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152 Homewood Avenue Image 1

$1,999,900

May 22Investment For Sale
bedroomsbed
washrooms0bath
MLS - #X12167210

152 Homewood Avenue, Kitchener, ON N2M 1W9

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Average Price
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Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

N/A

About 152 Homewood Avenue

This exceptional property offers a prime investment opportunity with strong potential for urban redevelopment. INCLUDES 152, 150 HOMEWOODAND 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 20vehicles 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.

Home Overview

Last updated

May 22

Virtual tour

None

Basement information

Building size

2.647

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

2025

Listed by CORCORAN HORIZON REALTY

Additional Details

Basement:N/A
Cooling:No
Heating:Gas Hot Water
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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