0.79 Acres with RES-5 Zoning in Downtown Kitchener

Property details for 272 Sheldon Avenue N, Kitchener

Type: Residential
Style: Other
Bedrooms: 3
Bathrooms: 3
Living Area: 1,862 square feet
Lot Size: 0.79
Stories: 2
Basement: Finished, Full
Parking: Attached Garage
Heating: Natural gas, Other
Cooling: None
Exterior: Brick
Ownership: Freehold
Annual Taxes: $5,250

This 2-storey brick house sits on a massive 0.79-acre lot with RES-5 zoning, so you've got room to expand or redevelop. Inside, it's 1,862 square feet with 3 beds and 3 baths. The main floor has a family room, dining room, and a kitchen with newer appliances. Upstairs, the primary bedroom is 19' by 11' with a 4pc bath nearby. The finished basement adds a rec room, two dens, and a laundry room. Parking's easy with an attached garage and space for 8 cars total. The backyard is huge, and it's on a quiet cul-de-sac. You're minutes from Eastwood Collegiate and the Aud, plus downtown Kitchener is just down the road. Priced at $2.49M, well above the nearby median, but you're paying for the land and location. Property taxes run about $5,250 a year.

About 272 Sheldon Avenue N, Kitchener — Property Score

Great Location

Score: 57/100

Value

Priced 255.8% above area median of $699,900 based on 138 comparable properties nearby 1

$1,337/sqft - 241.9% above the $391/sqft area median 1

Stable pricing - no price changes since original listing date 50

Size

1,862 sqft - 61% less space than similarly priced homes (4,752 sqft median) 11

3 bedrooms - 2 fewer than similarly priced 5-bedroom homes nearby 36

3 bathrooms - 2 fewer than similarly priced properties nearby 36

34,412 sqft lot - an oversized lot for the area 90

Location

$68K median household income - near the Canadian average of $70K 64

83% of residents hold postsecondary credentials - a highly educated neighbourhood 91

78% homeownership rate - indicating a stable, owner-occupied community 84

70% of residents commute under 30 minutes - excellent commuter accessibility 86

2,026/km² population density - a well-balanced suburban area 90

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

8-car garage - more than the area average of 4.4 spots 95

Finished, Full basement - adds valuable living space 85

Natural gas, Other 60

None 30

Built in 1954 (72 years old) - established home with character, older than the area average (1977) 35

No premium extras like pool, waterfront, or view 50

Investment

0.21% effective tax rate ($5,250/yr) - very low tax burden 94

24% renter population - primarily owner-occupied area 59

Quality

Condition

Listing

48 photos provided - 23% more than the area average of 39 photos 92

7 of 7 key property details provided (100%) - comprehensive listing with excellent detail 95

* 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.