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563 Wellington Street N

Kitchener Waterloo N2H 5L6

$425,000

Residential Freehold beds: 2 baths: 1.0

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Status:

Active

Prop. Type:

Residential Freehold

MLS® Num:

X12399114

Bedrooms:

2

Bathrooms:

1

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Welcome to 563 Wellington Street North, Kitchener! This home is a rare opportunity for investors, renovators, and developers alike. This 2-bedroom home sits in a prime location with excellent access to schools, shopping, public transit, and downtown amenities, making it an attractive spot for both living and future redevelopment. While the home itself is a fixer-upper, its brimming with potential for those with a vision. Whether you're a handyman looking to bring it back to life or a renovator eager to modernize, this house provides the perfect foundation to get started. What truly sets this property apart is its zoning flexibility. According to the City of Kitcheners regulations, this lot has the potential to accommodate up to four units. This makes it an exceptional choice for flippers seeking profit, investors looking to expand their rental portfolio, or developers ready to maximize density in a growing community. 563 Wellington Street North is more than just a house, its a project full of possibilities. With its great location, development potential, and solid investment value, its an opportunity you wont want to miss.

General Info:

Property Type:

Residential Freehold

Property Sub Type:

Detached

Home Style:

1 1/2 Storey

Approx. Age:

51-99

Total Approx Floor Area:

700-1100

Lot Size:

<.50

Depth:

120'1½"36.6 m

Frontage:

38'11.6 m

Direction Faces:

South

Bedrooms:

2

Bathrooms:

1.0

Water supply:

Municipal

Kitchens:

1

Bedrooms Above Grade:

2

Kitchens Above Grade:

1

Rooms Above Grade:

4

Zoning:

R5

Additional Info:

Heating type:

Forced Air

Heating Fuel:

Gas

Foundation:

Poured Concrete

Roof:

Asphalt Shingle

Basement:

Full, Unfinished

Fireplace/Stove:

No

Garage:

Detached

Garage Spaces:

1.0

Parking Features:

Private

Parking Spaces:

2

Total Parking Spaces:

3.0

Family Room:

No

Possession Details:

Flexible

Lot Irregularities:

40.10 x120.12 ftx39.17 ftx75.40 ftx1.32

Pool:

None

Link:

No

Financial Info:

HST Applicable To Sale Price:

Included In

Assessment:

$234,000

Assessment Year:

2025

Taxes:

$2,978 / 2024

Assessment:

$234,000.00 / 2025

Listing Area:

Kitchener

County Or Parish:

Waterloo

Interior Features:

Water Heater Owned

Exterior Finish:

Vinyl Siding

Water Body Type:

Lake

Room Information:

Floor

Type

Size

Other

Main

Kitchen

11'8"3.56 m × 11'4"3.45 m

Main

Living Room

25'3"7.70 m × 10'5"3.18 m

Second

Bedroom

12'8"3.86 m × 9'11"3.02 m

Other Details:

Special Designation:

Unknown

Sewers:

Sewer

Air Conditioning:

Central Air

Central Vacuum:

No

Seller Property Info Statement:

No

Ensuite Laundry:

No

Listing Info:

Date Listed:

Sep 12, 2025

Original Price:

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Previous Price:

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Listed by EXP REALTY

Data was last updated September 14, 2025 at 11:15 PM (UTC)

Area Statistics

Listings on market:

337

Avg list price:

$899,000

Min list price:

$425,000

Max list price:

$3,550,000

Avg days on market:

31

Min days on market:

1

Max days on market:

661

These statistics are generated based on the current listing's property type and located in Kitchener. Average values are derived using median calculations. This data is not produced by the MLS® system.

Get market change alerts

• DARYL KING
• RE/MAX HALLMARK REALTY LIMITED
• 1 (905) 9075464
• homes@darylking.com

This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.

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Why Buyers Are Flocking to Waterloo Homes

• Home to major tech employers like Google and Shopify
• Strong public schools, universities, and family-focused amenities
• Beautiful parks, trails, and outdoor recreation opportunities
• More affordable than the GTA with strong long-term value
• GO Transit and Highway 401 access for commuters

What You’ll Find in Waterloo Houses for Sale

Whether you’re shopping for a starter home or a multi-level family house, homes in Waterloo often feature:

• Detached and semi-detached homes with 3-5 bedrooms
• Updated interiors, large backyards, and finished basements
• Bungalows, split-level, and two-storey layouts
• Located near schools, transit, shopping centres, and green space

Exploring Real Estate in Waterloo, Ontario

From new builds in Vista Hills to mature neighbourhoods in Laurelwood, Waterloo offers a variety of home styles and price points to suit every stage of life.

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Each link provides updated listings and expert insights.

FAQs – Houses for Sale Waterloo

1. What is the average home price in Waterloo?
Prices range from $750,000 to $1.1M for detached homes, depending on location, size, and upgrades.

2. Is Waterloo a good city for families?
Yes. Waterloo is known for excellent schools, low crime rates, and plenty of parks and community programs for children.

3. What neighbourhoods are best for buying a house in Waterloo?
Top areas include Laurelwood, Beechwood, Vista Hills, and Columbia Forest.

4. Are there new developments in Waterloo?
Yes. Waterloo continues to expand, especially in its western communities, offering energy-efficient and smart-home-ready builds.