$499,000
431 LOUISA Street, Kitchener, ON N2H 5N3
Listing courtesy of RE/MAX TWIN CITY REALTY INC.
$530,000
$757 / sq ft1 weeks on market
A unique investment and land-hold opportunity featuring a detached home on a rare extra-deep 156 ft lot. The property offers the ability to enjoy or rent the existing residence while benefiting from potential longer-term redevelopment or intensification opportunities. The 1.5-storey home offers approximately 1,040 sq. ft. above grade plus approximately 640 sq. ft. of finished basement space. The main floor features one bedroom, with two additional rooms on the second floor. A substantial 24.5 ft x 24.5 ft detached garage (inside measurements, built in 1987) provides excellent additional storage or workspace. Recent improvements include a furnace updated in 2019 and a blue steel roof installed in 2018. The property is currently zoned EMP-1 and is situated within a transitioning corridor experiencing redevelopment activity and nearby planning applications, providing potential longer-term upside for an investor or owner willing to explore future use possibilities. Conveniently located near major arterial roads, transit routes and amenities. An excellent opportunity for an owner-occupier, investor or land-hold purchaser seeking a property with an existing residence and future potential. Property is being sold "as is."
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced below most comparable listings — about 3% of comparable detached listings in Kitchener are asking less.
Based on 95 comparable active detached listings in Kitchener. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $530,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of Cushman & Wakefield Waterloo Region Ltd. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
What similar homes in this area actually sold for.
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$499,000
Listing courtesy of RE/MAX TWIN CITY REALTY INC.
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Listing courtesy of REAL BROKER ONTARIO LTD.