For saleMLS® X13865420

498 Karn Street, Kitchener, ON N2M 2C1

Kitchener · Near Westmount and Karn · View map

$1,379,000
5+2Beds
6Baths
2500–3000Sq ft
DuplexType
Attached · 1 spaceGarage
6 totalParking
Finished, ApartmentBasement
$8,731/yrTaxes
$1,379,000
Main-floor primary bedroomEveryday living on one level
FreeholdNo monthly condo fee
Attached garage6 parking spaces in total
Finished basementExtra living space
Lot 33.5 x 136 ftThe land comes with the home
Newer homeUp to 5 years old

About this home

Duplex PLUS an In-Law Suite! Own a large custom-built duplex plus a separate 2-bedroom in-law suite, offering nearly 4,000 sq. ft. of finished living space across three levels. Thoughtfully designed for multi-generational living, extended family, or investors looking for multiple income streams. The property features three distinct living spaces, including a 1,539 sq. ft. 3-bedroom unit and two 2-bedroom living spaces measuring approximately 1,162 sq. ft. and 1,284 sq. ft. The 1,284 sq. ft. lower-level in-law suite has its own separate side entrance and will be vacant on closing.All three units feature 9-ft ceilings, two full bathrooms, dedicated laundry, large windows, quartz countertops and backsplashes, and their own primary bedroom with ensuite bathroom and walk-in closet. Each unit is separately metered for gas, hydro and water, providing straightforward utility management.Quality construction and materials are evident throughout, including Safe'n'Sound acoustic insulation between units for improved sound separation. Large windows bring plenty of natural light into all levels, including the lower-level suite. All appliances are included.Outside, enjoy two large decks and parking for six vehicles. There is also no rented equipment to assume.Whether you're looking for a multi-generational home with rental income, a property with strong investment potential, or a turnkey multi-unit rental, this is a substantial, purpose-built property designed with functionality, privacy and long-term durability in mind.

The home

Type
Duplex
Style
2-Storey
Square footage
2500-3000 sq ft
Bedrooms
5
Basement bedrooms
2
Bathrooms
6
Kitchens
3
Rooms
17
Basement
Finished, Apartment
Lot size
33.5 x 136 ft
Faces
North
Approximate age
0-5 years

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Exterior
Brick

Heating & cooling

Heating fuel
Gas
Heating type
Forced Air
Air conditioning
Central Air
Fireplace
No

Garage & parking

Garage
Attached
Garage spaces
1
Driveway spaces
5
Total parking
6

Taxes & other

Property taxes
$8,731/yr
Tax year
2026
Occupancy
Tenant
Possession
flexible
Cross street
Westmount and Karn

More

Price per sq ft
~$501 (at 2,750 sq ft)
MLS® number
X13865420

The home and its surroundings

  • Primary Bedroom - Main Floor
  • In-Law Suite
  • Storage
Want to know something that isn’t listed?
Estimated monthly cost$6,290per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    498 Karn Street, Kitchener, ON N2M 2C1

    Kitchener · Near Westmount and Karn

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    Sold history

    Listing history for 498 Karn Street

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

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    Questions & answers

    Frequently asked questions about 498 Karn Street

    Answers come straight from this home’s MLS® listing.

    How much is 498 Karn Street listed for, and what would it cost each month?

    498 Karn Street is listed for $1,379,000. With 20% down ($275,800), the mortgage payment would be roughly $5,563 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $6,290 a month, all in. That figure is an illustration, not a quote.

    Is 498 Karn Street freehold or a condo, and is there a monthly fee?

    498 Karn Street is a duplex in Kitchener. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    How many bedrooms and bathrooms does 498 Karn Street have?

    498 Karn Street has 5 bedrooms, plus 2 more bedrooms in the basement, and 6 bathrooms. The listing gives the style as 2-storey.

    Does 498 Karn Street have a garage and parking?

    Yes. The listing shows the garage as attached, with room for 1 car. The driveway adds 5 spaces. In total the listing counts 6 parking spaces.

    Does 498 Karn Street have a finished basement?

    The listing describes the basement as finished, apartment. It counts 2 bedrooms on that level. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.

    What style of home is 498 Karn Street?

    498 Karn Street is a duplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.

    How big is 498 Karn Street, and what is the lot size?

    The listing puts the home between 2,500 and 3,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 33.5 x 136 ft.

    How is 498 Karn Street heated and cooled?

    Heating is forced air (gas). Cooling is central air.

    What are the property taxes for 498 Karn Street?

    Property taxes are $8,731 a year (2026), or about $728 a month.

    Where is 498 Karn Street?

    498 Karn Street is in Kitchener. The nearest main intersection is Westmount and Karn. The postal code is N2M 2C1.

    Is 498 Karn Street still for sale?

    Yes. It is an active listing (MLS® X13865420). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 498 Karn Street asking?

    Similar properties for sale nearby right now include 109 Eton Drive at $1,145,000 (5 bed), 187 Forest Creek Drive at $1,100,000 (5+2 bed) and 443 Courtland Avenue E at $1,499,000 (4 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 498 Karn Street sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 498 Karn Street?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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