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Home ON Kitchener - Cambridge - Waterloo Kitchener Victoria Park
152 HOMEWOOD Avenue
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152 HOMEWOOD Avenue $2,750,000
$2,750,000
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152 HOMEWOOD Avenue
Kitchener, Ontario N2M1W9

MLS® Number: 40648208

Listing Description

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. (68090940)

Location Description

West Ave to Homewood Ave.

Property Summary

Property Type
Office
Storeys
3
Subdivision Name
313 - Downtown Kitchener/W. Ward
Title
Freehold
Land Size
2.647 ac|2 - 4.99 acres
Annual Property Taxes
$17,863.56
Parking Type
Detached Garage
Time on REALTOR.ca
57 days

Building

Interior Features
Basement Type
None
Building Features
Features
Southern exposure, Paved driveway, Crushed stone driveway
Construction Material
Concrete block, Concrete Walls
Rental Equipment
Water Heater
Utilities
Utility Type
Electricity (Available), Natural Gas (Available)
Utility Communications
High Speed Internet
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Concrete
Neighbourhood Features
Amenities Nearby
Public Transit
Parking
Parking Type
Detached Garage
Total Parking Spaces
20

Measurements

Square Footage
8680 sqft
Exterior Building Size
8680 sqft

Land

Lot Features
Frontage
34 ft
Other Property Information
Access
Road access
Zoning Description
E1, R5
Data provided by: Cornerstone - Waterloo Region 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
Randy Borne