439 ALICE Avenue
Kitchener, Ontario
Vacant Land
6 UNITS POSSIBLE HERE AS 2 x TRIPLEXES. Approved by the City of Kitchener. Attention developers and investors! 6 units possible here. Redevelopment site for 2 triplex's (built as 2 x semi-detached with 3 units in each – see photo gallery for conceptual rendering). Plans attached as supplement documents. Existing structure is best to be ripped down. This property is brimming with potential—pre-approved by the City of Kitchener for a triplex redevelopment. Situated on a large lot in the heart of Kitchener. The existing home currently offers 3 bedrooms and 1 bathroom, providing a solid foundation for renovation or expansion. Conveniently located near public transit, the LRT, Google, Victoria Park, shopping, and other key amenities, this property presents an incredible opportunity for those looking to invest or undertake a full home renovation.
Price History
Schools
Elementary
- Hillside Public School0.4 km
Public · Waterloo Region DSB · 285 students
Grade 3 reading: 30% met the provincial standard · Grade 6 math: 19% met the provincial standard
- Westmount Public School0.8 km
Public · Waterloo Region DSB · 480 students
Grade 3 reading: 66% met the provincial standard · Grade 6 math: 38% met the provincial standard
- St John Catholic Elementary School1 km
Catholic · Waterloo CDSB · 460 students
Grade 3 reading: 44% met the provincial standard · Grade 6 math: 43% met the provincial standard
Secondary
- Kitchener Waterloo Collegiate and Vocational School1.6 km
Public · Waterloo Region DSB · 1650 students
Grade 10 literacy: 88% met the provincial standard
- Forest Heights Collegiate Institute2 km
Public · Waterloo Region DSB · 1555 students
Grade 10 literacy: 86% met the provincial standard
- Resurrection Catholic Secondary School2.3 km
Catholic · Waterloo CDSB · 1920 students
Grade 10 literacy: 90% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N2M
- Population
- 36,494
- Private dwellings
- 16,113
- Median age
- 36.4
- Average household size
- 2.3
- Median household income
- $71,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Vacant Land in Kitchener · last 12 months
- Median sold price
- $665,000
- Homes sold
- 1,930
- Median days on market
- 20
- Sale-to-list price
- 101.0%
Based on 1,930 recorded sales of vacant land properties in Kitchener over the last 12 months.
Location
Mortgage Calculator
$102,980
Estimated Monthly Payment
$2,530
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,530/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $129/mo
Estimates only. Consult a financial advisor.
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