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Renanza Realty
For sale

427 DUKE Street W

Kitchener, Ontario

MLS® 40862461

$399,900

Status
Active
Property type
House
MLS® number
40862461
Bedrooms
2
Bathrooms
2
Year built
1902

Listing description

Investors, Flippers & Families! Rare Midtown Corner Lot with massive potential available for the first time in 40+ years! This 1902 detached home sits on a premium 40’ x 119’ corner lot in a rapidly appreciating Midtown pocket near DTK, transit, and the Spur Line Trail.

Surrounded by $1M+ redevelopments, this property offers ultimate flexibility for a high-end family renovation or a high-yield investment project. The existing 2-bed, 1. 5-bath character home features great bones and excellent holding value.

Major mechanical updates offer immediate peace of mind, including a furnace replaced in 2025 and a newer main roof from 2020. Move in, rent out, or renovate while finalizing your permits. The high density RES-5 zoning and dual street exposure are perfectly primed for intensification under Kitchener’s Growing Together framework.

Capitalize on the corner configuration for separate unit entrances and streamlined parking logistics to build cluster townhouses, a multi-unit conversion, or an accessory dwelling. Best of all, leverage the 10 unit threshold for an expedited Zoning Certificate process, bypassing complex site plans. Whether you want to restore a piece of history or build a multi-unit legacy project, this prime piece of Midtown’s future is a must-see!

Property summary

MLS® number
40862461
Property type
Single Family
Building type
House
Square footage
1,086 sq ft
Title
Freehold
Built in
1902
Annual property taxes
$3,488.00
Parking
5 spaces · Detached Garage
Days on market
4 days

Features & details

Heating
Forced air, Natural gas
Cooling
Window air conditioner
Basement
Unfinished, Full
Appliances
Washer, Refrigerator, Satellite Dish, Stove, Dryer, Freezer
Exterior features
Brick, Vinyl siding
Lot features
Corner Site
Community features
Quiet Area
Architectural style
Other

What would this home cost you?

Based on the $399,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$1,861 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Royal LePage Wolle Realty, Kitchener.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.