32 Herlan Ave
Kitchener, N2G 4K3
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5 + 1
BEDROOMS3
BATHROOMS1
KITCHENS9 + 2
ROOMSX4243918
MLSIDContact Us
Property Description
Stunning Investment Opportunity In The Heart Of Bustling Downtown Kitchener! Registered As A Triplex Currently Being Used As Single Family. This Spacious, Stylish And Beautifully Renovated 6 Bedroom, 3 Full Bathroom Detached Home Is Currently Rented To 5 Awesome Community Minded Young Professionals. 3 Existing Separate Entrances And Kitchen-Ready Plumbing Available On The 2nd Floor. 2 Hydro Meters!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-06-22 | 2023-08-04 | 43 | $799,900 | $780,000 | Sold |
| 2023-06-22 | 2023-08-04 | 43 | $799,900 | $799,900 | Sold |
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Property Details
Street
City
Property Type
Triplex, 2 1/2 Storey
Approximate Sq.Ft.
1500-2000
Lot Size
40' x 166'
Acreage
< .50
Fronting
West
Taxes
$4,485 (2018)
Basement
Finished
Exterior
Brick Front
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| 4th Br | Main | 8.99' x 12.83' | |
| Dining | Main | 9.91' x 12.99' | |
| Kitchen | Main | 9.42' x 22.01' | |
| Living | Main | 12.66' x 15.26' | |
| Master | 2nd | 10.01' x 24.02' | |
| 2nd Br | 2nd | 8.99' x 12.01' | |
| 3rd Br | 2nd | 7.84' x 10.17' | |
| 5th Br | 3rd | 13.85' x 10.17' | |
| Loft | 3rd | 12.93' x 12.99' | |
| Br | Bsmt | 10.01' x 12.01' | |
| Laundry | Bsmt | 10.01' x 12.01' |
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Kitchener Market Statistics
Kitchener Price Trend
32 Herlan Ave is a 5-bedroom 3-bathroom home listed for sale at $599,900, which is $1,100,000 (64.7%) lower than the average sold price of $1,699,900 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 5 bedroom home in Kitchener increased by $539,900 (46.5%) compared to the previous 30 day period (February 25 - March 25) and up $700,000 (70.0%) from the same time one year ago.Inventory Change
There were 8 5-bedroom homes listed in Kitchener over the last 30 days (March 26 - April 24), which is up 60.0% compared with the previous 30 day period (February 25 - March 25) and up 166.7% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Kitchener typically sold $900 (0.1%) above asking price over the last 30 days (March 26 - April 24), which represents a $25,900 increase compared to the previous 30 day period (February 25 - March 25) and ($12,000) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 5-bedroom homes in Kitchener over the last 30 days (March 26 - April 24) stood at 62.5%, up from 60.0% over the previous 30 days (February 25 - March 25) and down from 200.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 3-bathroom home in Kitchener stood at 9 days when successfully sold over the last 30 days (March 26 - April 24), compared to 31 days before being removed from the market upon being suspended or terminated.Listing contracted with Comfree Commonsense Network, Brokerage
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