263 MILL Street
Kitchener, BC N2M3R4
$850,000
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Frontage
- 73 feet
RES-6
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $5,020
Interior
- Basement
- Unfinished, Full
- Heating
- Forced air
- Fireplace
- None
Exterior & Lot
- Exterior features
- Brick
Building
- Water source
- Municipal water
- Sewer
- Municipal sewage system
- Utilities
- Electricity
Parking
- Total spaces
- 6 — covered indicated
- Features
- Detached Garage
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 4pc Bathroom | Second level | — |
| Bedroom | Second level | 1'1'' x 1'1'' |
| Bedroom | Second level | 1'1'' x 1'1'' |
| Bedroom | Second level | 1'1'' x 1'1'' |
| 3pc Bathroom | Main level | — |
| Dining room | Main level | 1'1'' x 1'1'' |
| Family room | Main level | 1'1'' x 1'1'' |
| Kitchen | Main level | 1'1'' x 1'1'' |
Listing Information
- MLS®
- 40855076
- Listed
- August 11, 2026
- Time on market
- On the market for 34 days
- Data last synced
- September 15, 2026
Listing provided by: RE/MAX Real Estate Centre Inc. · Data source: CREA DDF.
Description
A standout opportunity just steps from Downtown Kitchener. 263 and 265 Mill Street are semi-detached properties(value is in the land) held under single ownership, sitting on a generous 73 foot frontage and a total of 17, 943sq.ft. lot area complete with a detached double garage. The scale and configuration of the land offer strong potential for future multi-residential redevelopment — including stacked townhouses — subject to due diligence and municipal approvals. Location is the real draw here. The property is roughly a 5-minute walk (about 400 metres) from the ION LRT's Mill station at Ottawa and Mill Streets, putting fast, reliable light-rail transit and the full length of Downtown Kitchener within easy reach. Everyday amenities, dining, and additional transit connections are all close at hand. (id:63159)
Values & Trends
This listing
$352/sqft
Building average
—
No other active listings in this building
311 - Downtown/Rockway/S. Ward average
$402/sqft
15 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
Nearest station: Guelph
13°C
—
Humidity 88%
Wind SE 2 km/h
Today
23°
Tonight
17°
Wednesday
26°
Wednesday night
12°
Thursday
25°
Thursday night
13°
Source: Environment and Climate Change Canada.
Nearby Schools
No schools found within a reasonable distance of this property.
Nearby Transit
No TransLink stops within an ~10-minute walk.
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Mortgage & Ownership Cost Calculator
Minimum required: 7.1% ($60,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.