1242 King Street E, Kitchener, ON, N2G 2N6

MLS® # 40799358

new listing

Investment For Sale In King East, Kitchener, Ontario

$739,000

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1242 King Street E, Kitchener, ON - Outdoor

1242 King Street E, Kitchener, ON - Indoor

1242 King Street E, Kitchener, ON - Outdoor With Exterior

1242 King Street E, Kitchener, ON - Indoor Photo Showing Living Room

1242 King Street E, Kitchener, ON - Indoor Photo Showing Kitchen With Upgraded Kitchen

1242 King Street E, Kitchener, ON - Indoor Photo Showing Other Room

1242 King Street E, Kitchener, ON - Indoor Photo Showing Bathroom

1242 King Street E, Kitchener, ON - Indoor Photo Showing Bedroom

1242 King Street E, Kitchener, ON - Indoor Photo Showing Laundry Room

1242 King Street E, Kitchener, ON - Indoor Photo Showing Basement

1242 King Street E, Kitchener, ON - Other

1242 King Street E, Kitchener, ON - Indoor Photo Showing Kitchen

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1242 King Street E, Kitchener, ON, N2G 2N6

$739,000

Property Information:

Welcome to 1242 King St East, Kitchener, a side-by-side legal duplex built in 2020, offering the ideal blend of modern design, strong rental appeal, and an unbeatable central location. Just minutes to DTK, steps to trails, Rockway Gardens, and with excellent commuter access via bus routes, LRT, and easy highway access, this property checks every box for investors and savvy owner-occupiers. From the curb, you’ll love the contemporary exterior with modern siding and brick cladding for a polished look. Tenants will also appreciate the outdoor space, including a large front porch and rear deck areas, perfect for relaxing & BBQing. Inside, the design truly stands out. Each unit features a loft-style layout with impressive 18' ceilings, creating a bright, open feel filled with natural light. Both units are finished with designer-inspired upgrades, including white cabinetry, quartz countertops, and a sleek tile backsplash, paired with white oak-inspired waterproof laminate flooring that’s both stylish and low-maintenance. The bathroom continues the elevated aesthetic with quartz countertops and modern black fixtures, adding a crisp, upscale finish. Each unit offers a functional 1 bedroom, 1 bathroom layout with intuitive design. Additional highlights include mirrored privacy film for excellent natural light while maintaining privacy, plus a dual-zone thermostat allowing each unit to control their own temperature independently. The duplex also features separate hydro meters, meaning tenants pay their own electricity, simplifying management. Both units include unfinished basements with excellent ceiling height, offering great storage and future potential. Parking is another major bonus, with two parking spaces per unit, providing plenty of room for both households and visiting guests. Whether you’re looking to live in one unit and rent the other, or add a newer-build legal duplex to your portfolio, 1242 King St. E is a standout opportunity worth seeing in person.

Inclusions: Built-in Microwave,Carbon Monoxide Detector,Hot Water Tank Owned,Smoke Detector,Window Coverings,Dishwasher, Refrigerator, Stove, Washer, Dryer

Exclusions : Tenants' Belongings & Staging Items

Building Features:

Floor Space: 1367 Square Feet

Property Features:

Acres Range: < 0.5
Basement: Full, Unfinished, Sump Pump
Built in: 2020
Construction Materials: Brick, Vinyl Siding
Cooling: Central Air
Driveway Parking: Private Drive Single Wide
Exterior Features: Landscaped, Lighting, Private Entrance
Fencing: Fence - Partial
Floor Space (approx): 1367 Square Feet
Heating: Forced Air, Natural Gas
Interior Features: Separate Heating Controls, Separate Hydro Meters
Laundry Features: In-Suite
Lot Depth: 135 Feet
Lot Features: Irregular Lot, City Lot, Near Golf Course, Highway Access, Hospital, Park, Place of Worship, Playground Nearby, Public Parking, Public Transit, School Bus Route, Schools, Shopping Nearby, Trails
Lot Frontage: 46.00 Feet
Other Structures: Shed(s)
Roof: Asphalt Shing
Security Features: Carbon Monoxide Detector, Smoke Detector, Carbon Monoxide Detector(s)
Water Source: Municipal
Window Features: Window Coverings
Zoning: SGA-2
Sewer: Sewer (Municipal)
No. of Parking Spaces: 4

Courtesy of: Flux Realty

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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Market Price Trends

Single family detached

-3.17%

Price change (1 year)

22.77%

Price change (5 years)

All Properties

-3.28%

Price change (1 year)

23.0%

Price change (5 years)

Location of 1242 King Street E, Kitchener, ON, N2G 2N6

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

34 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

34 hot days expected in 2050

52/100

Moderate

ClimateCheck®

Current data

This property, 1242 King Street E, experiences 7 hot days per year at around 30.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34.3 degrees Celsius.

Projected Avg. Temperature

Past

30.8℃

2050

34.3℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

64/100

Moderate-High

ClimateCheck®

Current data

This property, 1242 King Street E, experiences 11 significant 2-day storms per year, with about 320.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 397.8mm of precipitation per year.

Precipitation Per Storm

Past

320.2mm

2050

397.8mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 1242 King Street E, Kitchener, ON, N2G 2N6

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$101,619.21

Average Number of Children

1.67

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.77 %

High school certificate or equivalent

30.01 %

Apprenticeship trade certificate/diploma

5.28 %

College/non-university certificate

22.55 %

University certificate (below bachelor)

0.55 %

University Degree

22.83 %

Commuter

Travel To Work

By Car

84.59 %

By Public Transit

6.63 %

By Walking

0.55 %

By Bicycle

0.0 %

By Other Methods

8.23 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

46.78 %

Houses

53.22 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Single family detached

All Properties

Location of 1242 King Street E, Kitchener, ON, N2G 2N6

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 1242 King Street E, Kitchener, ON, N2G 2N6

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

1242 King Street E, Kitchener, ON, N2G 2N6

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing