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152 Homewood Avenue Kitchener, Ontario N2M 1W9

8680 sqft
Acreage

$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:49454)

Property Details

MLS® Number 40648208
Property Type Office
AmenitiesNearBy Public Transit
CommunicationType High Speed Internet
EquipmentType Water Heater
Features Southern Exposure, Paved Driveway, Crushed Stone Driveway
ParkingSpaceTotal 20
RentalEquipmentType Water Heater

Building

BasementType None
ConstructionMaterial Concrete Block, Concrete Walls
ExteriorFinish Brick, Concrete
StoriesTotal 3
SizeExterior 8680.0000
SizeInterior 8680 Sqft
UtilityWater Municipal Water

Parking

Detached Garage

Land

AccessType Road Access
Acreage Yes
LandAmenities Public Transit
Sewer Municipal Sewage System
SizeFrontage 34 Ft
SizeIrregular 2.647
SizeTotal 2.647 Ac|2 - 4.99 Acres
SizeTotalText 2.647 Ac|2 - 4.99 Acres
ZoningDescription E1, R5

Utilities

Electricity Available
Natural Gas Available

https://www.realtor.ca/real-estate/27442732/152-homewood-avenue-kitchener