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Kitchener · Victoria Hills · Multi-family · MLS# 40798550

498 KARN Street

$1,397,000

7

bed

6

bath

3,985

sqft

2024

built

Multi-family · $351/sqft

Listed January 19, 2026

About this home.

Large Custom Built Duplex with a 2 Bedroom In-law Suite with separate side entrance. All units separately metered gas, water and hydro. 3985sqft of living space on 3 levels. 1x3 bedroom 1539sf, 2x2 bedroom, 1,162sf Main+ 1,284sf Lower In-law. 9ft ceilings on all 3 levels. All units have 2-full Bathrooms. 3 primary bedrooms with ensuites and walk-in closets. 3 Laundry rooms, Quarts counters and backsplash. Large windows throughout including In-Law Suite. All appliances included. 2 large decks. Quality materials and workmanship is evident throughout. Safe and Sound Insulation between all units (noise dampening). An ideal Multi Generational living set up with rental income or Airbnb and a great investment that is built to last with minimal maintenance. Parking for 6 cars. No rented equipment. In-law Suite Unit will be vacant on closing. (id:59491)

The full record.

Property typeMulti-family
Year built2024
Square footage3,985 sqft
Lot size0
Bedrooms7
Bathrooms6
HeatingForced air,, ,Natural gas
CoolingCentral air conditioning
ListedJanuary 19, 2026

How this listing prices against Victoria Hills.

10

Sales

$571,250

Median price

22

Days on market

97.7%

% of list

18

Active listings

N/A

Months supply

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.

Read the full Kitchenerreport →

Estimate the monthly carry.

Down payment
%($279,400)
Mortgage rate
%
Amortization
years

Estimated monthly payment

$6,397

Principal$1,117,600
Total interest$801,611
Total paid$1,919,211

Estimate only. Excludes property tax, condo fees, and insurance.

Questions on this property?

Neso Basara

RE/MAX Icon Realty

Waterloo Region

Use the chat button to message me directly.

Or email me at neso@basara.ca

498 KARN Street, Kitchener — $1,397,000 | Basara