31 Southdale Avenue, Kitchener, ON
Property Highlights
Welcome to this remarkable 2-Storey fourplex located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $998,888 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.
- 6 Bedrooms and 4 Bathrooms with 4 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 48.81 x 101.99 ft lot
- Features a finished, full, apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Separate Hydro Meter, Water Heater
- Efficient forced air heating via gas
Description
Unique investment opportunity to own a well maintained 4 plex in a prime Kitchener location,perfectly positioned for both convenience and long term appeal. Tucked just moments from the expressway and surrounded by everyday amenities, this property offers an ideal blend of accessibility and livability that tenants truly value. Inside, you will find a thoughtfully composed unit mix including two spacious 2 bedroom suites, a comfortable 1 bedroom, and a cozy bachelor, each offering its own charm and strong rental potential. Separate hydro meters for each unit. Pride of ownership is evident throughout, reflecting consistent care and attention over time. Whether you are a seasoned investor or looking to step into the multi unit market,this property offers not just solid returns, but a place in a thriving, ever growing community.Financial details attached. Your next smart investment may be waiting right here.
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Key Features
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Features
Property Features
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Interior Features
Separate Hydro Meter, Water Heater
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Location
Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 31 Southdale Avenue, Kitchener, ON N2M 3V4
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Kitchener, ON
For a property listed at $998,888 in Kitchener, the legal minimum down payment is $74,889 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $16,453 for this transaction. As this listing is in Kitchener (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $16,453.
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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.
