New ListingRare, high-upside investment opportunity to own an entire semi-detached duplex-both side-by-side mirror units sold together under one ownership! Located in the highly sought-after central core of Kitchener, this property features separate utility meters and sits directly in the path of progress, surrounded by million-dollar-plus multi-unit developments. Each spacious unit offers 1,500 sq. ft. of living space (3,000 sq. ft. total) featuring a functional layout with a large living room, formal dining room, kitchen, 3 generous bedrooms, and a full bath. Character meets potential with soaring 9-foot ceilings on both levels, creating an airy, premium feel. Situated on a massive 50' x 145' deep lot with flexible RES-5 zoning and up to 55% maximum lot coverage (including a 15% accessory structure allowance). Unmatched versatility for multigenerational families, builders, or investors: renovate to command premium market rents (projected $72k/year income), build secondary dwelling units (coach houses/garden suites), or completely redevelop into a high-density multi-unit project. One of the absolute best value-plays in the Waterloo Region-don't miss out! (id:374)
| MLS # | 40875095 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1884 |
| Days On Site | 6 |
| Listing Provided By | Royal Lepage Wolle Realty | INDIRA ZUKAN |
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 3,000 |
| Basement | Y |
| Story(s) | 2 |
| Units | 2 |
| Zoning | R23455 |
| Acreage | 0.17 |
| Cooling | None |
|---|---|
| Heating | Forced air |
| Appliances | Window Coverings |
| Fireplace Yes / No | No |
| Foundation Details | Stone |
|---|
| Parking Total | 4 |
|---|
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 4599 |
|---|
| Province | ON |
|---|---|
| City | Kitchener |
| Postal Code | N2H3Y8 |
| Community Name | 114 Uptown Waterloo/North Ward |
| Listing VS Median (in 114 Uptown Waterloo/North Ward) | |
Price: $899,900 low | high Med: $475,000 sqft: 3,000 low | high Med: 1,813 $ / sqft: $300 low | high Med: $275 On site: 6 low | high Med: 38 | |
| Province | ON |
|---|---|
| City | Kitchener |
| Postal Code | N2H3Y8 |
| Community Name | 114 Uptown Waterloo/North Ward |
| Listing VS Median (in 114 Uptown Waterloo/North Ward) | |
Price: $899,900 low | high Med: $475,000 sqft: 3,000 low | high Med: 1,813 $ / sqft: $300 low | high Med: $275 On site: 6 low | high Med: 38 | |