Sold for:Sold Nov 28, 2024
$750,000

127 Mill Street

Kitchener, ON N2M 3P7

Multiplex 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 127 Mill Street, Kitchener

2024-09-10
2024-11-29
Sold
Price
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MLS#
x9309391

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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 127 Mill Street, Kitchener

This legal duplex with R-2 zoning is the property you've been waiting for! A stunning, solid brick home, its ideally situated within walking distance of St. Mary's Hospital, bus and LRT stations, and all the vibrant amenities of Downtown Kitchener. Both units have been beautifully renovated. The property features a spacious 3-bedroom apartment on the second level, which includes three bright bedrooms (one currently used as a living room), a dining room, kitchen, and a 4-piece bathroom. The main level hosts a cozy 1-bedroom apartment with a 3-piece bathroom and an open-concept kitchen, dining, and living area. The large backyard is perfect for family gatherings, and there's ample parking with space for up to 4 cars in the garage and driveway. Above the garage, you will find an additional space that could serve as a workshop or be converted into a charming office with its own deck. With potential to add a third unit in the basement, this property offers endless possibilities. Whether you're looking to live in one unit and rent out the other or seeking a lucrative investment property, this is a fantastic addition to any real estate portfolio!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,321
Land Transfer Tax Fee
$11,475

Rental Items

Under Contract
Hot Water Tank-Gas

Basement Type
Partially Finished, Separate Entrance

Interior Features

Interior Extras
Water Heater, Water Heater Owned
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None
Property Features
Place Of Worship, Public Transit, School Bus Route, School
Other Structures
Garden Shed, Workshop

Building

Building Type
Multiplex
Building Style
2-Storey
Approx Age
51-99

Construction

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

Lot

Lot Front
40.00 ft
Lot Depth
100.00 ft

Parking & Garages

Garage Type
Detached
Garage Spaces
1
Parking Spaces
3
Total Garage And Parking Spaces
4

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
None
Water
Municipal
Sewers
Sewer
Natural Gas
Yes
Hydro
Yes
Cable
Yes
Telephone
Yes

Bedrooms
4
Washrooms
2
Kitchens
2

Room sizes

  • Bedroom—
    Second level
  • Kitchen—
    Second level
  • Bathroom—
    Second level, 4 Pc Bath
  • Primary Bedroom—
    Second level
  • Bedroom 2—
    Second level
  • Bedroom 3—
    Main level
  • Kitchen—
    Main level
  • Bathroom—
    Main level, 3 Pc Bath
  • Den—
    Basement level

Washrooms

  • 4-piece, Second
  • 3-piece, Main

Municipality
Kitchener
Main cross streets
Queen St S and Mill St
Zoning
R-5

MLS® number
X9309391
Data source
Toronto Regional Real Estate Board
Status change
2024-11-29
Listed on
2024-09-10
Days on market
80 days
Possession type
Immediately
Co-op commission
2.25
Seller
Listed by
Keller Williams Home Group Realty

Home Market Value

Current home valuation for 127 Mill Street, Kitchener, , . Listed for $750,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 127 Mill Street, Kitchener

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Minimum Down Payment Required:6.7%

5% on first $500K + 10% on $250,000 over $500K

Minimum down payment

$50,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$27,990$20,925$17,850$0
=Total mortgage
$727,740$695,925$655,350$600,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$3,553monthly$3,398monthly$3,200monthly$2,930monthly
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Land Transfer Tax

Provincial

$11,475

Total Land Transfer Tax

$11,475

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