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253 Sydney Street S, Kitchener, ON N2G 3V8

4+1 beds · 3 baths · 2+1 kitchens · 14 rooms · 2 parking spaces · 1100-1500 sq ft · Duplex
$748,888
Property tax
$1,635 / year

THE UNICORN! Purpose Built Duplex! 100% VACANT POSSESSION! Stop fighting old leases and inherited tenants. 253 Sydney St S is a solid brick, purpose-built Legal Duplex offering the ultimate "Blank Slate" in Kitchener's desirable Rockway neighborhood. Set your own market rents from Day 1. Perfect for Investors, House-Hackers, or Multi-Generational families. UNIT BREAKDOWN: * MAIN UNIT: Vacant. 2 + 1 Bed, 2 Bath with Rec Room. Convenient backyard, in-suite laundry, and a 1-car garage. UPPER UNIT: Vacant. 2-Bed, 1-Bath. Features in-suite laundry and dedicated carport parking. INVESTORS: Run your own tenant selection and maximize your Cap Rate immediately. HOUSE-HACKERS: Live in one unit and let the other unit pay your mortgage! MULTI-GENERATIONAL: Separate kitchens, separate laundry, and separate entrances-keep the family close with total privacy across two spacious units. THE LOCATION: Commuter's dream. Minutes to Hwy 7/8 Expressway, the LRT, Rockway Golf Course, and Downtown Kitchener's Tech Hub. Separately metered Hydro between the Upper and Main units. Gas/Water shared on a single meter. Purpose-built multi-unit properties with FULL VACANT POSSESSION are incredibly rare. Why wait for the next opportunity while the unicorn is right here!

MLS number
X12846268
Type
Duplex
Status
Active
Bedrooms
5
Bathrooms
3
Postal code
N2G 3V8
Photos
36
Laundry
Not in the unit
194days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Matched to this street. The listing did not say which direction, and every candidate was in the same place.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Cameron Heights Collegiate Institute
Waterloo Region DSB
Secondary1.2 km8.2 / 10
82% met the standard · 2 of 6 measures
Sunshine Montessori SchoolElementary1.0 kmNot reported
Sheppard Public School
Waterloo Region DSB
Elementary1.3 km7.0 / 10
70% met the standard
Pathways Educational Services Inc.Secondary1.0 kmNot reported
Queen Elizabeth Public School
Waterloo Region DSB
Elementary1.1 km6.8 / 10
68% met the standard
Rockway Public School
Waterloo Region DSB
Elementary1.1 km3.3 / 10
33% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 610 people.

$65,500Median household income
44.6%Own their home
46%Detached houses
37.2Median age
16.4%Born outside Canada
26.1%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35300378 — the few blocks around this address, home to 610 people. It describes the area, not this property.

610Population
40.2Average age
2Household size
$65,200Average household income
$65,500Median household income
45%Own their home
55%Rent
6%Condominiums
16%Born outside Canada
26%University degree
$530,000Average home value
16%Low income
42%Not in the labour force
36%Never married
Under $5,0001%
$15,000 to $19,9994%
$20,000 to $24,9993%
$25,000 to $29,9993%
$30,000 to $34,9994%
$35,000 to $39,9994%
$40,000 to $44,9994%
$45,000 to $49,9997%
$50,000 to $59,9995%
$60,000 to $69,9995%
$70,000 to $79,9997%
$80,000 to $89,9998%
$90,000 to $99,9995%
$100,000 and over20%
$100,000 to $124,9999%
$125,000 to $149,9994%
$150,000 to $199,9994%
$200,000 and over3%

Percentages are of the 375 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$149,778 · minimum here is $49,889
$3,315.91per month
Borrowed before insurance$599,110
Total borrowed$599,110
Interest over 25 years at 4.5%$395,664

If you rented it out

-$3,452.16per month out of pocket
Rent$0.00
Everything it costs to hold$3,452.16
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by EXP REALTY. Listing data provided by the Toronto Regional Real Estate Board.