228 Connaught Street
Kitchener, ON N2C 1B3
- 4+1Bedrooms
- 3Bathrooms
- 4Parking
- 1500–2000Sq Ft
- $5,117Tax
- 94×66 ftLot Size
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About 228 Connaught Street, Kitchener
Investment Property - a great opportunity to purchase a purpose built triplex conveniently located in a quiet residential neighbourhood, close to Hwy 7/8 and Fairway Rd S in Kitchener. Opportunities like this do not come along too often - this property comprises of 3 seperate units. The main floor unit (currently tenanted) has 2 bedrooms, a 4 pce bathroom and a good size living room and kitchen. The second floor unit (currently tenanted) has the same floor plan as the main. The lower unit has a seperate entrance and is currently vacant allowing the landlord to choose their own tenant and set the monthly rent rate that they choose. The lower unit is a 1 bedroom with a 4 pce bathroom, living room and kitchen. On the lower level you will also find the shared laundry room, storage area and a utililty room. The building has adequate tenant parking on a paved driveway and sits on a nice corner lot at the corner of Connaught St & Fourth Ave. There is also an additional 33' x 66' severed building lot on the west side of the driveway which the seller will give the buyers of the triplex first right of refusal on. The lot has planning permission to build a 1940sq ft 3 level home - plans available for this build. Asking price for the lot is $399,000 in addition to the asking price for the triplex.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $5,117
- Land Transfer Tax Fee
- $12,455
- Basement Type
- Finished, Full
Interior Features
- Laundry Level
- Lower Level
- Interior Extras
- Separate Hydro Meter, Water Meter
- Security Features
- Smoke Detector
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
- Property Features
- Golf, Park, Place Of Worship, School, Skiing
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Block
- Special Designation
- Unknown
Lot
- Lot Front
- 94.00 ft
- Lot Depth
- 66.00 ft
- Lot Shape
- Rectangular
Inclusions
- Inclusions
- 3 fridges, 3 electric stoves, washing machine, clothes dryer.
Exclusions
- Exclusions
- all tenants possessions
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
- None
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 4 + 1
- Washrooms
- 3
- Kitchens
- 3
Room sizes
- Bathroom—Main level, 4 Pc Bath
- Bedroom—Main level
- Primary Bedroom—Main level
- Living Room—Main level
- Kitchen—Main level
- Bathroom—Second level, 4 Pc Bath
- Primary Bedroom—Second level
- Bedroom—Second level
- Living Room—Second level
- Kitchen—Second level
- Bathroom—Basement level, 4 Pc Bath
- Bedroom—Basement level
- Living Room—Basement level
- Kitchen—Basement level
- Utility Room—Basement level
- Other—Basement level
Washrooms
- 4-piece, Main
- 4-piece, Second
- 4-piece, Basement
- Municipality
- Kitchener
- Main cross streets
- Connaught & Fourth
- Zoning
- R3
- Directions
- From Franklin St S, turn right onto Connaught and the property is on the right of the corner of Connaught and Fourth Ave
- MLS® number
- X12657504
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-01-27
- Listed on
- 2026-01-01
- Days on market
- 26 days
- Possession type
- Flexible
- Co-op commission
- 2% + hst
- Seller
- Listed by
- Keller Williams Home Group Realty
Home Market Value
Current home valuation for 228 Connaught Street, Kitchener, , . Listed for $799,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 228 Connaught Street, Kitchener
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $299,000 over $500K
$54,900
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $29,755 | $22,292 | $19,016 | $0 |
=Total mortgage | $773,624 | $741,392 | $698,166 | $639,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,777monthly | $3,620monthly | $3,409monthly | $3,121monthly |
Land Transfer Tax
$12,455
$12,455
Around this home
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