119 Fairmount Road
Kitchener, ON N2H 2G5
- 5Bedrooms
- 3Bathrooms
- 4Parking
- 2000–2500Sq Ft
- $4,696Tax
- 47×126 ftLot Size
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 119 Fairmount Road, Kitchener
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2025-04-17 | 2025-08-31 | Login to See Prices | Expired | x12088998 |
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.
About 119 Fairmount Road, Kitchener
Located in Kitcheners desirable East Ward, 119 FAIRMOUNT ROAD presents a rare opportunity to acquire a LEGAL PURPOSE-BUILT TRIPLEX offering strong investment fundamentals and future upside. This well-maintained building WITH OVER 2368 sqft finished, features TWO 2-BEDROOM UNITS and ONE 1-BEDROOM UNIT, each fully self-contained with its own kitchen, bathroom, and living spaceideal for owner-occupiers, investors expanding their portfolio, or those seeking house-hack potential. The property sits on a DEEP 46' X 126' LOT with ample green space and PARKING FOR FOUR VEHICLES, enhancing tenant appeal. Unit 1 features a walkout to the backyard and updated flooring and is currently tenanted. Unit 2 is VACANT, offering immediate rental flexibility or move-in potential, while Unit 3 rounds out the building with two bedrooms and a full bath. Additional highlights include THREE OWNED HOT WATER TANKS, SEPARATE HYDRO METERS for each unit, shared laundry, and major updates including a NEW ROOF (2022) and FURNACE (2021). This area is HIGHLY SOUGHT AFTER steps to Fairmount Park, minutes from downtown Kitchener, the LRT, Kitchener Market, Centre in the Square, and Fairview Mall. Quick access to the EXPRESSWAY and HIGHWAY 401 make this a commuter-friendly location. Backed by consistent rental demand and future value-add possibilities, this triplex offers STEADY CASH FLOW with the option to enhance returns through minor cosmetic updates or market rate turnover. Whether you're looking to LIVE IN ONE UNIT AND RENT THE OTHERS or hold as a fully tenanted investment, 119 Fairmount Road is a smart addition to any real estate portfolio.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $4,696
- Land Transfer Tax Fee
- $15,453
Rental Items
- Rental Equipment
- NONE
- Basement Type
- Finished
Interior Features
- Laundry Level
- Lower Level
- Interior Extras
- Separate Hydro Meter
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
- Property Features
- Golf, Park, School
Building
- Building Type
- Multiplex
- Building Style
- 3-Storey
- Approx Age
- 51-99
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Brick
- Special Designation
- Unknown
Lot
- Lot Front
- 46.74 ft
- Lot Depth
- 126.21 ft
- Lot Size
- 5898
Inclusions
- Inclusions
- Fridge, stove for each unit
Exclusions
- Exclusions
- All tenants belongings, all staging furniture in Unit 2
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 4
- Parking Spaces
- 4
- Total Garage And Parking Spaces
- 4
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Window Unit(s)
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 5
- Washrooms
- 3
- Kitchens
- 3
- Family / bonus room
- Yes
Room sizes
- Kitchen—Main level
- Living Room—Main level
- Dining Room—Main level
- Primary Bedroom—Main level
- Kitchen—Second level
- Family Room—Second level
- Primary Bedroom—Second level
- Bedroom—Second level
- Living Room—Lower level
- Bedroom—Lower level
- Kitchen—Lower level
- Utility Room—Lower level, Combined w/Laundry
Washrooms
- 4-piece, Lower
- 4-piece, Main
- 4-piece, Second
- Municipality
- Kitchener
- Main cross streets
- MONTGOMERY
- Zoning
- RES-5
- Directions
- MONTGOMERY
- MLS® number
- X12088998
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-08-31
- Listed on
- 2025-04-17
- Days on market
- 136 days
- Possession type
- Flexible
- Co-op commission
- 2.5%+HST reduced by 1% if shown by LA
- Seller
- Listed by
- ROYAL LEPAGE WOLLE REALTY
Home Market Value
Current home valuation for 119 Fairmount Road, Kitchener, , . Listed for $948,888
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 119 Fairmount Road, Kitchener
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $448,888 over $500K
$69,889
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $35,147 | $26,474 | $22,584 | $0 |
=Total mortgage | $913,817 | $880,473 | $829,139 | $759,110 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $4,462monthly | $4,299monthly | $4,048monthly | $3,706monthly |
Land Transfer Tax
$15,453
$15,453
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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