50 THERESA Street
Kitchener, Ontario
5 bed • 3 bath • Single Family
Attention investors, contractors, flippers, and savvy first-time buyers! This spacious, multi-level home offers a rare layout brimming with potential to manufacture your own equity in any market. The unique, highly versatile layout features five total bedrooms and three bathrooms spread across four distinct levels: a 1-bed, 1-bath (with shower) basement; a 1-bed, 1-bath (with tub) main floor; a second floor hosting 3 additional bedrooms and another full bath; plus a fully finished bonus attic space above perfect for an office or playroom. Situated in a highly desirable, great location close to local amenities, this property is the ultimate canvas for a high-yield flip, a multi-generational setup, or a rental investment. Bring your vision and toolbelt to unlock massive upside—opportunities with this much space and flexibility don't last long, so book your showing today!
Price History
Schools
Elementary
- St John Catholic Elementary School0.6 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 School0.8 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 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 Institute3 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
- 1,924
- Median days on market
- 20
- Sale-to-list price
- 101.0%
Based on 1,924 recorded sales of single family properties in Kitchener over the last 12 months.
Location
Mortgage Calculator
$79,800
Estimated Monthly Payment
$1,960
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $1,960/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $100/mo
Estimates only. Consult a financial advisor.
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