Brick bungalow with 132-foot yard near Fairview Park Mall

Property details for 209 Franklin Street S, Kitchener

Type: Residential
Style: Bungalow
Bedrooms: 3
Bathrooms: 1
Living Area: 1,470 square feet
Stories: 1
Basement: Partially finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick
Ownership: Freehold
Annual Taxes: $3,582

This solid brick bungalow on a deep 52' x 132' lot in Fairview/Kingsdale has a backyard that's the real showstopper. Mature trees, a big lawn, patio, and a storage shed give you plenty of room for summer BBQs or a kids' play area. Inside, you get 3 bedrooms and a 4-piece bath on the main floor, all with hardwood in the bedrooms. A living room is bright thanks to a large front window. The kitchen is a bit dated and compact at 7'5'' x 11'1'', but there's a breakfast area adjacent that opens up the space. The full basement has a separate entrance and a rec room that runs 35 feet long, plus laundry and utility areas, so there's room to finish more if you need it. Parking for 4 cars on the private driveway. You're just 1.3 km from Fairview Park Mall and less than 2 km from several schools, including Rockway Mennonite Collegiate. Transit is close with Fairway Station and ION LRT nearby, and Highway 7/8 is a quick drive. Priced at $600,000, which lines up with the median for the area, and with only 11 active listings nearby, it's a competitive spot. Tax is $3,582 a year. Worth a look if you want a bungalow with real outdoor space and room to add your own touches.

About 209 Franklin Street S, Kitchener — Property Score

Strong Investment Great Location Feature Rich

Score: 69/100

Value

Priced 10.3% below area median of $669,000 based on 95 comparable properties nearby 85

$408/sqft - 4.9% below the $429/sqft area median 77

Stable pricing - no price changes since original listing date 50

Size

1,470 sqft - 16% less space than similarly priced homes (1,747 sqft median) 47

3 bedrooms - typical for similarly priced homes 60

1 bathroom - 1 fewer than similarly priced properties nearby 48

Location

$58K median household income - below the Canadian average of $70K 59

81% of residents hold postsecondary credentials - a highly educated neighbourhood 89

53% homeownership rate - a balanced mix of owners and renters 67

85% of residents commute under 30 minutes - excellent commuter accessibility 98

3,687/km² population density - a well-balanced suburban area 93

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

4-car parking - area average is 4.4 spots 95

Partially finished, Full basement - potential for additional finished space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

No premium extras like pool, waterfront, or view 50

Investment

0.6% effective tax rate ($3,582/yr) - very low tax burden 82

47% renter population - moderate rental market 87

Quality

Condition

Listing

35 photos provided - below the area average of 39 photos 92

5 of 7 key property details provided (71%) - good detail coverage 76

* 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.