ON > Kitchener
Kitchener, ON N2H 3J7,8 Onward AVE
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Kitchener, ON N2H 3J7,8 Onward AVE
Kitchener, ON N2H 3J7,8 Onward AVE
Kitchener, ON N2H 3J7,8 Onward AVE
Kitchener, ON N2H 3J7,8 Onward AVE
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Jeff Somlo

Jeff Somlo

+1(647) 998-3693
$ 699,000
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8 Onward AVE Kitchener, ON N2H 3J7

4 Beds

3 Baths

UPDATED:

11/18/2024 09:15 PM

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Pending

Purchase Type For Sale

Approx. Sqft 1500-2000

MLS Listing ID X9363517

Style 1 1/2 Storey

Bedrooms 4

Annual Tax Amount $4,123

Tax Year 2024

Property Description

Welcome to 8 Onward Ave, a 3-unit home ideal for multi-family or multi-generational living. Situated on a large lot in the desirable East Ward, this property offers a great investment opportunity with its 3 units. There's potential for expansion by adding an addition, extending into the attic, or even building a garden suite. The home has a convenient side entrance, parking for up to 4 vehicles, and a new back deck that provides access to the two upper units. The main floor and basement units are currently tenanted, offering immediate rental income, while the upper floor is vacant and ready for new occupants. Located in a highly walkable neighborhood, its just steps from the ION LRT, downtown Kitchener, trendy cafes, parks, shopping, and the farmers market. Nearby are the AUD auditorium, Sheppard and Cameron Heights schools, and Rockway Golf Course. Commuters will appreciate quick access to major highways. The property next door, 12 Onward Ave, is also for sale, offering a rare chance to acquire both homes, creating a unique multi-generational compound or development potential. The combined lots offer room for further development, whether by expanding existing structures or adding new amenities. This is a unique opportunity to secure a triplex and the option of the adjacent property in a thriving community. Ask the listing agent about upcoming by-law changes that will allow for even more density options!

Location

Province ON

County Waterloo

Zoning R5

Rooms

Family Room No

Basement Apartment, Finished with Walk-Out

Kitchen 3

Interior

Interior Features Water Softener

Cooling Central Air

Inclusions 3 Refrigerator, 3 Stove, 3 Freezer, Microwave, Washer, Dryer, Dishwasher, Window Coverings, All Electrical Light Fixtures

Exterior

Garage Private

Garage Spaces 5.0

Pool None

Roof Type Asphalt Shingle

Total Parking Spaces 5

Building

Foundation Poured Concrete

Listed by CHESTNUT PARK REALTY SOUTHWESTERN ONTARIO LTD.
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