THE UNICORN! Purpose Built Duplex! 100% Vacant possession! Stop fighting old leases and inherited tenants. 253 Sydney St S is a solid brick, purpose-built Legal Duplex offering the ultimate "Blank Slate" in Kitchener's desirable Rockway neighborhood. Set your own market rents from Day 1. Perfect for Investors, House-Hackers, or Multi-Generational families. Unit breakdown: * main unit: vacant. 2 + 1 Bed, 2 Bath with Rec Room. Convenient backyard, in-suite laundry, and a 1-car garage. UPPER UNIT: Vacant. 2-Bed, 1-Bath. Features in-suite laundry and dedicated carport parking. INVESTORS: Run your own tenant selection and maximize your Cap Rate immediately. HOUSE-HACKERS: Live in one unit and let the other unit pay your mortgage! MULTI-GENERATIONAL: Separate kitchens, separate laundry, and separate entrances-keep the family close with total privacy across two spacious units. THE LOCATION: Commuter's dream. Minutes to Hwy 7/8 Expressway, the LRT, Rockway Golf Course, and Downtown Kitchener's Tech Hub. Separately metered Hydro between the Upper and Main units. Gas/Water shared on a single meter. Purpose-built multi-unit properties with FULL VACANT POSSESSION are incredibly rare. Why wait for the next opportunity while the unicorn is right here!
4 bedrooms, 3 bathrooms, about 1,100 sq ft, works out to roughly $681 per square foot. Chat with Zara if you'd like a deeper read on whether this duplex fits your budget and timing.
Inside 253 Sydney St S
Every detail from the listing, in one place.
Type
Duplex
Style
2-Storey
Living space
1100-1500 sq ftas stated on the listing
Parking
2 spacesYes garage
Basement
Full, Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
2
Interior
Basement
Full · Finished
Lot & land
Lot size (sqft)
2659
Listing & possession
Property style
2-Storey
Property class
Duplex
253 Sydney St S Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,679
/mo
based on the purchase price of $748,888
$149,778 cash
$599,110 financed
$504,608 total interest
Principal54%$599,110
Interest46%$504,608
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Kitchener
Other 3–4 bed homes for sale in Kitchener around $749K.
Average days on market30Homes sold in about 30 days on average.
Sale-to-list ratio101.0%On average, homes sold at or above asking.
Active listings789Homes for sale here right now.
Median vs prior 90 days−2.6%Compared with Apr 24 – Jul 23, 2026: prices down.
Based on 756 sales from Jul 23 – Oct 21, 2026 (571 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
253 Sydney St S is listed at $748,888 (MLS® X12846268). Summitly updates the price as soon as the MLS® record changes.
Is $748,888 a good price for 253 Sydney St S?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Kitchener. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 253 Sydney St S changed?
Yes — it was first listed at $775,000 and is now $748,888, a drop of $26,112 (3.4%).
How many bedrooms and bathrooms does 253 Sydney St S have?
253 Sydney St S has 4 bedrooms and 3 bathrooms, with about 1,100–1,500 square feet of living space. It is a duplex in Kitchener.
Is 253 Sydney St S close to transit?
The nearest rapid-transit station is Mill Station (ION), about 310 m (about a 4-minute walk) in a straight line. Borden Station is about 760 m (about a 9-minute walk), and Kitchener Market Station is about 1.4 km (about a 17-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 253 Sydney St S?
About $3,679 a month — principal and interest on $748,888 with 20% down ($149,778), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 253 Sydney St S compare with other homes in Kitchener?
Its asking price of $748,888 is about 13% above the median sold price in Kitchener over the last 90 days, $662,500, across 756 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 253 Sydney St S been sold before?
Summitly has no earlier MLS® sale or lease of 253 Sydney St S on record from the last two years. Older records aren't shown under TRREB rules.
Where is 253 Sydney St S?
253 Sydney St S is in Kitchener, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 253 Sydney St S been on the market?
231 days — 253 Sydney St S was listed on March 4, 2026.
What is the price per square foot of 253 Sydney St S?
About $499 to $681 per square foot: the asking price of $748,888 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 253 Sydney St S have parking or a garage?
Yes — the listing gives 2 parking spaces. Garage: Yes.
