27 OAK Street
Kitchener, Ontario
3 bed • 3 bath • Single Family
VENDOR TAKE-BACK (VTB) FINANCING AVAILABLE UPON APPROVAL! Exceptional, high-density redevelopment opportunity located in the absolute heart of Downtown Kitchener's premier tech and innovation core. This 50-foot frontage by 132-foot deep rectangular infill lot features highly coveted SGA-2 (Strategic Growth Area) zoning, unlocking massive potential for a high-yield Missing Middle multi-unit project, stacked townhouses, or a boutique multi-residential build. The existing brick structure was previously utilized as a duplex, configured with 3 bedrooms and 2 bathrooms on the upper level. Furnace replaced 2025. Unbeatable tech-hub demographics drive this location, commanding immense demand from an influx of high-earning tech professionals, medical staff, and academics. You are steps away from global anchors including the Google Canada HQ, Communitech, and the Velocity incubator, alongside top-tier educational hubs like the University of Waterloo School of Pharmacy, McMaster School of Medicine, and Conestoga College. Enjoy immediate access to Victoria Park, upscale dining, and the LRT transit system. The property is being sold As-Is, Where-Is condition.
Price History
Property
- Lot Size
- 0.15 acres
Schools
Elementary
- St John Catholic Elementary School0.7 km
Catholic · Waterloo CDSB · 460 students
Grade 3 reading: 44% met the provincial standard · Grade 6 math: 43% met the provincial standard
- King Edward Public School0.7 km
Public · Waterloo Region DSB · 380 students
Grade 3 reading: 55% met the provincial standard · Grade 6 math: 30% met the provincial standard
- J F Carmichael Public School1.2 km
Public · Waterloo Region DSB · 485 students
Grade 3 reading: 72% met the provincial standard · Grade 6 math: 33% met the provincial standard
Secondary
- Kitchener Waterloo Collegiate and Vocational School1 km
Public · Waterloo Region DSB · 1650 students
Grade 10 literacy: 88% met the provincial standard
- Cameron Heights Collegiate Institute1.6 km
Public · Waterloo Region DSB · 1765 students
Grade 10 literacy: 90% met the provincial standard
- Bluevale Collegiate Institute2.8 km
Public · Waterloo Region DSB · 1115 students
Grade 10 literacy: 88% 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 N2G
- Population
- 14,580
- Private dwellings
- 8,284
- Median age
- 38
- Average household size
- 1.8
- Median household income
- $62,400
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
Single Family in Kitchener · last 12 months
- Median sold price
- $665,000
- Homes sold
- 1,931
- Median days on market
- 20
- Sale-to-list price
- 101.0%
Based on 1,931 recorded sales of single family properties in Kitchener over the last 12 months.
Location
Mortgage Calculator
$94,980
Estimated Monthly Payment
$2,333
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,333/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $119/mo
Estimates only. Consult a financial advisor.
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