A unique investment and land-hold opportunity featuring a detached home on a rare extra-deep 156 ft lot. The property offers the ability to enjoy or rent the existing residence while benefiting from potential longer-term redevelopment or intensification opportunities. The 1.5-storey home offers approximately 1,040 sq. ft. above grade plus approximately 640 sq. ft. of finished basement space. The main floor features one bedroom, with two additional rooms on the second floor. A substantial 24.5 ft x 24.5 ft detached garage (inside measurements, built in 1987) provides excellent additional storage or workspace. Recent improvements include a furnace updated in 2019 and a blue steel roof installed in 2018. The property is currently zoned EMP-1 and is situated within a transitioning corridor experiencing redevelopment activity and nearby planning applications, providing potential longer-term upside for an investor or owner willing to explore future use possibilities. Conveniently located near major arterial roads, transit routes and amenities. An excellent opportunity for an owner-occupier, investor or land-hold purchaser seeking a property with an existing residence and future potential. Property is being sold "as is."
3 bedrooms, 2 bathrooms, about 700 sq ft, works out to roughly $757 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 284 Lawrence Ave
Every detail from the listing, in one place.
Type
Detached
Style
1 1/2 Storey
Living space
700-1100 sq ftas stated on the listing
Parking
6 spacesYes garage
Basement
Full
Features & systems
Parking & garage
Garage
Yes
Parking spaces
6
Interior
Basement
Full
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
1 1/2 Storey
Property class
Detached
284 Lawrence Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14110176$530,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 284 Lawrence Ave Compares to the Kitchener Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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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
$2,604
/mo
based on the purchase price of $530,000
$106,000 cash
$424,000 financed
$357,119 total interest
Principal54%$424,000
Interest46%$357,119
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 2–4 bed homes for sale in Kitchener around $530K.
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 listings778Homes for sale here right now.
Median vs prior 90 days−2.4%Compared with Apr 26 – Jul 25, 2026: prices down.
Based on 735 sales from Jul 25 – Oct 23, 2026 (574 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
284 Lawrence Ave is listed at $530,000 (MLS® X14110176). Summitly updates the price as soon as the MLS® record changes.
Is $530,000 a good price for 284 Lawrence Ave?
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 284 Lawrence Ave changed?
No — 284 Lawrence Ave is still listed at its original asking price of $530,000.
How many bedrooms and bathrooms does 284 Lawrence Ave have?
284 Lawrence Ave has 3 bedrooms and 2 bathrooms, with about 700–1,100 square feet of living space. It is a detached home in Kitchener.
Is 284 Lawrence Ave close to transit?
The nearest rapid-transit station is Central Station (ION), about 1.7 km (about a 22-minute walk) in a straight line. Grand River Hospital Station is about 1.8 km (about a 22-minute walk), and Victoria Park Station is about 1.8 km (about a 23-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 284 Lawrence Ave?
About $2,604 a month — principal and interest on $530,000 with 20% down ($106,000), 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 284 Lawrence Ave compare with other homes in Kitchener?
Its asking price of $530,000 is about 20% below the median sold price in Kitchener over the last 90 days, $663,500, across 735 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 284 Lawrence Ave been sold before?
Summitly has no earlier MLS® sale or lease of 284 Lawrence Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 284 Lawrence Ave?
284 Lawrence Ave is in Kitchener, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 284 Lawrence Ave been on the market?
284 Lawrence Ave was listed today (October 23, 2026).
What is the price per square foot of 284 Lawrence Ave?
About $482 to $757 per square foot: the asking price of $530,000 over the 700–1,100 sq ft the listing gives as its size range.
Does 284 Lawrence Ave have parking or a garage?
Yes — the listing gives 6 parking spaces. Garage: Yes.
