Five-bedroom house with party pit on Union Street, Kitchener

Property details for 1159 Union Street, Kitchener

Type: Residential
Style: Other
Bedrooms: 5
Bathrooms: 3
Living Area: 2,332 square feet
Stories: 1.5
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Aluminum siding
Ownership: Freehold
Annual Taxes: $3,529

This 1948 two-storey on Union Street has five bedrooms and three baths across 2,332 square feet, but the real showstopper is the backyard. There's a sunken 'Party Pit' area for hanging out, plus a big fenced lot (47x120 feet) with a shed. The main floor has a bedroom and full bath, so guests or multi-gen living is easy. Upstairs, two more bedrooms, including a primary with a 12'3x14'5 layout. Basement is fully finished with its own entrance, adding two more bedrooms and a kitchenette setup. You'll get parking for 7 cars on the extended driveway. Recent updates? No word, but it's got central air and forced air gas heating. Taxes run about $3,529 annually. It's just over a kilometre to Bluevale Collegiate, and downtown Kitchener is under 2 kilometres away. Priced at $599,900, which undercuts the median sale price of $654,950 for the area. A solid investment flip or family home, depending on your style. Just be ready to put in some sweat equity if you want modern finishes.

About 1159 Union Street, Kitchener — Property Score

Strong Investment Well Priced Spacious

Score: 72/100

Value

Priced 30.8% below area median of $867,000 based on 104 comparable properties nearby 100

$257/sqft - 33.6% below the $387/sqft area median 100

Stable pricing - no price changes since original listing date 50

Size

2,332 sqft - 34% more space than similarly priced homes (1,745 sqft median) 87

5 bedrooms - 2 more than similarly priced 3-bedroom homes nearby 84

3 bathrooms - 1 more than similarly priced properties nearby 72

Location

$42K median household income - below the Canadian average of $70K 51

70% of residents hold postsecondary credentials - a highly educated neighbourhood 80

44% homeownership rate - a renter-majority neighbourhood 61

82% of residents commute under 30 minutes - excellent commuter accessibility 95

109/km² population density - a rural or semi-rural setting 55

Market

Just listed - area average is 39 days on market 100

+2.2% median price change over 1 month - stable pricing in the area 61

33.6 months of housing supply - 604 active listings with 18 sold last month (buyer's market) 40

Features

7-car parking - more than the area average of 4.4 spots 95

Finished, Full basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

Built in 1948 (78 years old) - established home with character, older than the area average (1977) 35

No premium extras like pool, waterfront, or view 50

Investment

0.59% effective tax rate ($3,529/yr) - very low tax burden 82

58% renter population - strong rental demand in this area 99

Quality

Condition

Listing

42 photos provided - 8% more than the area average of 39 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.