Re-listed 45 days ago

230 Highland Rd, Kitchener, Ontario N2M 3C2

Other
3 + 2
4
~1100-1500 sqft
$•••,•••
$1,050,000
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Other
3 + 2
4
~1100-1500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$827/sqft

Est. Mortgage$4,509/mo

Tax Amount (2024)$6,521/yr

Days On Market45 days

Total Days On Market109 days


Description

Amazing Investment Opportunity with Endless Potential!This versatile property offers exceptional potential, thanks to RES-5 zoning, which allows for a variety of uses. Whether you're looking to add additional dwelling units within the existing structure or a new build, or establish an approved home-based business, this property is the perfect fit.Located on a high-traffic street with excellent visibility, the second front entrance makes this an ideal setup for a service-based business. Meanwhile, the multiple entrances and spacious walk-out basement provide excellent opportunities for duplexing, an in-law suite, or a multi-generational living arrangement.Parking is never an issue here! The property boasts a circular driveway at the front with ample space, plus additional parking at the rear, accessible via a private entrance.Inside, you'll find a flexible layout with multiple rooms suited for a variety of uses. A bonus bathroom in the garage adds even more convenience, with direct access to the house. Need extra storage? The property also includes a shed and a storage container on-site.Don't miss out on this prime investment opportunity in a fantastic location, close to shopping, schools, public transit, and major highways. The potential here is limitless!


Property Details

StyleBungalow
View-
Age of property-
SqFt~1100-1500 SqFt
Lot Size-
Parking Spaces10
MLS ®NumberX12094168
Community NameCherry Hill
Data SourceTRREB
Listing byROYAL LEPAGE WOLLE REALTY

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Foyer

3.28 x 3.11

Living

4.02 x 3.11

Primary

4.65 x 3.59

2nd Br

4.15 x 3.57


Parking

Garage spaces 1

Garage type Attached

Other parking spaces 9

Total parking spaces 10


Property listed by ROYAL LEPAGE WOLLE REALTY, Brokerage

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Market Data - Cherry Hill

Geo Zone Map ThumbnailCherry Hill

Seller's Market

View Market Data

Other - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

33 days

Compared to

2024

19 days

2023

15 days

2022

36 days

New Listings

Past 30 days

5 listings

Compared to

2024

3 listings

2023

2 listings

2022

5 listings

Units sold

Past 30 days

3 units

Compared to

2024

2 units

2023

1 unit

2022

3 units

Median Sold Price

Past 30 days

$605,000

Compared to

2024

$522,500

2023

$385,000

2022

$807,000


Population and Demographics

Overview

Total population 3617
Average household income $100,520

Age (%)

20 to 34
30%
0 to 19
20%
35 to 49
19%
65 and plus
15%
50 to 64
15%

Household composition (%)

Single family
52%
Single person
41%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
77%
Others
6%
Tigrigna
5%
Arabic
3%
Spanish
3%
Bilen
2%

House tenancy (%)

Renters
73%
Owners
27%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget