4 days on Market

230 Highland Rd, Kitchener, Ontario N2M 3C2

Detached
3 + 2
4
~1100-1500 sqft
$1,098,888
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Detached
3 + 2
4
~1100-1500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$865/sqft

Est. Mortgage$4,719/mo

Tax Amount (2024)$6,233/yr

Days On Market4 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 duplex, or add additional dwelling units within the existing structure, establish an approved home-based business, or construct a new build, this property is the perfect fit.This bungalow with walk-out basement has 5 entrances (excluding the garage access) - 2 at the front accessing the main level, 1 at the rear of the main level and 2 at the rear accessing the basement. With 3 bedrooms on the main level (including the loft) and 2 bedrooms in the basement with the possibility of adding 2 more, this home is plenty spacious for potential 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 rear driveway. The garage has direct access to the house and hosts a bonus bathroom. 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 property51-99
SqFt~1100-1500 SqFt
Lot Size11,496 SqFt(141.04 x 81.51)
Parking Spaces10
MLS ®NumberX11975554
Community NameCherry Hill
Data SourceTRREB
Listing byROYAL LEPAGE WOLLE REALTY

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Sep Entrance, W/O

Main Floor

Foyer

3.28 x 3.11

Living

4.02 x 8.03

Prim Bdrm

4.65 x 3.59

2nd Br

4.15 x 3.57


Features

Lot size: 11,496 SqFt

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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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%

Schools and amenities

Estimated Budget