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$399,900
Est. payment /mo
2 Beds
2 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
MLS Listing ID X13770320
Style 2-Storey
Bedrooms 2
Annual Tax Amount $3,488
Tax Year 2025
Property Sub-Type Detached
Property Description
Developers, Investors, Families! Rare Midtown Corner Lot with massive potential available for thefirst time in 40+ years! This 1902 detached home sits on a premium 40' x 119' corner lot in a rapidlyappreciating Midtown pocket near DTK, transit, and the Spur Line Trail. Surrounded by $1M+redevelopments, this property offers ultimate flexibility for a high-end family renovation or a high-yieldinvestment project. The existing 2-bed, 1.5-bath character home features great bones and excellent holdingvalue. Major mechanical updates offer immediate peace of mind, including a furnace replaced in 2025 and anewer main roof from 2020. Move in, rent out, or renovate while finalizing your permits. The high densityRES-5 zoning and dual street exposure are perfectly primed for intensification under Kitchener's "GrowingTogether" framework. Capitalize on the corner configuration for separate unit entrances and streamlinedparking logistics to build cluster townhouses, a multi-unit conversion, or an accessory dwelling. Best of all,leverage the "10 unit threshold" for an expedited Zoning Certificate process, bypassing complex site plans.Whether you want to restore a piece
Location
Province ON
County Waterloo
Area Waterloo
Rooms
Family Room No
Basement Unfinished
Kitchen 1
Interior
Interior Features Water Heater Owned, Workbench
Cooling Wall Unit(s)
Fireplace No
Heat Source Gas
Exterior
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 40.0
Lot Depth 119.0
Total Parking Spaces 5
Building
Unit Features Hospital,Place Of Worship,Public Transit,School
Foundation Stone, Concrete
Others
ParcelsYN No
Read Less Info
Listed by ROYAL LEPAGE WOLLE REALTY
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