263-265 Mill St is a 3-bedroom, 1-bathroom semi-detached home in Kitchener, listed for $1,235,000. It has 3500-5000 sq ft of living space.
1Rare investment/development opportunity near Downtown Kitchener. 263 & 265 Mill St are semi-detached properties under the same ownership on a generous 71.25' x 259.42' lot with a detached double garage.
2Convenient location close to downtown amenities and transit.
Rare investment/development opportunity near Downtown Kitchener. 263 & 265 Mill St are semi-detached properties under the same ownership on a generous 71.25' x 259.42' lot with a detached double garage. Great potential for future multi-residential redevelopment, including stacked townhouses, subject to due diligence and approvals. Convenient location close to downtown amenities and transit.
3 bedrooms, 1 bathroom, about 3,500 sq ft, works out to roughly $353 per square foot. Chat with Zara if you'd like a deeper read on whether this semi-detached fits your budget and timing.
Inside 263-265 Mill St
Every detail from the listing, in one place.
Type
Semi-Detached
Style
2-Storey
Living space
3500-5000 sq ftas stated on the listing
Parking
8 spacesYes garage
Basement
Unfinished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
8
Interior
Basement
Unfinished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Semi-Detached
263-265 Mill St 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
$6,067
/mo
based on the purchase price of $1,235,000
$247,000 cash
$988,000 financed
$832,155 total interest
Principal54%$988,000
Interest46%$832,155
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.
Keep looking near 263-265 Mill St
Homes for sale in Kitchener
Every active Kitchener MLS® listing, updated all day.
Average days on market30Homes sold in about 30 days on average.
Sale-to-list ratio100.9%On average, homes sold at or above asking.
Active listings728Homes for sale here right now.
Median vs prior 90 days−1.0%Compared with May 10 – Aug 8, 2026: prices down.
Based on 718 sales from Aug 8 – Nov 6, 2026 (592 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
263-265 Mill St is listed at $1,235,000 (MLS® X13612806). Summitly updates the price as soon as the MLS® record changes.
Is $1,235,000 a good price for 263-265 Mill St?
Summitly rates it Excellent Deal: the asking price is 10% or more below 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 263-265 Mill St changed?
Yes — it was first listed at $1,300,000 and is now $1,235,000, a drop of $65,000 (5.0%).
How many bedrooms and bathrooms does 263-265 Mill St have?
263-265 Mill St has 3 bedrooms and 1 bathroom, with about 3,500–5,000 square feet of living space. It is a semi-detached home in Kitchener.
Is 263-265 Mill St close to transit?
The nearest rapid-transit station is Mill Station (ION), about 760 m (about a 9-minute walk) in a straight line. Kitchener Market Station is about 1.2 km (about a 14-minute walk), and Borden Station is about 1.2 km (about a 15-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 263-265 Mill St?
About $6,067 a month — principal and interest on $1,235,000 with 20% down ($247,000), 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 263-265 Mill St compare with other homes in Kitchener?
Its asking price of $1,235,000 is about 86% above the median sold price in Kitchener over the last 90 days, $665,000, across 718 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 263-265 Mill St been sold before?
Summitly has no earlier MLS® sale or lease of 263-265 Mill St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 263-265 Mill St?
263-265 Mill St is in Kitchener, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 263-265 Mill St been on the market?
101 days — 263-265 Mill St was listed on July 28, 2026.
What is the price per square foot of 263-265 Mill St?
About $247 to $353 per square foot: the asking price of $1,235,000 over the 3,500–5,000 sq ft the listing gives as its size range.
Does 263-265 Mill St have parking or a garage?
Yes — the listing gives 8 parking spaces. Garage: Yes.
