.1
Eastwood
Public760 Weber Street East, Eastwood, Kitchener, Ontario, N2H 1H6
5.8

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.