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498 KARN Street, Kitchener — listed at $1,379,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Duplex PLUS an In-Law Suite! Own a large custom-built duplex plus a separate 2-bedroom in-law suite, offering nearly 4,000 sq. ft. of finished living space across three levels. Thoughtfully designed for multi-generational living, extended family, or investors looking for multiple income streams. The property features three distinct living spaces, including a 1,539 sq. ft. 3-bedroom unit and two 2-bedroom living spaces measuring approximately 1,162 sq. ft. and 1,284 sq. ft. The 1,284 sq. ft. lower-level in-law suite has its own separate side entrance and will be vacant on closing. All three units feature 9-ft ceilings, two full bathrooms, dedicated laundry, large windows, quartz countertops and backsplashes, and their own primary bedroom with ensuite bathroom and walk-in closet. Each unit is separately metered for gas, hydro and water, providing straightforward utility management. Quality construction and materials are evident throughout, including Safe'n'Sound acoustic insulation between units for improved sound separation. Large windows bring plenty of natural light into all levels, including the lower-level suite. All appliances are included. Outside, enjoy two large decks and parking for six vehicles. There is also no rented equipment to assume. Whether you're looking for a multi-generational home with rental income, a property with strong investment potential, or a turnkey multi-unit rental, this is a substantial, purpose-built property designed with functionality, privacy and long-term durability in mind. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Second level | 11'0'' x 13'8'' |
| 4pc Bathroom | Basement | — |
| 5pc Bathroom | Main level | — |
| Storage | Basement | 11'0'' x 13'8'' |
| Laundry room | Basement | 5'3'' x 5'7'' |
| Bedroom | Basement | 6'8'' x 11'2'' |
| 4pc Ensuite bath | Basement | — |
| Primary Bedroom | Basement | 10'2'' x 12'1'' |
| Kitchen/Dining room | Basement | 12'11'' x 20'11'' |
| Storage | Main level | — |
| Laundry room | Main level | 5'4'' x 5'5'' |
| Bedroom | Main level | 7'6'' x 11'0'' |
| 4pc Ensuite bath | Main level | — |
| Primary Bedroom | Main level | 10'2'' x 12'0'' |
| Kitchen | Main level | 9'7'' x 13'6'' |
| Living room/Dining room | Main level | 13'6'' x 14'0'' |
| Storage | Second level | — |
| Laundry room | Second level | 6'0'' x 6'0'' |
| 5pc Bathroom | Second level | — |
| Bedroom | Second level | 7'5'' x 11'0'' |
| 4pc Ensuite bath | Second level | — |
| Primary Bedroom | Second level | 10'4'' x 12'8'' |
| Kitchen | Second level | 9'7'' x 13'6'' |
| Living room/Dining room | Second level | 13'6'' x 14'0'' |
How is the space laid out across floors?+
This is a 2-storey single family. The 7 bedrooms and 6 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
Built in 2024 — is this considered new?+
A 2024 build means modern building codes, likely better insulation and wiring than older homes. Ask if any major systems (roof, furnace, windows) have been replaced — even newer homes need maintenance.
What makes this a luxury property?+
At $1,379,000, standout features include 3985 sq ft, 6 bathrooms. In this price range, expect higher-end finishes — verify during a showing.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $8,731.25, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
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