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New7 days ago

698 King Street W

, Kitchener

$625,000

Detached|2-Storey
4 | 2 | 4
About this home

A Strong Duplex Investment in the Heart of Kitchener. Step into 698 King Street West, a versatile duplex offering two fully self contained units in a prime central location. Ideal for investors or buyers looking to offset living costs, this property delivers exceptional function, reliability, and long-term income potential. Recent updates including a new roof installed in 2024 and a fully renovated upper bathroom in 2025, adding modern style and comfort. Each unit features bright, inviting living spaces with well designed layouts whether for tenants, multi-generational living, or owner-occupancy. The location further elevates the opportunity, set just minutes from downtown Kitchener and within walking distance of transit, restaurants, Victoria Park, and major amenities. Offering two complete rental suites, recent major upgrades, outstanding rental appeal, and the advantage of a highly walkable and in-demand neighbourhood. 698 King Street West presents a smart and rewarding investment in the heart of the city. Book your private showing today.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$3,405
Lot Size28.5 ft x 63.3 ft
mls© NumberX13711996
Listed ByRE/MAX TWIN CITY REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,199
Property tax
$284
Heat allowance
$150
Housing costs
$3,633 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $125,000
25-yr amortization

Income needed

$112,000

gross annual household income

Payment at 4%
$2,630 / mo
Cash down
$125,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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