Sold for:Sold Feb 11, 2025
$799,900

72 Obermeyer Drive

Kitchener, ON N2A 1P6

Multiplex SoldNot available

Property not available for sale or for rent.

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Sale & Price History for 72 Obermeyer Drive, Kitchener

2025-01-22
2025-02-11
Sold
Price
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MLS#
x11935293

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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 72 Obermeyer Drive, Kitchener

Welcome to 72 Obermeyer Dr., a rare opportunity to own a legal duplex with endless potential! This versatile property is ideal for multi-generational living or savvy investors looking for rental income. With separate meters for water, gas, and hydro, the home offers true independence for each unit. Both the upper and lower units are vacant and ready for new tenants or live in one unit and rent the other as a great mortgage helper. The oversized garage with a loft is a mechanics dream and may offer the potential to be converted into an additional dwelling unit (ADU), if the necessary permits can be obtained. Perfectly situated, this home is centrally located with easy access to shopping, schools, and bus routes. Commuting is a breeze with the expressway and Highway 401 just minutes away. Whether you're looking to live, rent, or expand, this property is brimming with possibilities! Legal duplexes with both units vacant don't come along very often. Don't miss the chance to make it yours.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,774
Land Transfer Tax Fee
$12,473

Basement Type
Full

Interior Features

Interior Extras
Separate Heating Controls, Separate Hydro Meter, Water Meter
Fireplace/Stove
Yes
Fireplace Features
Natural Gas, Rec Room, Living Room
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
Bungalow-Raised
Approx Age
51-99

Construction

Exterior Finish
Brick, Concrete
Roof
Metal
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
55.23 ft
Lot Depth
115.24 ft
Lot Shape
Rectangular

Inclusions

Inclusions
1 fridge, 1 stove, 1 dishwasher, 1 washer, 1 dryer in the upper unit; 1 fridge, 1 stove, 1 stacked washer/dryer in the lower unit

Exclusions

Exclusions
None

Parking & Garages

Garage Type
Attached
Garage Spaces
2
Parking Spaces
4
Total Garage And Parking Spaces
6

Heating & Cooling

Heat Source
Electric
Heat Type
Baseboard
Air Conditioning
None
Water
Municipal
Sewers
Sewer

Bedrooms
3 + 2
Washrooms
2
Kitchens
2
Family / bonus room
Yes

Room sizes

  • Bedroom—
    Main level
  • Bedroom—
    Main level
  • Bedroom—
    Main level
  • Dining Room—
    Main level
  • Kitchen—
    Main level
  • Dining Room—
    Basement level
  • Bedroom—
    Basement level
  • Bedroom—
    Basement level
  • Room—
  • Room—
  • Kitchen—
    Basement level
  • Utility Room—
    Basement level

Washrooms

  • 4-piece, Main
  • 4-piece, Basement

Municipality
Kitchener
Main cross streets
Centrally located off Kinzie Ave. between River Rd. E. and King St.
Zoning
R2B

MLS® number
X11935293
Data source
Toronto Regional Real Estate Board
Status change
2025-02-11
Listed on
2025-01-22
Days on market
20 days
Possession date
2025-03-01
Possession type
March 1, 2025
Co-op commission
2
Seller
Listed by
PEAK REALTY LTD.

Home Market Value

Current home valuation for 72 Obermeyer Drive, Kitchener, , . Listed for $799,900

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Estimated Sales Range

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HOMEH Estimate for 72 Obermeyer Drive, 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

$
Minimum Down Payment Required:6.9%

5% on first $500K + 10% on $299,900 over $500K

Minimum down payment

$54,990

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$29,788$22,317$19,038$0
=Total mortgage
$774,495$742,227$698,953$639,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$3,781monthly$3,624monthly$3,413monthly$3,124monthly
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Land Transfer Tax

Provincial

$12,473

Total Land Transfer Tax

$12,473

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