Size
-
Lot size
539.77 sqm
Street frontage
N
Possession
Immediate
Price per sqm
$3,758 - $5,029
Taxes
$4,123.97 (2024)
Parking Type
-
Style
1 1/2 Storey
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Description
Welcome to 8 Onward Ave, a 3-unit home ideal for multi-family or multi-generational living. Situated on a large lot in the desirable East Ward, this property offers a great investment opportunity with its 3 units. There's potential for expansion by adding an addition, extending into the attic, or even building a garden suite. The home has a convenient side entrance, parking for up to 4 vehicles, and a new back deck that provides access to the two upper units. The main floor and basement units are currently tenanted, offering immediate rental income, while the upper floor is vacant and ready for new occupants. Located in a highly walkable neighborhood, its just steps from the ION LRT, downtown Kitchener, trendy cafes, parks, shopping, and the farmers market. Nearby are the AUD auditorium, Sheppard and Cameron Heights schools, and Rockway Golf Course. Commuters will appreciate quick access to major highways. The property next door, 12 Onward Ave, is also for sale, offering a rare chance to acquire both homes, creating a unique multi-generational compound or development potential. The combined lots offer room for further development, whether by expanding existing structures or adding new amenities. This is a unique opportunity to secure a triplex and the option of the adjacent property in a thriving community. Ask the listing agent about upcoming by-law changes that will allow for even more density options!
EXTRAS: **INTERBOARD LISTING: CORNERSTONE - WATERLOO REGION REAL ESTATE ASSOC**
EXTRAS: **INTERBOARD LISTING: CORNERSTONE - WATERLOO REGION REAL ESTATE ASSOC**
Broker: CHESTNUT PARK REALTY SOUTHWESTERN ONTARIO LTD.
MLS®#: X9363517
Property details
Parking:
5
Parking type:
-
Property type:
Multiplex
Heating type:
Forced Air
Style:
1 1/2 Storey
MLS Size:
139-186 sqm
Lot front:
10.67 M
Lot depth:
50.6 M
Listed on:
Sep 12, 2024
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Rooms
Level | Name | Size | Features |
---|---|---|---|
Main | Living | 1.1 x 1.3 m | |
Main | Kitchen | 1.1 x 1.0 m | |
Main | Br | 1.0 x 0.9 m | |
Main | Br | 1.0 x 1.0 m | |
Upper | Br | 1.4 x 1.3 m | |
Upper | Living | 1.4 x 1.1 m | |
Upper | Kitchen | 1.1 x 0.8 m | |
Bsmt | Br | 1.1 x 1.0 m | |
Bsmt | Kitchen | 1.0 x 1.2 m | |
Bsmt | Living | 1.0 x 0.9 m | |
Bsmt | Laundry | 1.1 x 0.9 m |
Instant estimate:
orto view instant estimate
$26,035
higher than listed pricei
High
$740,195
Mid
$725,035
Low
$677,661