498 Karn Street, Kitchener

$1,379,000
498 Karn Street

$1,379,000

New
17d
Duplex2-Storey

498 Karn Street, Kitchener

Total Monthly Obligation $6,665

Beds
7
Baths
6
Park
5
Sqft
2500-3000
DOM
17d
Property Type-Duplex
MLS® Number-X13865420
Beds-7
Bathrooms-6
Size-2500-3000 sqft
Lot Size-33.5 × 136 ft
Listed on site-Oct 6, 2026
Style-2-Storey
Building Type-Duplex
Age-0-5
Taxes-$8,731.25 (2026)
Parking-6 - Attached
Basement-Finished, Apartment
Heating-Forced Air (Gas)
Brokerage-Red And White Realty Inc
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-flexible
Title-Residential Freehold

No agent assigned

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.

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Closing Costs

Mortgage Amount
$1,103,200
Land Transfer Taxes$24,055
Legal Fees (Est.)
$
Total cash required for closing$301,355

Total Monthly Obligation

$6,665/mo
Mortgage $5,563
Monthly Loss $5,201
Principal$1,464
Interest$4,099
Property Tax$728
Home Insurance$125
Variable Costs$250

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 498 Karn Street

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