381 Victoria Street, Kitchener

Price: $449,900

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13868102

CHARACTER & VERSATILITY! Welcome to this 3-bedroom, 2-full-bath home ideally situated in a central location close to shopping, the downtown core, parks, public transit, and offering easy access to the expressway. Brimming with potential, this home combines timeless charm with important modern updates, including an updated furnace, plumbing, and electrical. The spacious layout offers plenty of flexibility for families, first-time buyers, or investors, with excellent duplex potential for those looking to add value or create a two-unit income property. A detached single-car garage provides convenient parking and additional storage. With its desirable location, versatile floor plan, and significant updates already completed, this property presents an exciting opportunity to own a character home with both lifestyle appeal and investment potential. Close to everything you need while offering the convenience of easy commuting-this is one you won't want to miss!

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active
New Listing
1/23

$449,900 - 381 Victoria Street, Kitchener

Detached for Sale in Kitchener

New — Listed yesterday
3Beds
2Baths
1,100 - 1,499Sq Ft
Detached

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Book a private showing with Joe — pick a day and time that works for you.

Property Details
MLS Number
X13868102
Property Type
Detached
Status
active
Days on Site
1
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Kitchener
Taxes (2026)
$3,726
Listing Brokerage
PSR
Description

CHARACTER & VERSATILITY! Welcome to this 3-bedroom, 2-full-bath home ideally situated in a central location close to shopping, the downtown core, parks, public transit, and offering easy access to the expressway. Brimming with potential, this home combines timeless charm with important modern updates, including an updated furnace, plumbing, and electrical. The spacious layout offers plenty of flexibility for families, first-time buyers, or investors, with excellent duplex potential for those looking to add value or create a two-unit income property. A detached single-car garage provides convenient parking and additional storage. With its desirable location, versatile floor plan, and significant updates already completed, this property presents an exciting opportunity to own a character home with both lifestyle appeal and investment potential. Close to everything you need while offering the convenience of easy commuting-this is one you won't want to miss!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,308.22/mo

Includes CMHC insurance ($12,552)

$
$
5%10%50%

5-yr fixed avg.

Principal: $404,910Interest: $275,004
Mortgage Amount$417,462
Total Interest$275,004
Est. Property Tax$319/mo
Total Cost$692,466

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Kitchener

Discover Kitchener

Kitchener is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Kitchener

  • •Convenient location in Kitchener
  • •Access to local shops and dining
  • •Good public transit connections
  • •Community parks and green spaces
  • •Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • •MiWay bus routes throughout the area
  • •GO Transit stations within driving distance
  • •Easy highway access to 401/403/QEW
  • •Walking distance to local amenities

Parks & Amenities

  • •Local parks and recreational facilities
  • •Community centres
  • •Shopping plazas nearby
  • •Restaurants and cafes

Lifestyle & Community

Kitchener offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

381 Victoria Street, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
6.4%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$319
Insurance (est.)-$94
Net Cash Flow+$2,387

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $409/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Kitchener's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Detached Home Advantages

Detached homes in Kitchener are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    381 Victoria Street, Kitchener | $449,900 | Battaglia Team