$2,750,000
Available - For Sale
Listing ID: X9358380
152 Homewood Ave , Kitchener, N2M 1W9, Ontario
| 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. |
| Price | $2,750,000 |
| Taxes: | $17863.56 |
| Tax Type: | Annual |
| Assessment: | $628000 |
| Assessment Year: | 2024 |
| Occupancy by: | Tenant |
| Address: | 152 Homewood Ave , Kitchener, N2M 1W9, Ontario |
| Postal Code: | N2M 1W9 |
| Province/State: | Ontario |
| Legal Description: | PT LT 1 PL 295 KITCHENER; PT LT 43 SUBDI |
| Lot Size: | 34.13 x 185.86 (Feet) |
| Directions/Cross Streets: | West Ave |
| Category: | Apartment |
| Use: | Apts-6 To 12 Units |
| Building Percentage: | Y |
| Total Area: | 2.65 |
| Total Area Code: | Acres |
| Area Influences: | Public Transit |
| Approximatly Age: | 51-99 |
| Outside Storage: | Y |
| Rail: | N |
| Crane: | N |
| Soil Test: | N |
| Heat Type: | Gas Hot Water |
| Central Air Conditioning: | N |
| Sewers: | San+Storm |
| Water: | Municipal |
$
%
Years
This calculator is for demonstration purposes only. Always consult a professional
financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| CORCORAN HORIZON REALTY |
|
|
Dir:
416-828-2535
Bus:
647-462-9629
| Virtual Tour | Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Com - Investment |
| Area: | Waterloo |
| Municipality: | Kitchener |
| Lot Size: | 34.13 x 185.86(Feet) |
| Approximate Age: | 51-99 |
| Tax: | $17,863.56 |
Locatin Map:
Payment Calculator:
