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8 Onward Avenue Kitchener, Ontario N2H 3J7

4 Bedroom 3 Bathroom 1430.75 sqft
None Forced Air

$699,000

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 neighbourhood, it’s 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 Atriplex 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! (id:17537)

Property Details

MLS® Number 40662766
Property Type Multi-family
Amenities Near By Public Transit
Community Features Community Centre
Features Paved Driveway
Parking Space Total 4

Building

Bathroom Total 3
Bedrooms Total 4
Appliances Freezer, Microwave, Water Softener, Window Coverings
Basement Development Finished
Basement Type Full (finished)
Cooling Type None
Exterior Finish Aluminum Siding, Brick
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1430.75 Sqft
Type Triplex
Utility Water Municipal Water

Parking

None

Land

Access Type Highway Access
Acreage No
Land Amenities Public Transit
Sewer Municipal Sewage System
Size Depth 166 Ft
Size Frontage 35 Ft
Size Total Text Under 1/2 Acre
Zoning Description R5

https://www.realtor.ca/real-estate/27542486/8-onward-avenue-kitchener

Interested?

Contact us for more information


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Erik Erwin
Salesperson

(226) 240-3695
(519) 885-1251
www.eerealestate.ca/
www.linkedin.com/in/erik-erwin-27b21036
https://www.instagram.com/air_rick_/

Chestnut Park Realty Southwestern Ontario Ltd., Brokerage
75 King Street South Unit 50
Waterloo, Ontario N2J 1P2

(519) 804-7200
(519) 885-1251
www.chestnutparkwest.com/
https://www.facebook.com/ChestnutParkWest
https://www.instagram.com/chestnutprkwest/

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