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 on-site. 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. (id:39198)
95 days
On Market
Other
Property Type
$17,864 / Year
Est. Annual Taxes
Other
Style
-
Garage
None
Basement
Location & Areas
Home Details
Lot Depth:
-
Lot Size:
3 acres
Style:
Other
Exterior Construction:
Concrete, Brick
Roof Material:
-
Patio/Deck:
-
Driveway:
-
Swimming Pool:
-
Schools nearby
Listing Brokerage
MLS® Listing
40732579
Brokerage
Corcoran Horizon Realty
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