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Home ON Kitchener - Cambridge - Waterloo Kitchener Civic Centre
132 YOUNG Street
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132 YOUNG Street $1,149,900
$1,149,900
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132 YOUNG Street
Kitchener, Ontario N2H4Z4

MLS® Number: 40655586
3
Bedrooms
3
Bathrooms
2674
Square Feet

Listing Description

What an opportunity! This VACANT grand residence, located steps from Hibner Park, checks all the boxes! It is a very rare property that has the flexibility for so many uses. With over 3500 sq ft of finished space on two levels this circa 1890 home could be easily converted back to its original splendor as a turn of the century (no not the 2000's!) showstopper. Freshly painted throughout the interior. Originally modernized in the 1980s with features such as an over engineered and oversized double car garage that features a workshop area with cabinets, countertop and sink. A second unit that is recognized by the city was added at this time as well with separate furnaces and meters. Shared Laundry. An ESA certificate is available showing that all knob and tube wiring has been replaced. The expansive millwork throughout has been lovingly maintained as can be seen by the many pictures and virtual tours. The main floor is truly magnificent with features such as two fireplaces and woodwork that just is not available today. This space is bathed in natural light from the many windows. Relax with friends and neighbours on the two large front porches and lush back yard. Simply fantastic! There is more...so much more. With sympathetic zoning, many investors look for the opportunity to add units for additional income but find that the lot does not support this goal. Problem solved! 132 Young Street possesses a mature and private 67 x 165 foot lot which would allow for many more units. Investors and developers should explore the possibilities at City Hall to make this building and property all it can be! The City of Kitchener has approved amendments to this zoning (SGA1) which would allow up to ten units without approval from the Heritage Committee with the possibility of many more with their approval. However these amendments are dependent upon Regional and Provincial Approval. This unique home and property demands your attention and is available for easy showings! (68140762)

Location Description

Weber to Young

Property Summary

Property Type
Multi-family
Building Type
Duplex
Storeys
2
Square Footage
2674 sqft
Subdivision Name
212 - Downtown Kitchener/East Ward
Title
Freehold
Land Size
under 1/2 acre
Built in
1890
Annual Property Taxes
$5,804.09
Parking Type
Attached Garage
Time on REALTOR.ca
35 days

Building

Bathrooms
Total
3
Interior Features
Appliances Included
Water softener, Garage door opener
Basement Type
Full (Unfinished)
Building Features
Features
Paved driveway, Automatic Garage Door Opener
Foundation Type
Block
Rental Equipment
Water Heater
Structures
Porch
Total Units
5
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Amenities Nearby
Hospital, Park, Place of Worship, Playground, Schools, Shopping
Parking
Parking Type
Attached Garage
Total Parking Spaces
5

Measurements

Square Footage
2674 sqft
Above Grade Finished
2674 sqft
Source: Other
Total Unfinished
1472 sqft

Land

Lot Features
Frontage
67 ft
Land Depth
166 ft
Other Property Information
Zoning Description
R5 and 127U
Data provided by: Cornerstone - Waterloo Region 540 Riverbend Drive, Kitchener, Ontario N2K 3S2

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