368-3689910_homelife-bayside-realty-ltd-brokerage

Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD

Call Now: 416-939-2500 Email: vikas@vikaspalan.com
20 Cherry Street, Kitchener, ON N2G 2C5
$499,000
  • Sale
  • Duplex
  • 5 days ago
  • Updated: 2026-02-25

Overview

  • Duplex
  • 6
  • 2
  • Detached/5
  • 1500-2000
  • 100+

Description

Opportunity Knocks! Value-Add Duplex with Major Mechanical Updates Completed. This 6 bedroom duplex is the perfect investment opportunity. Located just minutes from downtown Kitchener, Back to cherry park. Solid duplex offering tremendous upside for investors, renovators, or end users looking to build equity. While the property requires cosmetic updating, the big-ticket items have already been addressed - including roof, gas furnace, and updated electrical panel (breaker system) completed within the past 8 years. With the costly infrastructure improvements already done, this property provides the perfect opportunity to focus on interior/exterior upgrades and significantly increase value. The main floor features a 3 bedroom unit with one bathroom . Upstairs, you will find three good-sized bedrooms and a big living space on third floor with a four-piece bathroom. Two self-contained units offer income potential and flexibility. The basement provides additional space with potential for future development or possible additional unit, subject to municipal approvals and buyer due diligence. Situated on a generous lot with a large backyard, adding further long-term potential. A smart investment opportunity for those looking to renovate and maximize returns. With its prime location near downtown Kitchener, there is plenty of shopping, easy access to public transit, and lots of open spaces like Cherry Park, Victoria Park, and the Iron Horse Trail. Whether you're looking for a smart investment or a versatile space to live and work, this property is a rare find in the heart of the city. Book your showing today! This property is being sold as is.

Details

  • X12821034
  • Detached/5
  • $499,000
  • Tenant
  • None
  • 2 + 2
  • 2-Storey
  • 6
  • 2
  • 1500-2000 Sqft
  • N/A N/A
  • 100+
  • Duplex
  • Sale

Additional details

  • Forced Air / Gas
  • R4
  • $4992.48
  • 2025
  • PT LT 438 PL 375 KITCHENER AS IN 529448; KITCHENER
  • N/A
  • N
  • Unfinished
  • None
  • Municipal

Schools Nearby

Mortgage Calculator

  • Total Amount
  • Down Payment
  • Loan Term
  • Interest Rate
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Land Transfer Tax
  • CMHC

FAQ

  • What is the total square footage of the X12821034 - 20 Cherry Street, Kitchener, ON N2G 2C5?

    The total square footage of this property is 1500-2000 SqFt.

  • What schools near to X12821034 - 20 Cherry Street, Kitchener, ON N2G 2C5?

    .

RoofUp
Logo