152 Homewood AVE Active

Kitchener,ON N2M 1W9

$ 2750000

- Bed

- Bath

2 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 2 sqft

Price per Sqft $1,375,000

MLS Listing ID X9358380

Annual Tax Amount $17,863

Tax Year 2024

Property 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 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.

Location

Province ON

County Waterloo

Area Waterloo

Interior

Cooling No

Exterior

Garage Spaces 16.0

Community Features Public Transit

Utilities Available Available

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