Victoria St N, Kitchener
Closing Date: August 28th, 2026** Realtors bring us a client and add your commission on top of the purchase price**
Strategies For Success
- FIX & FLIP OR HOLD: Complete a cosmetic renovation of both units by modernizing the kitchens and bathrooms, installing new flooring where necessary, updating fixtures and finishes, replacing the eaves, and applying fresh paint throughout to maximize resale value and appeal to both investors and owner-occupants. Alternatively, consider holding the property as a turnkey duplex to generate strong rental income and benefit from long-term appreciation.
Details
- Side-by-Side Duplex (Configured Like Two Semi-Detached Homes)
- Built in 1900
- No Garage, but ample driveway parking
Left Unit:
- 3 Bedrooms
- 2 Bathrooms (1 bathroom is a rough in only)
- full bathroom is upstairs
- 1,002 sqft above ground & 474 sqft below grade
- No separate entrance to basement
- Ceiling height 6′-6’10” throughout
- New abs pipes installed
- Balcony with entrance through the full bathroom upstairs
Right Unit:
- 3 Bedrooms
- 2 Bathrooms
- full bathroom is upstairs
- 1,002 sqft above ground & 474 sqft below grade
- No separate entrance to basement
- Ceiling height 6′-6’10” throughout
- Has a roughed in kitchen, and new flooring throughout
- Balcony with entrance through the full bathroom upstairs
Mechanical & Systems
- Electrical: 2 breaker panels (1 per unit)
- Furnace: 2 gas furnaces (1 per unit), both owned
- A/C: Installed in 2008, in the right unit only. owned
- HWT: 1 electric hwt per unit, both owned
- Appliances included:1 fridge & 1 stove in as-is condition
- Meters: 1 water meter, 2 hydro meters
Roof & Exterior
- Roof: one side redone in 2013, other side is older
- Eaves need to be replaced, as they’re causing some pooling of water near foundation
- Windows: From 2008. 3 were replaced recently 2026
- Basement windows replaced 5-10 years ago
Lot & Location
- 55.08 ft x 50.44 ft irregular lot
- Property taxes are approximately $4,029
- RES-4 Zoning
Important Notes
- Seller has the option to leave junk behind—budget recommended for junk removal
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| The Numbers
We are selling our assignable purchase contract for this excellent Fix & Flip or Fix & Hold opportunity.
- Wholesale Price: $439,999 or Best Offer
- We believe this property will sell for at least $690,000 on the MLS once the recommended renovations are completed.
Comparable Analysis |
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| 374 Louisa Street sold for $690,000 on the market in April 2026.This fully renovated duplex features a 1-bedroom/1-bathroom unit and a 2-bedroom/1-bathroom unit, a comparable 1,500–2,000 sqft footprint, no garage, and a full unfinished basement on a 40 x 117 ft lot. While the comp benefits from its fully renovated condition, the subject offers a more desirable side-by-side duplex layout with two 3-bedroom, 2-bathroom units, separate mechanical systems, individual hydro meters, and ample driveway parking, presenting significant upside through cosmetic improvements. After making the appropriate adjustments for layout and and market conditions, we believe the subject property is worth at least $690,000 on the MLS once the recommended renovations are completed. |
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| 155 Wellington Street sold for $685,000 in March 2026.This legal duplex features two 2-bedroom, 1-bathroom units, a comparable 1,500–2,000 sqft footprint, an unfinished basement, and no garage on a 40 x 52 ft lot. The property has been renovated throughout and was sold vacant, while the subject offers a more desirable side-by-side duplex configuration with two 3-bedroom & 2 bathroom units. After making the appropriate adjustments for layout, condition, and market conditions, we believe the subject property is worth at least $690,000 on the MLS once the recommended renovations are completed. |
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