view of front of house featuring covered porch, brick siding, and an outdoor structure Features: porch, outdoor structure More Photos

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    For Sale - 20 Cherry Street, Kitchener, Ontario

    Est payment $2,396/mo
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    Views   1
    Time on Jump  36 day

    AI Summary *

    • Value-add duplex with major mechanical updates already completed.
    • Six bedrooms across two self-contained units for rental income potential.
    • Located minutes from downtown Kitchener and Cherry Park for convenience.
    • Generous lot with a large backyard offering future development opportunities.
    • Smart investment for those looking to renovate and enhance property value.




    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.
    Listing IDX12821034
    Address20 Cherry Street
    CityKitchener, Ontario
    Price$499,000
    Bed / Bath6 / 2 Full
    Style2-Storey, Duplex
    ConstructionAluminum Siding, Brick
    TypeMulti-Family
    StatusFor Sale

    Subtype DuplexIndoor Features Carpet FreeOwnership FreeholdBasement UnfinishedFoundation StoneHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 6.00
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    Listing Agency:  HOMELIFE LANDMARK REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    20 Cherry Street
    Kitchener , Ontario
    6 2 $499,000
    Get more info