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27 OAK Street, Kitchener — listed at $474,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
VENDOR TAKE-BACK (VTB) FINANCING AVAILABLE UPON APPROVAL! Exceptional, high-density redevelopment opportunity located in the absolute heart of Downtown Kitchener's premier tech and innovation core. This 50-foot frontage by 132-foot deep rectangular infill lot features highly coveted SGA-2 (Strategic Growth Area) zoning, unlocking massive potential for a high-yield Missing Middle multi-unit project, stacked townhouses, or a boutique multi-residential build. The existing brick structure was previously utilized as a duplex, configured with 3 bedrooms and 2 bathrooms on the upper level. Furnace replaced 2025. Unbeatable tech-hub demographics drive this location, commanding immense demand from an influx of high-earning tech professionals, medical staff, and academics. You are steps away from global anchors including the Google Canada HQ, Communitech, and the Velocity incubator, alongside top-tier educational hubs like the University of Waterloo School of Pharmacy, McMaster School of Medicine, and Conestoga College. Enjoy immediate access to Victoria Park, upscale dining, and the LRT transit system. The property is being sold As-Is, Where-Is condition. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| 3pc Bathroom | Basement | — |
| Eat in kitchen | Basement | — |
| 3pc Bathroom | Second level | — |
| 2pc Bathroom | Main level | — |
| Bedroom | Second level | 8'9'' x 13'8'' |
| Bedroom | Second level | 9'9'' x 8'9'' |
| Bedroom | Second level | 9'9'' x 11'0'' |
| Den | Main level | 18'9'' x 9'9'' |
| Eat in kitchen | Main level | 18'9'' x 11'6'' |
Is 27 OAK Street a good fit for a growing family?+
With 3 bedrooms and 3 bathrooms (1374 sq ft), there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
Is this a good starter home?+
At $474,900, this is priced in starter-home territory for Kitchener. With multiple bedrooms, it has room to grow into. Factor in property taxes when calculating your true monthly cost.
What's the parking situation?+
This property includes 4 spaces — Detached Garage.
This home was built in 1925 — what should I watch for?+
Homes from this era may have original wiring, plumbing, or insulation. Key checks: electrical panel (100 vs 200 amp), roof age, furnace age, and whether the basement has ever had water issues. A thorough home inspection is essential.
Does it have a basement, and is it finished?+
Yes — Partially finished, Full. A finished basement adds meaningful living space beyond the listed square footage.
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