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46 2 Avenue

46 2 Avenue

Kitchener, Ontario

2 bed • 2 bath • Single Family

$750,000

OPPORTUNITY KNOCKS! 66'X132' WALKOUT LOT WITH OPTION FOR SEVERENCE FOR TWO 33'X132' LOTS BOTH WITH SERVICES (Water, sewer) ALREADY INSTALLED TO BOTH PROPERTY LINES. Great development opportunity! Possibility for a Building permit approval for UP TO 4 units on each lot is possible and Full designs are available for submission to the City of Kitchener. (Designer can adjust to 2 Triplexes if preferred). All surveys with grading plan included. This combined opportunity increases the potential to develop a total of eight units. projected rent for these 4 units is around 11,000 /month each or $22,000 total per month. Amazing location, easy access to expressway, walking distance to Eastwood High School Kingsdale Community Centre, parks, Shopping. Call today, start digging tomorrow! OR This property could also be bought as your primary residence with two bedrooms on the main floor and plenty of finished space in the basement along with an extra 3 piece bath. Detached garage and extra long driveway for parking up to 4 vehicles. FURNITURE IS NEGOTIABLE.

Price History

Schools

Elementary

  • Sunnyside Public School0.4 km

    Public · Waterloo Region DSB · 310 students

  • Wilson Avenue Public School0.9 km

    Public · Waterloo Region DSB · 515 students

    Grade 3 reading: 60% met the provincial standard · Grade 6 math: 46% met the provincial standard

  • Rockway Public School0.9 km

    Public · Waterloo Region DSB · 220 students

    Grade 3 reading: 27% met the provincial standard · Grade 6 math: 26% met the provincial standard

Secondary

  • Eastwood Collegiate Institute0.7 km

    Public · Waterloo Region DSB · 1270 students

    Grade 10 literacy: 84% met the provincial standard

  • St Mary's High School2 km

    Catholic · Waterloo CDSB · 2240 students

    Grade 10 literacy: 94% met the provincial standard

  • Cameron Heights Collegiate Institute2.4 km

    Public · Waterloo Region DSB · 1765 students

    Grade 10 literacy: 90% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area N2C

Population
17,681
Private dwellings
7,494
Median age
36.8
Average household size
2.4
Median household income
$70,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Single Family in Kitchener · last 12 months

Median sold price
$665,000
Homes sold
1,923
Median days on market
20
Sale-to-list price
101.0%

Based on 1,923 recorded sales of single family properties in Kitchener over the last 12 months.

Location

Mortgage Calculator

$150,000

Estimated Monthly Payment

$3,685

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $3,685/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $188/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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Reita said:

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