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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® X13829556For SaleTriplex

115 Victoria St

Kitchener, Ontario N2H 5C3

Map
1 / 49
115 Victoria St, Kitchener, photo 1
Asking$1,425,000
Bedrooms
3
Bathrooms
3
Size
1,100–1,500sq ft
Per sq ft
$1,096at the range’s middle
Lot
62.5 x 79.96 ft
Tax a year
$3,9072026 tax year
Parking
22 none
Days on market
Members

The brief

About 115 Victoria St

115 Victoria St is a 3-bedroom, 3-bathroom triplex in Kitchener, listed for sale at an asking price of $1,425,000 (MLS® X13829556).

Prime development site in downtown Kitchener's Central Station, directly on Victoria Street North between King Street West and Weber Street West - the corridor anchoring the Kitchener Central Transit Hub. The site sits within the Urban Growth Centre and Mixed Use Corridor designation, with as-of-right zoning supporting high-density mixed-use development. The MTSA framework targets 160 people and jobs per hectare, and the area is already seeing proposals ranging from 25 to 42 storeys. The Kitchener Central Transit Hub - connecting ION light rail, GO Transit, VIA Rail, and Grand River Transit - is under construction with substantial completion targeted for 2030. Victoria Street is being reconfigured with transit priority lanes, separated cycling, and wider sidewalks, with construction beginning in 2027.This is a rare opportunity to assemble or hold land in a transit-oriented corridor before the hub opens and the surrounding density vision is realized. *Some images have been ai enhanced to show boundaries, opportunity and ideas.

Insights

  • Condition Score

    Good

    6 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$4,328/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 95 homes with 3 bedrooms for lease in Kitchener right now. Cost of owning counts the mortgage and property tax.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$3,907 / 2026
MLS® number
X13829556
Board
TRREB MLS®
Property Type
Triplex
Days on market
Size
1100-1500 sqft
Lot Size
62.5 x 79.96 ft
Listed on
Parking
2 None, 2 Parking
Listing brokerage: EXP REALTYData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Triplex
Style
2-Storey
Municipality
Kitchener

Building

Size
1100-1500 sqft
Construction
Brick

Inside

Bedrooms
3
Bathrooms
3
Bathroom Details
2 × 3pc Main, 1 × 3pc 2nd
Basement Type
Unfinished
Kitchens
3

Parking

Driveway
Private
Garage Type
None
Garage
2
Additional Parking
0
Total Parking
2

Utilities

Water
Municipal
Cooling
None
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
62.5 ft
Depth
79.96 ft
Lot Size
62.5 x 79.96 ft

Additional

Foundation
Stone
Roof
Asphalt Shingle
Fireplace
No
Pool
None
Den
No
Family room
No

Rooms

RoomSizeFeaturesLevel
Living3.66 × 3.05 mhardwood floor, WindowMain
Kitchen2.44 × 1.22 mGalley KitchenMain
Bathroom1.52 × 1.22 m3 Pc BathMain
2nd Br3.96 × 3.66 m—Main
Kitchen2.74 × 2.74 m—Main
Bathroom1.52 × 1.22 m—Main
3rd Br2.44 × 10.0 m—2nd
Living3.05 × 3.05 m—2nd
Bathroom1.22 × 1.22 m—2nd

Listing history

Buy/sell history for 115 Victoria St, Kitchener, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$1,425,000N/AFor SaleX13829556

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $285,000

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$285,000
Total mortgage amount
$1,140,000
Total interest payment
$810,600
Total purchase cost
$2,235,600
Mortgage payment
$6,502/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

73%

Monthly carrying cost

$6,828
−$4,328per month
  • Rent $2,500
  • Shortfall $4,328

Rental income opens at $2,500, the median asking rent of 95 comparable homes for lease in Kitchener. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$24,975
Total land transfer tax
$24,975
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$20,975
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $1,425,000
$20,500
Ontario total
$24,975

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Lot

Lot area
4,998 sq ft464 m²
Street frontage
62.5 ft19 m
Depth
79.96 ft24.4 m
62.5 × 79.96 ftVICTORIA ST

The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.

Source: the MLS® listing record, measured by MPAC.

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

14 records · 9 on fileRead 2026-11-05
250 m500 m1 km2 kmBeyond · area-wideNo mapped wetland within 120 mNo water-supply well recorded within 250 mGroundwater recorded about 5.8 m below ground nearbyOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasNearest airport: 7.5 kmNearest rail line: 100 mA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 m1 facility within 1 km reports pollutant releases to Environment Canada1 federal contaminated site within 1 kmElectricity is distributed here by Enova Power Corp.Wired internet 50/10 Mbps or faster is listed at a household 30 m awayAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation3

  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m70 test or monitoring holes also recorded.250 m
  • Groundwater recorded about 5.8 m below ground nearbyThe middle water level in the well records within 500 m (329 records). It changes with the season and from spot to spot.500 m

Province of Ontario open data

Planning and building activity2

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • Nearest airport: 7.5 km7.5 km

Province of Ontario open data

Around the home2

  • Nearest rail line: 100 m100 m
  • A trail on the Ontario trail network within 1 km1 km

Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Krug Furniture Inc. — Seating, 180 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
  • 1 federal contaminated site within 1 kmAll of them are closed. The federal inventory covers federal land only, not provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Enova Power Corp.At the address
  • Wired internet 50/10 Mbps or faster is listed at a household 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.30 m
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Netflash Internet Solutions, Rogers, Vianet, Waterloo Wireless, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Grand River Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.

The market

Multiplexes for sale in Kitchener right now

For sale now
12
Median asking price
$925K

Middle half: $830K to $1.11M

New in 7 days
0

2 in 28 days

Price cuts
33%

4 listings

This home is asking 54% above the median, higher than three quarters of them.

See all homes in Kitchener

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Map and tour

Transit nearby

StationLinesDistance
Kitchener GOGO Transit train: Kitchener100 m
Kitchener City HallGRT light rail: ION light rail350 m
Victoria ParkGRT light rail: ION light rail500 m
Central Station - Innovation DistrictGRT light rail: ION light rail500 m
FrederickGRT light rail: ION light rail750 m

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; GRT ION stops map layer from the Region of Waterloo under the Region of Waterloo Open Data Licence, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Contains information provided by the Regional Municipality of Waterloo under licence.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Suddaby Public SchoolWaterloo Region DSBPublic · grades JK–6 · French Immersion900 m79%Grade 6 average
King Edward Public SchoolWaterloo Region DSBPublic · grades JK–61 km61%Grade 6 average
St John Catholic Elementary SchoolWaterloo CDSBCatholic · grades JK–81.5 km56%Grade 6 average
École élémentaire L'HarmonieConseil scolaire ViamondeFrench-language public · grades JK–82.2 km84%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Kitchener Waterloo Collegiate and Vocational SchoolWaterloo Region DSBPublic · grades 9–12 · French Immersion1.3 km73%Grade 9 math
Cameron Heights Collegiate InstituteWaterloo Region DSBPublic · grades 9–121.4 km74%Grade 9 math
St David Catholic Secondary SchoolWaterloo CDSBCatholic · grades 9–12 · French Immersion4.3 km67%Grade 9 math
École secondaire David Saint-JacquesConseil scolaire ViamondeFrench-language public · grades 9–126.9 km70%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

Similar Active Listings

Recently sold nearby

Sold prices in Kitchener are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record