Sold for:Sold Sep 29, 2025
$689,900

120 Fourth Avenue

Kitchener, ON N2C 1N8

Detached House SoldNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 120 Fourth Avenue, Kitchener

2025-09-18
2025-09-29
Sold
Price
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MLS#
x12411631

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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 120 Fourth Avenue, Kitchener

Rare Double Lot with Development Potential in a Prime LocationThis well-kept bungalow sits on a rare double lot in one of Kitcheners most established neighbourhoods. Located just minutes from top-rated schools, shopping, restaurants, transit, and the Kingsdale Park & Community Centre, this property offers both immediate livability and long-term potential.The existing home features two bedrooms on the main floor plus a finished basement with an additional bedroom, rec room, woodstove, and wet bar. A large back deck overlooks a private yard with plenty of outdoor space.For savvy investors and developers, the real value lies in the land. With walkout potential, this double lot presents a unique opportunity to build multiple unitssuch as Triplexes or even Fourplexesmaking it an attractive redevelopment project in a high-demand area.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,432
Land Transfer Tax Fee
$10,273

Rental Items

Rental Equipment
Hot water heater

Basement Type
Full, Finished

Interior Features

Interior Extras
In-Law Capability
Fireplace/Stove
Yes
Fireplace Features
Wood
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Detached
Building Style
Bungalow

Construction

Exterior Finish
Brick
Roof
Asphalt Shingle
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
66.20 ft
Lot Depth
132.42 ft

Exclusions

Exclusions
Bar Fridges, Curtains and rod in Primary Bedroom, Octagon shelves in the living room

Parking & Garages

Garage Type
None
Garage Spaces
2
Parking Spaces
2
Total Garage And Parking Spaces
2

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
2 + 1
Washrooms
2
Kitchens
1

Washrooms

  • 4-piece
  • 2-piece

Municipality
Kitchener
Main cross streets
Connaught Place
Zoning
RES-4
Directions
Connaught place to Fourth ave

MLS® number
X12411631
Data source
Toronto Regional Real Estate Board
Status change
2025-09-29
Listed on
2025-09-18
Days on market
11 days
Possession type
60-89 days
Co-op commission
2.0%+HST
Seller
Listed by
RE/MAX TWIN CITY REALTY INC.

Home Market Value

Current home valuation for 120 Fourth Avenue, Kitchener, , . Listed for $689,900

HOMEH Estimate

?

$643,000

Estimated Sales Range

?

$507,970 - $778,030

HOMEH Estimate for 120 Fourth Avenue, Kitchener

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$643,000Medium confidence
Based on 7 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Minimum Down Payment Required:6.4%

5% on first $500K + 10% on $189,900 over $500K

Minimum down payment

$43,990

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$25,830$19,248$16,420$0
=Total mortgage
$671,576$640,158$602,835$551,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$3,279monthly$3,126monthly$2,943monthly$2,695monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$10,273

Total Land Transfer Tax

$10,273

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6/100Almost All Errands Require a Car
0/100Minimal Transit
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