Property Information:

A rare opportunity in a highly convenient central location! Built in 1919, this charming century home combines timeless character with an impressive income-producing setup. With easy access to the 401, LRT, schools, shopping and the hospital, this property offers both convenience and versatility.Currently operating successfully as an Airbnb, the home features three separate, fully equipped units - two 1-bedroom suites and a spacious 2-bedroom unit. Each unit comes complete with appliances and furnishings, making this a truly turnkey investment opportunity.Outside, the beautifully landscaped and tiered backyard offers a peaceful retreat and backs directly onto scenic Cherry Park. Additional features include a unique two-storey garage and a separate cozy bunkie, providing excellent storage and added flexibility.Whether you're looking for a proven income property, a multi-generational home, or a residence with the potential for multiple living spaces, this one-of-a-kind property offers plenty of possibilities in a location that is hard to beat. (id:27)

Building Features:

Style: Triplex
Building Type: Triplex
Amenities: Separate Hydro Meters
Basement Development: Finished
Basement Type: N/A, N/A
Exterior Finish: Vinyl siding, Brick
Floor Space: 1500 - 2000 sqft Square Feet
Foundation Type: Poured Concrete
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Central air conditioning
Appliances: All, Dryer, Microwave, Stove, Washer, Refrigerator

Property Features:

Property Type: Multi-family
Bedrooms: 3+1
Bathrooms: 3
Amenities Nearby: Public Transit, Schools
Features: Backs on greenbelt, Conservation/green belt
Fence Type: Fenced yard
Floor Space (approx): 1500 - 2000 Square Feet
Irregular: Yes
Lot Depth: 166.1 Feet
Lot Frontage: 33.1 Feet
Lot Size: 33.1 x 166.1 FT
Zoning: R4
Sewer: Sanitary sewer
Parking Type: Detached garage, Garage
No. of Parking Spaces: 5

Courtesy of: CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD

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Demographic Information of 46 CHERRY STREET, Kitchener, Ontario, N2G 2C6

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$103,238.99

Average Number of Children

1.72

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.43 %

High school certificate or equivalent

28.62 %

Apprenticeship trade certificate/diploma

3.99 %

College/non-university certificate

20.03 %

University certificate (below bachelor)

2.48 %

University Degree

28.44 %

Commuter

Travel To Work

By Car

79.25 %

By Public Transit

8.75 %

By Walking

7.83 %

By Bicycle

0.74 %

By Other Methods

3.43 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

56.29 %

Houses

43.71 %

46 CHERRY STREET, Kitchener, Ontario, N2G 2C6