1242 King Street E

Welcome to the delightful **Multi-Family Home for sale in Kitchener **, located at 1242 King Street E, Kitchener. This splendid side-by-side legal duplex, constructed between 6 to 15 years ago, perfectly blends modern design with strong rental appeal, making it an ideal choice for both investors and savvy owner-occupiers. With its unbeatable central location, just a stone's throw away from the bustling downtown Kitchener, and in close proximity to trails and the beautiful Rockway Gardens, this property truly checks every box.

As you approach 1242 King Street E, Kitchener, you’ll be greeted by a contemporary exterior that features a stylish combination of brick and vinyl siding, providing a polished and modern look. The outdoor space is equally inviting, boasting a large front porch and rear deck areas that are perfect for relaxing or hosting summer barbecues. This **Multi-Family Home for sale in Kitchener** offers not just a place to live, but a lifestyle that encourages outdoor enjoyment.

Step inside, and you’ll find that the design of each unit is nothing short of impressive. With a loft-style layout and soaring 18-foot ceilings, the interiors are bright and airy, flooded with natural light. Each unit is thoughtfully finished with designer-inspired upgrades, including sleek white cabinetry, stunning quartz countertops, and a chic tile backsplash. The white oak-inspired waterproof laminate flooring is not only stylish but also low-maintenance, making it perfect for busy lifestyles.

The bathrooms continue this elevated aesthetic, featuring quartz countertops and modern black fixtures that add a touch of sophistication. Each unit comprises a functional layout with 1 bedroom and 1 bathroom, ensuring comfort and convenience. Although there is no den, the intuitive design maximises the available space, creating a welcoming atmosphere.

Another standout feature of this **Multi-Family Home for sale in Kitchener** is the mirrored privacy film on the windows, which allows for excellent natural light while maintaining privacy. Each unit is equipped with a dual-zone thermostat, enabling tenants to control their own heating independently. This thoughtful detail enhances the living experience, making it feel like home.

In terms of practicality, the duplex features separate hydro meters, meaning tenants are responsible for their own electricity bills, which simplifies management for the owner. Both units come with unfinished basements that boast excellent ceiling heights, providing ample storage space and potential for future development.

Parking is a significant advantage here, with space for up to four vehicles in the private driveway, making it easy for both households and visiting guests. Whether you’re considering living in one unit and renting out the other or looking to add a newer-build legal duplex to your property portfolio, 1242 King Street E, Kitchener, is a standout opportunity that should not be missed.

This **Multi-Family Home for sale in Kitchener** is not just a property; it’s a chance to invest in a thriving community with excellent commuter access via bus routes and the LRT, alongside easy access to major highways. The area is vibrant and full of life, making it an attractive location for potential tenants.

In summary, if you’re on the lookout for a modern, stylish, and well-located property, look no further than 1242 King Street E, Kitchener. This **Multi-Family Home for sale in Kitchener** is a unique opportunity that combines contemporary living with the potential for strong rental income. Come and see for yourself the charm and possibilities that await in this exceptional duplex!

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within just 0.7 km, you can find Sheppard Public School, which offers both English and French instruction for grades K to 6, boasting a solid school rating of 6. Eastwood Collegiate Institute, also within 0.7 km, serves grades 9 to 12 and has a rating of 5.2. For older students, Kitchener-Waterloo Collegiate and Vocational School, located 3.6 km away, offers French instruction for grades 9 to 12 and has an impressive rating of 7. Additionally, St. Daniel Catholic School, 1.9 km away, provides a Catholic education for JK to 8 with a rating of 4.1. Other nearby options include St. Anne Catholic Elementary School and St. Mary's High School, both offering quality education in English and French. With a variety of schools in close proximity, parents can feel confident in the educational opportunities available for their children, ensuring a nurturing environment for their academic growth.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small community with a population of 574 residents and an average household size of 1.9. The average age of residents is 50.4 years, indicating a mature population. The average household income stands at $72,000, with 15% of the population classified as low-income. The real estate market reflects an average property price of $452,000, with 41.07% of homes being condominiums. The area has a significant proportion of single individuals, making up 49.51% of the population, while households with children represent 23.33%. Immigrants constitute 20.19% of the community, adding to its diversity. Renters make up 30.36% of the population, highlighting a rental market presence. Educational attainment is relatively high, with 48.89% of residents holding a college or university degree. However, a notable 54.44% of the population is not in the labor force, which may impact economic activity in the area. Overall, this community is characterized by a blend of stability, diversity, and a mature demographic, making it an intriguing location for potential homebuyers or investors.