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Tony & Ledi Real Estate Team

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Est. payment | -/mo

2 Beds

2 Baths

Save

Est. payment | -/mo

Save

2 Beds

2 Baths

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

Zoning RES-5/ Light Industrial (Commercial)

Rooms

Family Room No

Basement Unfinished

Kitchen 1

Interior

Interior Features Water Heater Owned, Workbench

Cooling Wall Unit(s)

Inclusions Dryer, Freezer, Furniture, Hot Water Tank Owned, Refrigerator, Satellite Dish, Stove, Washer

Exterior

Garage Spaces 1.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 40.0

Lot Depth 119.0

Total Parking Spaces 5

Building

Foundation Stone, Concrete

Others

Senior Community Yes

ParcelsYN No

Listed by ROYAL LEPAGE WOLLE REALTY

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427 Duke ST W Kitchener, ON N2H 3Y6