563 Wellington Street N
Kitchener, ON N2H 5L6
- 2Bedrooms
- 1Bathroom
- 1Garage
- 700–1100Sq Ft
- $2,978Tax
- 38×120 ftLot Size
Estimated Value:$404,000See Free Estimate Report
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About 563 Wellington Street N, Kitchener
Welcome to 563 Wellington Street North, Kitchener! This home is a rare opportunity for investors, renovators, and developers alike. This 2-bedroom home sits in a prime location with excellent access to schools, shopping, public transit, and downtown amenities, making it an attractive spot for both living and future redevelopment. While the home itself is a fixer-upper, its brimming with potential for those with a vision. Whether you're a handyman looking to bring it back to life or a renovator eager to modernize, this house provides the perfect foundation to get started. What truly sets this property apart is its zoning flexibility. According to the City of Kitcheners regulations, this lot has the potential to accommodate up to four units. This makes it an exceptional choice for flippers seeking profit, investors looking to expand their rental portfolio, or developers ready to maximize density in a growing community. 563 Wellington Street North is more than just a house, its a project full of possibilities. With its great location, development potential, and solid investment value, its an opportunity you wont want to miss.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $2,978
- Land Transfer Tax Fee
- $4,475
- Basement Type
- Full, Unfinished
Interior Features
- Interior Extras
- Water Heater Owned
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Detached
- Building Style
- 1 1/2 Storey
- Approx Age
- 51-99
Construction
- Exterior Finish
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation Details
- Poured Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 38.03 ft
- Lot Depth
- 120.12 ft
Parking & Garages
- Garage Type
- Detached
- Garage Spaces
- 1
- Parking Spaces
- 2
- Total Garage And Parking Spaces
- 3
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 2
- Washrooms
- 1
- Kitchens
- 1
Room sizes
- Kitchen—Main level
- Living Room—Main level
- Bedroom—Second level
Washrooms
- 4-piece, Main
- Municipality
- Kitchener
- Main cross streets
- Lancaster St W
- Zoning
- R5
- Directions
- Lancaster St W to Wellington St N
- MLS® number
- X12399114
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-10-02
- Listed on
- 2025-09-12
- Days on market
- 20 days
- Possession type
- Flexible
- Co-op commission
- 2%+HST
- Seller
- Listed by
- eXp Realty
Home Market Value
Current home valuation for 563 Wellington Street N, Kitchener, , . Listed for $400,000
HOMEH Estimate
$404,000
Estimated Sales Range
$319,160 - $488,840
HOMEH Estimate for 563 Wellington Street N, 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% of purchase price for homes $500K or less
$20,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $15,200 | $11,160 | $9,520 | $0 |
=Total mortgage | $395,200 | $371,160 | $349,520 | $320,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $1,930monthly | $1,812monthly | $1,707monthly | $1,562monthly |
Land Transfer Tax
$4,475
$4,475
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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