152 Homewood Avenue Kitchener, Ontario N2M 1W9
$2,999,900
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:52603)
Property Details
| MLS® Number | 40648208 |
| Property Type | Office |
| Amenities Near By | Public Transit |
| Communication Type | High Speed Internet |
| Equipment Type | Water Heater |
| Features | Southern Exposure, Paved Driveway, Crushed Stone Driveway |
| Parking Space Total | 20 |
| Rental Equipment Type | Water Heater |
Building
| Basement Type | None |
| Construction Material | Concrete Block, Concrete Walls |
| Exterior Finish | Brick, Concrete |
| Stories Total | 3 |
| Size Exterior | 8680.0000 |
| Size Interior | 8680 Sqft |
| Utility Water | Municipal Water |
Parking
| Detached Garage |
Land
| Access Type | Road Access |
| Acreage | Yes |
| Land Amenities | Public Transit |
| Sewer | Municipal Sewage System |
| Size Frontage | 34 Ft |
| Size Irregular | 2.647 |
| Size Total | 2.647 Ac|2 - 4.99 Acres |
| Size Total Text | 2.647 Ac|2 - 4.99 Acres |
| Zoning Description | E1, R5 |
Utilities
| Electricity | Available |
| Natural Gas | Available |
https://www.realtor.ca/real-estate/27442732/152-homewood-avenue-kitchener
618 King St. W. Unit A
Kitchener, Ontario N2G 1C8
(519) 804-4000
(519) 745-4088
www.regoteam.com/
50 Grand Ave. S., Unit 101
Cambridge, Ontario N1S 2L8
(519) 804-4000
(519) 745-4088
www.regoteam.com/
50 Grand Ave. S., Unit 101
Cambridge, Ontario N1S 2L8
(519) 804-4000
(519) 745-4088
www.regoteam.com/
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September 19 2024 06:09:23
Kitchener-Waterloo Association of REALTORS®
Corcoran Horizon Realty