Property Information:
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 (id:7525)
Building Features:
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Style:
Detached
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Building Type:
House
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Air Conditioning:
Yes
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Basement Development:
Unfinished
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Basement Type:
N/A
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Construction Style - Attachment:
Detached
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Exterior Finish:
Brick, Vinyl siding
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Floor Space:
700 - 1100 sqft
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Foundation Type:
Stone, Concrete
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Heating Type:
Forced air
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Heating Fuel:
Natural gas
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Cooling Type:
Wall unit
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Appliances:
Dryer, Freezer, Satellite Dish, Stove, Washer, Refrigerator