427 Duke Street W, Kitchener, ON N2H 3Y6
- Property tax
- $3,488 / year
Developers, Investors, Families! Rare Midtown Corner Lot with massive potential available for thefirst time in 40+ years! This 1902 detached home sits on a premium 40' x 119' corner lot in a rapidlyappreciating Midtown pocket near DTK, transit, and the Spur Line Trail. Surrounded by $1M+redevelopments, this property offers ultimate flexibility for a high-end family renovation or a high-yieldinvestment project. The existing 2-bed, 1.5-bath character home features great bones and excellent holdingvalue. Major mechanical updates offer immediate peace of mind, including a furnace replaced in 2025 and anewer main roof from 2020. Move in, rent out, or renovate while finalizing your permits. The high densityRES-5 zoning and dual street exposure are perfectly primed for intensification under Kitchener's "GrowingTogether" framework. Capitalize on the corner configuration for separate unit entrances and streamlinedparking logistics to build cluster townhouses, a multi-unit conversion, or an accessory dwelling. Best of all,leverage the "10 unit threshold" for an expedited Zoning Certificate process, bypassing complex site plans.Whether you want to restore a piece
- MLS number
- X13770320
- Type
- Detached
- Status
- Active
- Bedrooms
- 2
- Bathrooms
- 2
- Postal code
- N2H 3Y6
- Photos
- 39
This home has been listed 2 times in the last two years. "This property" adds up the days each of those listings was actually on the market before being withdrawn, suspended or expiring — the quiet months between them are not counted.
Property details
As filed by the listing brokerage. Anything the board left blank is left out rather than shown as unknown — and none of it is guaranteed accurate by PropTx, so verify what you rely on.
Property
- Type
- Detached
- Style
- 2-Storey
- Class
- Residential Freehold
- Fronting on
- North
- Municipality
- Kitchener
- Cross street
- Duke St W/Shanley St
- Zoning
- RES-5/ Light Industrial (Commercial)
Inside
- Bedrooms
- 2
- Bedrooms above grade
- 2
- Bathrooms
- 2
- Washrooms
- 1 on the second floor · 1 on the basement floor
- Kitchens
- 1
- Rooms above grade
- 7
- Basement
- Unfinished
- Laundry
- Lower Level
- Size
- 700-1100
Building
- Construction
- Brick, Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Stone, Concrete
- Other structures
- Fence - Full, Garden Shed, Workshop, Shed
Parking
- Garage
- Attached
- Covered spaces
- 1
- Driveway spaces
- 4
- Total parking
- 5
Land
- Lot
- 40 × 119 feet
- Shape
- Rectangular
- Pool
- None
Heating, cooling and services
- Heating
- Forced Air
- Heat source
- Gas
- Cooling
- Wall Unit(s)
- Water
- Municipal
- Sewer
- Sewer
Features
- Property
- Hospital, Place Of Worship, Public Transit, School
- Interior
- Water Heater Owned, Workbench
Listing
- MLS number
- X13770320
- Status
- New
- Previous status
- Draft
- Listed on
- 2026-09-10
- Expires
- 2026-12-31
- Possession
- 2026-10-01
- Taxes
- $3,488 (2025)
- Board
- Toronto Regional Real Estate Board
Listing history
This address has been listed 2 times.
Where this home 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.
| School | Level | Distance | Rating |
|---|---|---|---|
| King Edward Public School Waterloo Region DSB | Elementary | 685 m | / 10 51% met the standard |
| Margaret Avenue Public School Waterloo Region DSB | Elementary | 750 m | Not reported |
| Kitchener Waterloo Collegiate and Vocational School Waterloo Region DSB | Secondary | 842 m | / 10 81% met the standard · 2 of 6 measures |
| Prueter Public School Waterloo Region DSB | Elementary | 1.3 km | / 10 52% met the standard |
| St John Catholic Elementary School Waterloo CDSB | Elementary | 1.3 km | / 10 48% met the standard |
| Elizabeth Ziegler Public School Waterloo Region DSB | Elementary | 1.2 km | / 10 68% 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
The market around this home
Detached houses in Kitchener — 1,949 sales over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.
How these are built, and what they cannot tell you
Each point is the median of the sales that closed in that quarter among detached houses in kitchener. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.
This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.
Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.
This neighbourhood
Statistics Canada 2021 Census, for the surrounding few blocks — about 394 people.
The neighbourhood, by the census
Statistics Canada 2021 Census for dissemination area 35300843 — the few blocks around this address, home to 394 people. It describes the area, not this property.
Percentages are of the 265 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.
If you rented it out
Monthly rent starts from the median of recent 2-bedroom leases in Kitchener. Change it to anything you like.
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.