Kitchener, ON N2H 5L6,563 Wellington Street N
Kitchener, ON N2H 5L6,563 Wellington Street N
Kitchener, ON N2H 5L6,563 Wellington Street N
Listed by Navjot Singh • EXP REALTY OF CANADA INC
$400,000
Est. payment /mo
$400,000
Est.Price: ?

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2 Beds
1 Bath
1,086 SqFt
SOLD DATE : 10/31/2025

Key Details

Sold Price $400,000

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 1,086 sqft

Price per Sqft $368

MLS Listing ID 40769031

Sold Date 10/31/25

Style 1.5 Storey

Bedrooms 2

Full Baths 1

Abv Grd Liv Area 1,086

Year Built 1950

Annual Tax Amount $2,978

Property Sub-Type Detached

Source Cornerstone

Property Description

Welcome to 563 Wellington Street North, Kitchener! This home is a rare opportunity for investors, renovators, and developers alike. This 2- bedroom home sits in a prime location with excellent access to schools, shopping, public transit, and downtown amenities, making it an attractive spot for both living and future redevelopment. While the home itself is a fixer-upper, it's brimming with potential for those with a vision. Whether you're a handyman looking to bring it back to life or a renovator eager to modernize, this house provides the perfect foundation to get started. What truly sets this property apart is its zoning flexibility. According to the City of Kitchener's regulations, this lot has the potential to accommodate up to four units. This makes it an exceptional choice for flippers seeking profit, investors looking to expand their rental portfolio, or developers ready to maximize density in a growing community. 563 Wellington Street North is more than just a house, it's a project full of possibilities. With its great location, development potential, and solid investment value, it's an opportunity you won't want to miss.

Location

Province ON

County Waterloo

Area 1 - Waterloo East

Zoning R5

Direction Lancaster St W to Wellington St N

Rooms

Basement Full, Unfinished

Bedroom 2 2

Kitchen 1

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Appliance Water Heater Owned

Exterior

Parking Features Detached Garage, Asphalt

Garage Spaces 1.0

Roof Type Asphalt Shing

Lot Frontage 38.03

Lot Depth 120.12

Garage Yes

Building

Lot Description Urban, Highway Access, Park, Shopping Nearby

Faces Lancaster St W to Wellington St N

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Architectural Style 1.5 Storey

Structure Type Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 223070025

Ownership Freehold/None

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Raafat Metwaly

Raafat Metwaly

+1(647) 461-3580

Broker | License ID: 4771063

Broker License ID: 4771063

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