152 Homewood Ave, Kitchener MLS Number: X9358380
Kitchener, Waterloo, ON, N2M 1W9$2,750,000
Status: For Sale
- Property Type: Commercial (Investment)
- Property Taxes : $17863.56 (Tax Year:2024)
- Listing Courtesy : Corcoran Horizon Realty
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$2,750,000
Status: For Sale
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.
Property Type | :Commercial |
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MLS Number | :X9358380 |
Listing Type | :Sale |
Property Age | :51-99 Years |
Possession Date | : |
Last Updated | :05 Nov, 2024 (16 Days ago) |
Source | :TRREB |
Area | :Waterloo |
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Postal Code | : N2M 1W9 |
Price | : $2,750,000 |
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Property Taxes | :$17863.56 |
Tax Year | :2024 |
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Cross Street | :West Ave |
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Virtual Tour | :Virtual Tour (External Link) |
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05 Nov, 2024
TREB #X9358380
Available
$2750000.0
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