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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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$499,000
Available - For Sale
Listing ID: X12821034
Opportunity Knocks! Value-Add Duplex with Major Mechanical Updates Completed. This 6 bedroom duplex is the perfect investment opportunity. Located just minutes from downtown Kitchener, Back to cherry park. Solid duplex offering tremendous upside for investors, renovators, or end users looking to build equity. While the property requires cosmetic updating, the big-ticket items have already been addressed - including roof, gas furnace, and updated electrical panel (breaker system) completed within the past 8 years. With the costly infrastructure improvements already done, this property provides the perfect opportunity to focus on interior/exterior upgrades and significantly increase value. The main floor features a 3 bedroom unit with one bathroom . Upstairs, you will find three good-sized bedrooms and a big living space on third floor with a four-piece bathroom. Two self-contained units offer income potential and flexibility. The basement provides additional space with potential for future development or possible additional unit, subject to municipal approvals and buyer due diligence. Situated on a generous lot with a large backyard, adding further long-term potential. A smart investment opportunity for those looking to renovate and maximize returns. With its prime location near downtown Kitchener, there is plenty of shopping, easy access to public transit, and lots of open spaces like Cherry Park, Victoria Park, and the Iron Horse Trail. Whether you're looking for a smart investment or a versatile space to live and work, this property is a rare find in the heart of the city. Book your showing today! This property is being sold as is.
Price $499,000
Taxes: $4,992.48
Occupancy by: Tenant
Address: 20 Cherry Street , Kitchener, N2G 2C5, Waterloo
Directions/Cross Streets: Park St.
Rooms: 11
Bedrooms: 6
Bedrooms +: 0
Washrooms: 2
Family Room: T
Basement: Unfinished
No. of Pieces Level
Washroom 1:  3 Main
Washroom 2:  3 Second
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  3 Main
Washroom 7:  3 Second
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Property Type: Duplex
Style: 2-Storey
Exterior: Aluminum Siding
Brick
Garage Type: Detached
(Parking/)Drive: Private
Drive Parking Spaces: 5
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Approximatly Age: 100+
Approximatly Square Footage: 1500-2000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Asking Price: $ Heating: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
HOMELIFE LANDMARK REALTY INC.

20 Cherry Street , Kitchener, N2G 2C5, Waterloo

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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Type: Freehold - Duplex
Area: Waterloo
Municipality: Kitchener
Neighbourhood: Dufferin Grove
Style: 2-Storey
Lot Size: x 164.93(Feet)
Approximate Age: 100+
Tax: $4,992.48
Maintenance Fee: $0
Beds: 6
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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