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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® X13865420For SaleDuplex

498 Karn St

Kitchener, Ontario N2M 2C1

1 / 23
498 Karn St, Kitchener, photo 1
Asking$1,379,000
Bedrooms
5+2
Bathrooms
6
Size
2,500–3,000sq ft
Per sq ft
$501at the range’s middle
Lot
33.5 x 136 ft
Tax a year
$8,7312026 tax year
Built
0-5
Parking
61 attached
Days on market
Members

The brief

About 498 Karn St

498 Karn St is a 5+2-bedroom, 6-bathroom duplex in Kitchener, listed for sale at an asking price of $1,379,000 (MLS® X13865420).

Duplex PLUS an In-Law Suite! Own a large custom-built duplex plus a separate 2-bedroom in-law suite, offering nearly 4,000 sq. ft. of finished living space across three levels. Thoughtfully designed for multi-generational living, extended family, or investors looking for multiple income streams. The property features three distinct living spaces, including a 1,539 sq. ft. 3-bedroom unit and two 2-bedroom living spaces measuring approximately 1,162 sq. ft. and 1,284 sq. ft. The 1,284 sq. ft. lower-level in-law suite has its own separate side entrance and will be vacant on closing.All three units feature 9-ft ceilings, two full bathrooms, dedicated laundry, large windows, quartz countertops and backsplashes, and their own primary bedroom with ensuite bathroom and walk-in closet. Each unit is separately metered for gas, hydro and water, providing straightforward utility management.Quality construction and materials are evident throughout, including Safe'n'Sound acoustic insulation between units for improved sound separation. Large windows bring plenty of natural light into all levels, including the lower-level suite. All appliances are included.Outside, enjoy two large decks and parking for six vehicles. There is also no rented equipment to assume.Whether you're looking for a multi-generational home with rental income, a property with strong investment potential, or a turnkey multi-unit rental, this is a substantial, purpose-built property designed with functionality, privacy and long-term durability in mind.

Insights

  • Condition Score

    Good

    1 documented update signal

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

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$8,731 / 2026
MLS® number
X13865420
Board
TRREB MLS®
Property Type
Duplex
Building Age
0-5
Days on market
Size
2500-3000 sqft
Lot Size
33.5 x 136 ft
Listed on
Parking
1 Attached, 6 Parking
Listing brokerage: Red And White Realty IncData 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
Duplex
Style
2-Storey
Municipality
Kitchener

Building

Size
2500-3000 sqft
Building Age
0-5
Construction
Brick

Inside

Bedrooms
5+2
Bathrooms
6
Bathroom Details
1 × 4pc 2nd, 1 × 5pc 2nd, 1 × 4pc Main, 1 × 5pc Main, 2 × 4pc Bsmt
Basement Type
Finished
Kitchens
2

Parking

Garage Type
Attached
Garage
1
Additional Parking
5
Total Parking
6

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
33.5 ft
Depth
136 ft
Lot Size
33.5 x 136 ft

Additional

Foundation
Concrete
Roof
Asphalt Shingle
Fireplace
No
Pool
None
Den
No
Family room
No
Extras
Refrigerators x3, stove x3 dishwasher x3, washer & dryer x3, garage door opener

Rooms

RoomSizeFeaturesLevel
Living4.11 × 4.27 mOpen Concept, Balcony2nd
Kitchen2.92 × 4.11 m—2nd
Primary3.15 × 3.86 m4 Pc Ensuite2nd
Bathroom1.52 × 3.43 m4 Pc Ensuite2nd
Br2.26 × 3.35 m—2nd
Bathroom3.15 × 3.86 m5 Pc Ensuite2nd
2nd Br3.35 × 4.17 m—2nd
Laundry1.83 × 1.83 m—2nd
Living4.11 × 4.27 m—Main
Kitchen2.92 × 4.11 m—Main
Primary3.1 × 3.66 m—Main
Bathroom1.52 × 3.35 m4 Pc EnsuiteMain
Br2.29 × 3.35 m—Main
Bathroom1.52 × 3.35 m5 Pc BathMain
Laundry1.63 × 1.65 m—Main
Primary3.1 × 3.68 m—Bsmt
Kitchen3.94 × 6.38 m—Bsmt
Bathroom1.52 × 3.35 m4 Pc EnsuiteBsmt
Br2.03 × 3.4 m—Bsmt
Bathroom1.52 × 3.35 m5 Pc BathBsmt
Laundry1.6 × 1.7 m—Bsmt

Listing history

Buy/sell history for 498 Karn 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$1,379,000N/AFor SaleX13865420

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

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $275,800

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
$275,800
Total mortgage amount
$1,103,200
Total interest payment
$784,400
Total purchase cost
$2,163,400
Mortgage payment
$6,292/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

—

Monthly carrying cost

$7,020
−$7,020per month
  • Rent $0
  • Shortfall $7,020

Rental income starts at $0: enter the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$24,055
Total land transfer tax
$24,055
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$20,055
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 $1,379,000
$19,580
Ontario total
$24,055

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
4,556 sq ft423 m²
Street frontage
33.5 ft10.2 m
Depth
136 ft41.5 m
33.5 × 136 ftKARN 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.

13 records · 6 on fileRead 2026-11-05
250 m500 m1 km2 kmBeyond · area-wideNo mapped wetland within 120 mNo water-supply well recorded within 250 mOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasNearest airport: 10.0 kmNearest rail line: 380 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 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Enova Power Corp.Wired internet 50/10 Mbps or faster is listed at this locationAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation2

  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m3 test or monitoring holes also recorded.250 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: 10.0 km10 km

Province of Ontario open data

Around the home2

  • Nearest rail line: 380 m380 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
  • No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is AirBoss of America Corp. — RUBBER SOLUTIONS DIVISION, 1.3 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about 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 this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
  • 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
18
Median asking price
$739K

Middle half: $642K to $900K

New in 7 days
1

5 in 28 days

Price cuts
33%

6 listings

This home is asking 87% 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

Transit nearby

StationLinesDistance
Grand River HospitalGRT light rail: ION light rail1.8 km
AllenGRT light rail: ION light rail1.9 km
Central Station - Innovation DistrictGRT light rail: ION light rail2.1 km
Willis WayGRT light rail: ION light rail2.2 km
Kitchener GOGO Transit train: Kitchener2.7 km

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
Hillside Public SchoolWaterloo Region DSBPublic · grades JK–8100 m57%Grade 6 average
Westmount Public SchoolWaterloo Region DSBPublic · grades JK–6 · French Immersion800 m73%Grade 6 average
St John Catholic Elementary SchoolWaterloo CDSBCatholic · grades JK–81.2 km56%Grade 6 average
École élémentaire L'HarmonieConseil scolaire ViamondeFrench-language public · grades JK–83.4 km84%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Kitchener Waterloo Collegiate and Vocational SchoolWaterloo Region DSBPublic · grades 9–12 · French Immersion1.7 km73%Grade 9 math
Forest Heights Collegiate InstituteWaterloo Region DSBPublic · grades 9–121.9 km48%Grade 9 math
Resurrection Catholic Secondary SchoolWaterloo CDSBCatholic · grades 9–122.1 km57%Grade 9 math
École secondaire David Saint-JacquesConseil scolaire ViamondeFrench-language public · grades 9–128.7 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

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Email Kassaundra Dobson, Broker of Record