8 ONWARD

Home Details

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! (id:39198)

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Additional media

https://www.eerealestate.ca/8-onward-ave

Property taxes

$4,123.97 per year / $343.66 per month

Basement

Finished, Full

Year build

-

Type

Multi-family

Bedrooms

4

Bathrooms

3

Parking spots

4 Total

Floor

-

Balcony

-

Pool

-

External material

Brick | Aluminum siding

Roof type

-

Lot frontage

-

Lot depth

-

Heating

Forced air, Natural gas

Fire place(s)

-