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223 CONNAUGHT Street

223 CONNAUGHT Street

Kitchener, Ontario

4 bed • 2 bath • Multi-family

$699,900

Welcome Home to 223 Connaught Street, a beautifully renovated bungalow offering exceptional flexibility and income potential. Pride of ownership is evident throughout the home, from the thoughtfully maintained landscaping to the updated electrical panel, creating a sense of confidence in the home’s condition the moment you walk through. Updated approximately five years ago, this property blends modern finishes with practical living for both homeowners and investors alike. The main level features a bright, open-concept layout highlighted by California shutters, custom lighting, and a spacious living area that flows seamlessly into the updated kitchen. Sliding doors lead directly to the back deck, creating an easy transition for indoor-outdoor living and entertaining. Two well-appointed bedrooms, each with ceiling fans, are complemented by an updated bathroom that completes the level with comfort and style. Downstairs, the self-contained lower unit offers a one-bedroom layout, with an additional room currently used for storage that presents excellent potential for a second or third bedroom, home office, or flex space. Step outside to a beautifully landscaped backyard designed for both relaxation and entertaining. Enjoy the private deck, mature greenery, and a sense of space that is hard to find in the city. The detached garage is fully insulated and equipped with 110V power, making it ideal for hobbyists, additional storage, or workspace needs. The large driveway provides ample parking, adding even more convenience for multi-unit living. Located in a highly accessible area just minutes to Highway 401 access, public transit including LRT, shopping, and everyday amenities, making this a prime location for all. Whether you are looking to live in one unit and rent the other, or add a solid, turn-key investment to your portfolio, 223 Connaught Street delivers versatility, comfort, and long-term value.

Price History

Schools

Elementary

  • Wilson Avenue Public School0.6 km

    Public · Waterloo Region DSB · 515 students

    Grade 3 reading: 60% met the provincial standard · Grade 6 math: 46% met the provincial standard

  • Sunnyside Public School0.7 km

    Public · Waterloo Region DSB · 310 students

  • Rockway Public School0.8 km

    Public · Waterloo Region DSB · 220 students

    Grade 3 reading: 27% met the provincial standard · Grade 6 math: 26% met the provincial standard

Secondary

  • Eastwood Collegiate Institute1 km

    Public · Waterloo Region DSB · 1270 students

    Grade 10 literacy: 84% met the provincial standard

  • St Mary's High School1.8 km

    Catholic · Waterloo CDSB · 2240 students

    Grade 10 literacy: 94% met the provincial standard

  • Cameron Heights Collegiate Institute2.6 km

    Public · Waterloo Region DSB · 1765 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 N2C

Population
17,681
Private dwellings
7,494
Median age
36.8
Average household size
2.4
Median household income
$70,000

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

Multi-family in Kitchener · last 12 months

Median sold price
$665,000
Homes sold
1,927
Median days on market
20
Sale-to-list price
101.0%

Based on 1,927 recorded sales of multi-family properties in Kitchener over the last 12 months.

Location

Mortgage Calculator

$139,980

Estimated Monthly Payment

$3,438

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $3,438/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $175/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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