$ 699,000
8 ONWARD Avenue Kitchener, ON N2H3J7
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$ 699,000
Est. payment | /mo
4 Beds
3 Baths
1,430 SqFt
$ 699,000
Est. payment | /mo
4 Beds
3 Baths
1,430 SqFt
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,430 sqft
Price per Sqft $488
Subdivision 212 - Downtown Kitchener/East Ward
MLS® Listing ID 40662766
Bedrooms 4
Originating Board Cornerstone - Waterloo Region
Property 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 neighbourhood, it’s 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 Atriplex 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! (id:24570)
Location
Province ON
Interior
Heating Forced air,
Cooling None
Exterior
Garage No
Community Features Community Centre
Waterfront No
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Story 1.5
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Chestnut Park Realty Southwestern Ontario Ltd., Brokerage