$899,000 - 129 St George Street, Kitchener
Multi-Family for Sale in Kitchener
New — Listed 2 days ago- MLS Number
- X13460128
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 2
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Kitchener
- Listing Brokerage
- EXP REALTY
Welcome to 129 St. George Street - a beautifully updated duplex in the heart of downtown Kitchener, offering modern finishes, thoughtful design, and excellent income potential. The upper unit is a spacious and stylish three-bedroom, three-bathroom home featuring an open-concept main living area highlighted by a stunning brick feature wall with an electric fireplace. Bright and airy throughout, this unit offers a seamless flow between the living, dining, and kitchen spaces. The contemporary kitchen is complete with quartz countertops and stainless steel appliances, perfect for both everyday living and entertaining. Step out onto the private balcony to enjoy your morning coffee or unwind in the evening. A convenient powder room on the main floor adds everyday functionality. Upstairs, the primary suite includes a walk-in closet and a private three-piece ensuite, while two additional bedrooms and a four-piece bathroom complete the upper level. The lower unit is equally inviting, featuring an open-concept layout with quartz countertops, stainless steel appliances, and a bright, modern aesthetic. This unit also includes its own private patio, ideal for outdoor relaxation. Both units offer separate hydro, and gas meters, as well as in-suite laundry, ensuring convenience and independence for each occupant. Situated in a prime downtown location, this property is just steps from Kitchener's vibrant core, including shops, restaurants, cafes, parks, transit, and all essential amenities. Whether you're an investor or looking for a live-in opportunity with rental income, this versatile duplex is a fantastic addition to your portfolio.
Estimate your monthly payments for this property
Estimated Payment
$4,612.34/mo
Includes CMHC insurance ($25,082)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Kitchener
Kitchener is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Kitchener
- •Convenient location in Kitchener
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Kitchener offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
129 St George Street, Kitchener
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $817/sqft, this property is priced in line with current Kitchener market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Just Listed - Act Strategically
This property hit the market within the last week. In Kitchener's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Kitchener. Good resale value as demand remains consistent.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Kitchener properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,746 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.