263-265 Mill Street

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$1,235,000

263-265 Mill Street

Kitchener · MLS® X13612806

318

House · Single Family · 88 days on market

listed by REX CHENG, RC BEST CHOICE REALTY CORP

realtor's description

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.

property details

type: House, Single Family
bedrooms: 3
bathrooms: 1
parking: 8
property tax: $4,709 / yr
days on market: 88
MLS®: X13612806

features

Water Heater

monthly cost

$5,773/mo

Mortgage $5,381 · Tax $392

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$5,381/ monthly

loan $988,000

25-year amortization

down payment20% · $247,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $626,233
cash to close: $247,000; down payment; transfer tax and fees not included
total paid: $1,614,233

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

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