A Strong Duplex Investment in the Heart of Kitchener. Step into 698 King Street West, a versatile duplex offering two fully self contained units in a prime central location. Ideal for investors or buyers looking to offset living costs, this property delivers exceptional function, reliability, and long-term income potential. Recent updates including a new roof installed in 2024 and a fully renovated upper bathroom in 2025, adding modern style and comfort. Each unit features bright, inviting living spaces with well designed layouts whether for tenants, multi-generational living, or owner-occupancy. The location further elevates the opportunity, set just minutes from downtown Kitchener and within walking distance of transit, restaurants, Victoria Park, and major amenities. Offering two complete rental suites, recent major upgrades, outstanding rental appeal, and the advantage of a highly walkable and in-demand neighbourhood. 698 King Street West presents a smart and rewarding investment in the heart of the city. Book your private showing today.
4 bedrooms, 2 bathrooms, about 2,000 sq ft, works out to roughly $295 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 698 King St W
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
2000-2500 sq ftas stated on the listing
Parking
4 spaces
Basement
Full, Unfinished
Features & systems
Parking & garage
Parking spaces
4
Interior
Basement
Full · Unfinished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Detached
698 King St W 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
$2,898
/mo
based on the purchase price of $589,900
$117,980 cash
$471,920 financed
$397,481 total interest
Principal54%$471,920
Interest46%$397,481
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-bed homes for sale in Kitchener around $590K.
Average days on market29Homes sold in about 29 days on average.
Sale-to-list ratio101.3%On average, homes sold at or above asking.
Active listings767Homes for sale here right now.
Median vs prior 90 days−2.1%Compared with Apr 16 – Jul 15, 2026: prices down.
Based on 799 sales from Jul 15 – Oct 13, 2026 (538 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
698 King St W is listed at $589,900 (MLS® X13711996). Summitly updates the price as soon as the MLS® record changes.
Is $589,900 a good price for 698 King 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 698 King St W changed?
Yes — it was first listed at $625,000 and is now $589,900, a drop of $35,100 (5.6%).
How many bedrooms and bathrooms does 698 King St W have?
698 King St W has 4 bedrooms and 2 bathrooms, with about 2,000–2,500 square feet of living space. It is a detached home in Kitchener.
Is 698 King St W close to transit?
The nearest rapid-transit station is Central Station (ION), about 550 m (about a 7-minute walk) in a straight line. Grand River Hospital Station is about 590 m (about a 7-minute walk), and Kitchener GO 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 698 King St W?
About $2,898 a month — principal and interest on $589,900 with 20% down ($117,980), 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 698 King St W compare with other homes in Kitchener?
Its asking price of $589,900 is about 11% below the median sold price in Kitchener over the last 90 days, $666,000, across 799 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 698 King St W been sold before?
Summitly has no earlier MLS® sale or lease of 698 King St W on record from the last two years. Older records aren't shown under TRREB rules.
Where is 698 King St W?
698 King St W is in Kitchener, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 698 King St W been on the market?
49 days — 698 King St W was listed on August 25, 2026.
What is the price per square foot of 698 King St W?
About $236 to $295 per square foot: the asking price of $589,900 over the 2,000–2,500 sq ft the listing gives as its size range.
