$2,499,900
( $21.68Per Sq Foot )
 $13,420 est/mo Sourced by Back At You

152 Homewood Avenue , Kitchener, ON N2M 1W9

Kitchener, ON N2M 1W9

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Description

This exceptional property offers a prime investment opportunity with strong potential for urban redevelopment. INCLUDES 152, 150 HOMEWOOD AND 0.676 ACRES OF LAND (3 PINS). Spanning a total of 2.647 acres, the site combines historic charm with modern practicality, including multiple residential units and an office building. The main building features 7 apartments, while the character-filled 152 Homewood residence, built in 1925, provides 2 additional units. A single-family home at 150 Homewood, built in 1940, is also part of the offering. The office building, with its raised basement and abundant natural light, has the potential to be converted into two more apartments. With parking for over 20 vehicles including a 4 car garage, each residential unit is outfitted with a fridge and stove, and a coin-operated laundry is available onsite. The property includes 0.676 acres of serene, park-like grounds at the rear, with a private, grassy, tree lined area that borders the Iron Horse Trail, providing access to nearby bike paths and Victoria Park.Investors are advised to perform their due diligence with the City of Kitchener regarding redevelopment options. Detailed information on plumbing, electrical systems, heating, and repairs can be found in the Supplemental Documents. Don't miss this rare chance to invest in a prime Kitchener location.

Details

MLS#X9358380
Listing TypeFor Sale
Sub-TypeResale
StatusPrice Change
Days On Site127
Listing Provided ByCORCORAN HORIZON REALTY | Not Provided

Features

SQ Feet115,303
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Listings Checked: 39 minutes ago
StateON
CountyWaterloo
CityKitchener
Zip CodeN2M 1W9
Listing VS Median (in N2M 1W9)
Price:
$2,499,900
low | high
Med:
$2,499,900
50% of Average
SqFt:
115,303
low | high
Med:
115,303
50% of Average
$ / SqFt:
$22
low | high
Med:
$22
50% of Average
On Site:
127
low | high
Med:
127.000000
100% of Average
Sourced by Back At You
Listing Updated: January 8, 2025 at 12:23:20 PM PST