$1,379,000
Est. payment $6,106/moCalculate yours
498 Karn Street, Kitchener, ON N2M 2C1
Kitchener, ON N2M 2C1
- 5 + 2 Beds
- 6 Baths
- 1 Garage
- 2,500 Sq Ft
Listing courtesy of Red And White Realty Inc MLS® X13865420
About this home
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.
Property details
Overview
- Property Type
- Duplex
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Approximate Age
- 0-5
- Size
- 2,500 sqft
Interior
- Bedrooms
- 5 + 2
- Bathrooms
- 6
- Kitchens
- 3
- Basement
- Finished, Apartment
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 33.5 x 136 Feet
- Parking
- Attached garage · 6 total
- Zoning
- Res-4
Financial
- Property Taxes
- $8,731 (2026)
Location
- Cross Street
- Westmount and Karn
- Direction Faces
- North
Listing
- MLS® Number
- X13865420
- Days on Market
- 12
- Listed On
- 2026-10-06
- Possession
- flexible
- Listed By
- Red And White Realty Inc
Rooms
Features
Interior
- Primary Bedroom - Main Floor
- In-Law Suite
- Storage
Pool
- None
- Included
- Refrigerators x3, stove x3 dishwasher x3, washer & dryer x3, garage door opener
- Excluded
- tenant belongings
Mortgage calculator
Estimated mortgage payment
$6,106 per month
- Principal and interest
- $6,106
- Property tax
- $728
- Condo fees
- $0
- Estimated monthly cost
- $6,834
Your mortgage
- Mortgage amount
- $1,103,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $728,574
Cash to close
- Down payment
- $275,800
- Land transfer tax
- $24,055
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $299,855
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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