Sold conditionally
37 days on Market

8 Onward Ave, Kitchener, Ontario N2H 3J7

$699,000
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Townhouse
-
3
~1430.75 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$488/sqft

Est. Mortgage$3,002/mo

Tax Amount (2024)$4,124/yr

Days On Market37 days


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 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!


Property Details

StyleResidential Income
View-
Age of property-
SqFt~1430.75 SqFt
Lot Size5,810 SqFt(166 x 35)
Parking Spaces4
MLS ®Number40662766
Community NameKing East
Data SourceITSO

Features

Heating: Forced Air, Natural Gas
Basement: Full, Finished

Features

Lot size: 5,810 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

Now
ListedFor Salefor$699,000Active
37 days on market
Listing by itso®
history photo preview38
Now
ListedFor Salefor$699,000Active
59 days on market
Listing by trreb®
history photo preview35
Oct 15, 2024
ListedFor Salefor$725,000Terminated
Stayed 34 days on market
Listing by itso®
history photo preview44
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Property listed by Chestnut Park Realty Southwestern Ontario Ltd., Brokerage, Brokerage

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