155 Wellington Street N

If you’re on the lookout for a fantastic investment opportunity, look no further than this Multi-Family Home for sale in Kitchener , located at 155 Wellington Street N, Kitchener. This renovated and updated legal duplex is perfectly situated just a stone’s throw from the GO train station, downtown Kitchener, and the tech hub of Google. The prime location makes it an ideal choice for both investors and those wanting to live in one unit while renting out the other.

The property boasts a bright upper unit that is completely carpet-free, featuring two spacious bedrooms, a large living room, and a separate kitchen. You’ll love the convenience of in-suite laundry, a dining area, and a covered balcony that’s perfect for enjoying your morning coffee or unwinding after a long day. The newly renovated four-piece bathroom has been freshly painted and is ready for immediate occupancy. This upper unit is a real gem in the Multi-Family Home for sale in Kitchener.

On the main floor, you’ll find another two-bedroom unit that is also carpet-free and has been fitted with brand new flooring throughout. This unit features an updated eat-in kitchen, a large living room complete with a charming brick fireplace, and in-unit laundry for added convenience. The unfinished basement offers walk-up access and is perfect for storage, while the private patio provides a lovely outdoor space to relax. With side-by-side parking available, both units benefit from easy access and convenience.

This Multi-Family Home for sale in Kitchener sits on a small, low-maintenance lot of 40 x 52 acres, making it an attractive investment property. Whether you’re looking to live in one unit and rent out the other or simply want to add to your property portfolio, this home offers unbeatable potential. The location is also fantastic, with easy access to the Spur Line trail and George Lippert Park, perfect for those who enjoy the outdoors.

With no garage space but ample parking for two vehicles on the private double-wide driveway, you won’t have to worry about parking issues. The property is un-furnished, allowing you to put your own stamp on it. The heating is provided by a forced air natural gas system, ensuring warmth during the chilly months. While there’s no air conditioning or central vacuum system, the home does come equipped with essential appliances including a dryer, refrigerator, stove, and washer.

The age of the building dates back to 1903, adding a touch of historical charm to this Multi-Family Home for sale in Kitchener. The area is known for its vibrant community spirit and proximity to amenities, making it a desirable place to live. The units are currently vacant and ready for new occupants, providing a great opportunity to set your own rents and maximise your investment.

In summary, if you’re in the market for a Multi-Family Home for sale in Kitchener, this property at 155 Wellington Street N, Kitchener, is not to be missed. With its prime location, updated features, and the potential for rental income, it’s a smart choice for anyone looking to invest in the thriving Kitchener area. Don’t hesitate to explore this opportunity further—your future investment awaits!

Uptown Waterloo, often referred to as the North Ward, is a vibrant and picturesque area in Kitchener, Ontario, characterised by its charming blend of historic architecture and modern amenities. This community boasts a lively atmosphere, with an array of shops, cafes, and restaurants lining its streets, creating a welcoming environment for both residents and visitors. The well-maintained parks and green spaces provide ample opportunities for outdoor activities, while cultural attractions such as galleries and theatres enrich the local scene. With excellent public transport links and a strong sense of community spirit, Uptown Waterloo/North Ward offers a delightful balance of urban convenience and suburban tranquillity, making it an ideal place for anyone looking to settle in a dynamic and engaging neighbourhood.

Schools in the Neighbourhood

This property is ideally located near a variety of educational institutions, catering to families with children of all ages. Within a short distance, you’ll find King Edward Public School (0.9 km), offering elementary education from JK to grade 6, with a respectable school rating of 3.9. For older elementary students, Margaret Avenue Senior Public School is just 0.6 km away, although it currently has a rating of 0. Suddaby Public School (1.2 km) provides French-language instruction for grades 1 to 6, rated at 5.9. Secondary education options include Cameron Heights Collegiate Institute (1.7 km), which boasts a solid rating of 7.7, and Kitchener-Waterloo Collegiate and Vocational School (1.1 km) with a rating of 7. Both schools offer grades 9 to 12. Additionally, there are Catholic educational options, such as St. Teresa Catholic Elementary School (1.4 km) and St. David Catholic Secondary School (4.1 km), both rated 7 or higher. This diverse selection of schools ensures that families have access to quality education within a convenient distance, making it an attractive location for potential buyers.

Key Statistics of the Neighbourhood

The area surrounding the property has a small population of 393 residents, with an average household size of 1.8 individuals. The demographic profile indicates a mature community, with an average age of 42.3 years. The average household income stands at $72,500, though 19.5% of the population is classified as low-income. Housing in the area has an average price of $660,000, reflecting a market that may be challenging for some residents, particularly since 70.73% are renters. The community is predominantly single, comprising 56.76% of the population, and 25% of households include children. Additionally, 19.72% of residents are immigrants, contributing to the area's cultural diversity. Education levels are notably high, with 61.43% of the population holding a college or university degree. However, a significant portion, 22.86%, is not participating in the labor force, which may impact the local economy. Interestingly, there are no condominiums in the area, indicating a potentially unique housing market focused on other property types. Overall, this demographic snapshot reveals a community that is educated, diverse, and predominantly rental-based, with a mix of families and singles.