439 ALICE Avenue

About this home.

6 UNITS POSSIBLE HERE AS 2 x TRIPLEXES. Approved by the City of Kitchener. Attention developers and investors! 6 units possible here. Redevelopment site for 2 triplex's (built as 2 x semi-detached with 3 units in each – see photo gallery for conceptual rendering). Plans attached as supplement documents. Existing structure is best to be ripped down. This property is brimming with potential—pre-approved by the City of Kitchener for a triplex redevelopment. Situated on a large lot in the heart of Kitchener. The existing home currently offers 3 bedrooms and 1 bathroom, providing a solid foundation for renovation or expansion. Conveniently located near public transit, the LRT, Google, Victoria Park, shopping, and other key amenities, this property presents an incredible opportunity for those looking to invest or undertake a full home renovation. (id:59491)

The full record.

How this listing prices against Victoria Hills.

Victoria Hills posted 8 sales and 21 active listings, which puts it in a moderate, slightly buyer-friendly position. The average sale price was $565,800, well below the city average, while homes sold in 21 days and at 97.37 percent of list, a touch stronger than Kitchener overall on pricing. This is a more affordable neighbourhood where demand is holding up reasonably well. Freeholds are moving faster, while condos remain the slower side of the market.

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