59 Cherry Street

Kitchener, ONMulti-family
$699,999
MLS® X13875316
Multi-family4 beds3 baths6 total
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About This Property

Attention investors, multi-generational families, and savvy house-hackers! Welcome to 59 Cherry Street perfectly situated in Kitchener's historic and highly desirable Cherry Hill/Mill-Courtland neighbourhood. Perfectly suited for multi-generational families, house-hackers, or long-term investors, this property seamlessly blends vintage warmth with rare development upside; long-term rental income, or a unique short-term boutique destination. Boasting an incredible 9.2/10 "Biker's Dream" rating and an ultra-walkable score, the home offers a lifestyle of pure convenience. Inside, the versatile layout is set up as a live-in mortgage helper or a high-yield investment, with the added bonus of a spacious, unfinished attic awaiting your creative touch-perfect for a future primary retreat, studio, or loft. Outside, the deep backyard offers the unique and lucrative potential to build an additional garden suite, providing a clear path for future expansion or an entirely separate income stream This property delivers the perfect balance of 1920s nostalgia and modern financial opportunity. (id:63604)

Key Facts

Type
Multi-family
Beds
4
Baths
3
Size
1,500 sqft
Lot
40 x 166 FT
Parking
6 total

Highlights

  • Washer
  • Refrigerator
  • Stove
  • Dryer
  • Microwave
  • Freezer
  • Hood Fan
Property Details 17 details
Bedrooms
4 bedrooms
4 above grade
Bathrooms
3 bathrooms
Parking
6 parking spaces
Detached Garage · Garage
Living area
1,500 - 2,000 sq. ft.
Property
Multi-family · Attached
Property subtype
Multi-family
Structure type
Duplex
Attached status
Attached
Storeys
2.50
Basement
Finished, Separate entrance
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Fireplace
No
Lot dimensions
40 x 166 FT
Frontage
40 feet
Taxes
$4,780.00
Zoning
R-4
Water source
Municipal water
Sewer
Sanitary sewer

Interior features

WasherRefrigeratorStoveDryerMicrowaveFreezerHood Fan

Exterior features

BrickAluminum sidingBlock

Systems and association

SewerElectricityCable
Mortgage & Affordability Estimate monthly costs
Mortgage Tools Buyer/Seller Snapshot
Purchase price$699,999
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

City
Kitchener
Postal code
N2G 2C7
Nearby
Cross Streets: Victoria St. /Belmont St. ** Directions: On Cherry Btwn Park St./Strange St.
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