51 days on Market

132 Young St, Kitchener, Ontario N2H 4Z4

$1,149,900
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Detached
3
4 + 1
~2890 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$397/sqft

Est. Mortgage$4,938/mo

Tax Amount (2024)$5,804/yr

Days On Market51 days


Description

What an opportunity! This grand residence, located steps from Hibner Park and two blocks from the LRT and GO, checks all the boxes! It is a very rare property that has the flexibility for so many uses. With over 2890 sq ft of finished space on two levels this circa 1890 home could be easily converted back to its original splendor as a turn of the century (no not the 2000's!) showstopper. Freshly painted throughout the interior. Originally modernized in the 1980s with features such as an over engineered and oversized double car garage that features a workshop/potting area with cabinets, countertop and sink with second floor addition potential. A second unit that is recognized by the city was added at this time as well with separate furnaces and meters. An ESA certificate is available showing that all knob and tube wiring has been replaced. The expansive millwork throughout has been lovingly maintained as can be seen by the many pictures and virtual tours. The main floor is truly magnificent with features such as two fireplaces and woodwork that just is not available today. This space is bathed in natural light from the many windows. Relax with friends and neighbours on the two large front porches and lush back yard. Simply fantastic! There is more...so much more. With sympathetic zoning, many investors look for the opportunity to add units for additional income but find that the lot does not support this goal. Problem solved! 132 Young Street possesses a mature and private 67 x 165 foot lot. The City of Kitchener has approved amendments to this zoning (R5 and 127U, SGA1) which would allow up to ten units without approval from the Heritage Committee with the possibility of many more with their approval. However these amendments are dependent upon Regional and Provincial Approval. This unique home and property demands the attention of both the person who wants it to be a grand home or a duplex or much more and is available for easy showings!


Property Details

StyleTwo Story
View-
Age of property1890
SqFt~2890 SqFt
Lot Size11,128 SqFt(165.62 x 67.19)
Parking Spaces5
MLS ®Number40655561
Community NameCivic Centre
Data SourceITSO

Features

Heating: Forced Air, Natural Gas
Cooling: Central Air
Basement: Walk-Up Access, Full, Unfinished

Second Floor

Bathroom

5+ Piece

Bedroom Primary

4.29 x 3.58

Hardwood Floor

Bathroom

3-Piece

Bedroom Primary

4.29 x 5.69

Ensuite


Features

Lot size: 11,128 SqFt
Sewer (Municipal)

Parking

Garage spaces 2

Garage type -

Other parking spaces 3

Total parking spaces 5


Property History

Now
ListedFor Salefor$1,149,900Active
51 days on market
Listing by itso®
history photo preview50
Now
ListedFor Salefor$1,149,900Active
51 days on market
Listing by itso®
history photo preview50
ListedFor Salefor$1,175,000Expired
Stayed 54 days on market
Listing by itso®
history photo preview50
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Property listed by RE/MAX TWIN CITY REALTY INC., Brokerage

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