Investors, Flippers & Families! Rare Midtown Corner Lot with massive potential available for the first time in 40+ years! This 1902 detachedhome sits on a premium 40' x 119' corner lot in a rapidly appreciating Midtown pocket near DTK, transit, and the Spur Line Trail. Surrounded by$1M+ redevelopments, this property offers ultimate flexibility for a high-end family renovation or a high-yield investment project. The existing 2-bed, 1.5-bath character home features great bones and excellent holding value. Major mechanical updates offer immediate peace of mind,including a furnace replaced in 2025 and a newer main roof from 2020. Move in, rent out, or renovate while finalizing your permits. The highdensity RES-5 zoning and dual street exposure are perfectly primed for intensification under Kitchener's "Growing Together" framework.Capitalize on the corner configuration for separate unit entrances and streamlined parking logistics to build cluster townhouses, a multi-unitconversion, or an accessory dwelling. Best of all, leverage the "10 unit threshold" for an expedited Zoning Certificate process, bypassing complexsite plans. Whether you want to restore a piece of history or build a multi-unit legacy project, this prime piece of Midtown's future is a must-see!
2 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $428 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 427 Duke St W
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
700-1100 sq ftas stated on the listing
Parking
4 spacesYes garage
Basement
Unfinished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
4
Interior
Basement
Unfinished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Detached
427 Duke St W Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14105004$299,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 427 Duke St W Compares to the Kitchener Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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
$1,473
/mo
based on the purchase price of $299,900
$59,980 cash
$239,920 financed
$202,076 total interest
Principal54%$239,920
Interest46%$202,076
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-bed homes for sale in Kitchener around $300K.
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 listings779Homes for sale here right now.
Median vs prior 90 days−2.2%Compared with Apr 25 – Jul 24, 2026: prices down.
Based on 743 sales from Jul 24 – Oct 22, 2026 (573 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
427 Duke St W is listed at $299,900 (MLS® X14105004). Summitly updates the price as soon as the MLS® record changes.
Is $299,900 a good price for 427 Duke St W?
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 427 Duke St W changed?
No — 427 Duke St W is still listed at its original asking price of $299,900.
How many bedrooms and bathrooms does 427 Duke St W have?
427 Duke St W has 2 bedrooms and 1 bathroom, with about 700–1,100 square feet of living space. It is a detached home in Kitchener.
Is 427 Duke St W close to transit?
The nearest rapid-transit station is Kitchener GO Station (Kitchener GO), about 580 m (about a 7-minute walk) in a straight line. Central Station is about 590 m (about a 7-minute walk), and Kitchener City Hall Station is about 970 m (about a 12-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 427 Duke St W?
About $1,473 a month — principal and interest on $299,900 with 20% down ($59,980), 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 427 Duke St W compare with other homes in Kitchener?
Its asking price of $299,900 is about 55% below the median sold price in Kitchener over the last 90 days, $665,000, across 743 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 427 Duke St W been sold before?
Summitly has no earlier MLS® sale or lease of 427 Duke St W on record from the last two years. Older records aren't shown under TRREB rules.
Where is 427 Duke St W?
427 Duke St W is in Kitchener, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 427 Duke St W been on the market?
1 day — 427 Duke St W was listed on October 21, 2026.
What is the price per square foot of 427 Duke St W?
About $273 to $428 per square foot: the asking price of $299,900 over the 700–1,100 sq ft the listing gives as its size range.
Does 427 Duke St W have parking or a garage?
Yes — the listing gives 4 parking spaces. Garage: Yes.
