563 Wellington Street N

Welcome to the charming house for sale in Kitchener , located at 563 Wellington Street N, Kitchener! This delightful detached home, styled in a practical 1 1/2 storey design, presents a rare opportunity for investors, renovators, and developers alike. With its prime location on Wellington Street, this property boasts excellent access to schools, shopping, public transport, and the vibrant amenities of downtown Kitchener.

The house features two well-proportioned bedrooms, making it ideal for small families or individuals looking for a comfortable living space. Although there is no den, the layout of the house for sale in Kitchener allows for creative use of the existing rooms. The home comprises a total of four rooms, including a main kitchen, which is perfect for preparing meals and entertaining guests. While there is no additional kitchen, the main one is functional and ready for your personal touch.

Situated on a generous lot measuring 38 by 120 feet, this property offers ample outdoor space, although there is no pool to maintain. The exterior is clad in durable vinyl siding, ensuring low maintenance and longevity. Additionally, the house for sale in Kitchener benefits from a full, unfinished basement, providing a blank canvas for those wishing to expand their living space or create additional rooms as part of a renovation project.

Central air conditioning will keep you cool during the warmer months, while the forced air heating system ensures a cosy atmosphere in winter. The property is connected to municipal water and sewer services, providing convenience and peace of mind. Although the house does not feature a fireplace, the warmth of the home can easily be enhanced with modern heating solutions or decorative elements.

Parking is a breeze with a private driveway accommodating up to two vehicles, along with a detached garage space for additional storage or vehicle protection. While there is no central vacuum system, the unfurnished interior allows for a fresh start, enabling you to design the space to suit your personal style and preferences.

One of the standout features of this house for sale in Kitchener is its exceptional zoning flexibility. According to the regulations set forth by the City of Kitchener, this lot has the potential to accommodate up to four units. This makes it an outstanding choice for flippers seeking to profit from renovations, investors looking to expand their rental portfolio, or developers eager to maximise density in a growing community.

The age of the property, being between 51 and 99 years old, adds character and charm, while also presenting the opportunity to modernise and enhance its appeal. The surrounding area is thriving, making 563 Wellington Street N, Kitchener, not just a house, but a project brimming with possibilities for the right buyer.

With its fantastic location, development potential, and solid investment value, this house for sale in Kitchener is an opportunity you won't want to miss. Whether you're a seasoned investor or a first-time buyer with a vision, this property offers the perfect foundation to create your dream home or to embark on a profitable venture.

Don't hesitate to explore this unique opportunity at 563 Wellington Street N, Kitchener, where the potential is as vast as your imagination. The combination of location, flexibility, and potential makes this house for sale in Kitchener a rare find in today's market. Come and see for yourself what this property has to offer!

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within a short distance, you will find Prueter Public School (1.2 km) and St. Teresa Catholic Elementary School (0.9 km), both offering elementary education in English, with St. Teresa rated at 7. Additionally, Margaret Avenue Senior Public School is just 0.9 km away, catering to grades 7 and 8, although it currently has a low rating. For secondary education, Cameron Heights Collegiate Institute (2.0 km) and Kitchener-Waterloo Collegiate and Vocational School (2.6 km) provide robust programs for grades 9 to 12, with ratings of 7.7 and 7, respectively. Suddaby Public School (1.2 km) and Stanley Park Senior Public School (2.7 km) offer French-language education for elementary and senior grades, while St. Mary's High School (4.8 km) serves as a Catholic secondary option. Overall, the area boasts a mix of public and Catholic schools, providing diverse educational opportunities for children of all ages.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 546 residents, with an average household size of 2 individuals. The demographic profile reveals an average age of 40.6 years and a household income averaging $75,500. Approximately 12.8% of the population is classified as low-income, while a significant portion, 53.13%, identifies as single. Families are also present, with 34.48% of households having children. The community is diverse, with 16.48% of residents being immigrants. The rental market is notable, with 47.06% of households renting their homes, and there are currently no condominiums available in the area. The average home price stands at $630,000, indicating a relatively high real estate market. Education levels are impressive, with 47.62% of residents holding a college or university degree. However, a significant portion of the population, 39.29%, is not in the labor force, which may reflect various factors such as retirement or other commitments. Overall, this demographic snapshot highlights a community that is educated, diverse, and has a mix of family structures and income levels, making it an intriguing area for potential homebuyers and investors.