PRICE $725,000
3 BEDROOMS
3 BATHROOMS
Welcome to 8 Onward!
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 a triplex 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!
Click here to view the combined land trust for 8 & 12 Onward Ave.
Additional Information
Possession | Immediate / TBD
Property Taxes | $4,123.97 / 2024
Size | 1,431 square feet
Lot Size | 35 x 166 feet
Parking | 4 car parking
Inclusions | Dishwasher, dryer, microwave, refrigerator, stove, washer, window coverings
About the Neighbourhood | Kitchener
Kitchener is an innovative, caring and vibrant city. We have a proud history of community-building – inspiring and supporting people to work together to create a city that feels like home for everyone.
Kitchener is a place for everyone. It’s a place where people come from across Canada and the world to put down roots. They’re joining vibrant neighbourhood communities and enriching them with new businesses, cultures to celebrate and innovative ideas to share. It’s a place where people have a passion for city-building – they’re inspired by what Kitchener is becoming and they want to be a part of its vibrant future.
Kitchener is also a City of the Future. We’re the anchor of Canada’s Innovation Corridor, and our startup density is second only to Silicon Valley. We’re the fastest growing startup ecosystem in Canada, creating 30,000 tech jobs in the past 20 years.
Kitchener is a city where beautiful brick factories have been transformed into condos that flank a modern light rail system. It’s a city where you can find established, tree-lined neighbourhoods and new neighbourhoods creating their own sense of community.
It’s one of the fastest-growing cities in Canada, and it knows that a city built on bold ideas needs voices.
No matter who you are or where you come from, you belong in Kitchener.
To learn more, click here.
Alice Kent,
Sales Representative
416.728.2974
alice@alicekent.ca
Erik Erwin,
Sales Representative
226.240.3695
Erik.Erwin@ChestnutParkWest.com
Chestnut Park realty Southwestern Ontario Ltd., Brokerage