152 HOMEWOOD Avenue
Kitchener, Ontario
Multi-family
A rare and versatile opportunity in unbeatable central Kitchener location! 152 Homewood comprises a legal non conforming duplex, a garage (legal non-conforming), a separate office building (legal non conforming - no commercial occupancy permit available), and a large two storey concrete block structure with no assigned legal use. The offering spans two PINS and a combined 2.537 acres, including 0.676 acres of additional rear land uniquely bisected by the Iron Horse Trail and adjacent to Victoria Park. The site offers an abundance of parking. The rear portion features a private, tree lined, park like setting directly bordering the Iron Horse Trail, providing convenient access to cycling routes and Victoria Park. With multiple existing structures and significant land area, this property definitely presents some unique characteristics. Buyers are strongly encouraged to conduct due diligence with both the City of Kitchener and the Grand River Conservation Authority prior to submitting an offer. Are you The One to realize the potential of this distinctive Kitchener property?
Price History
Property
- Lot Size
- 2.54 acres
Schools
Elementary
- J F Carmichael Public School0.4 km
Public · Waterloo Region DSB · 485 students
Grade 3 reading: 72% met the provincial standard · Grade 6 math: 33% met the provincial standard
- St John Catholic Elementary School0.8 km
Catholic · Waterloo CDSB · 460 students
Grade 3 reading: 44% met the provincial standard · Grade 6 math: 43% met the provincial standard
- Queensmount Public School1.2 km
Public · Waterloo Region DSB · 370 students
Secondary
- Kitchener Waterloo Collegiate and Vocational School1.5 km
Public · Waterloo Region DSB · 1650 students
Grade 10 literacy: 88% met the provincial standard
- Cameron Heights Collegiate Institute1.7 km
Public · Waterloo Region DSB · 1765 students
Grade 10 literacy: 90% met the provincial standard
- Forest Heights Collegiate Institute2.5 km
Public · Waterloo Region DSB · 1555 students
Grade 10 literacy: 86% 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 N2M
- Population
- 36,494
- Private dwellings
- 16,113
- Median age
- 36.4
- Average household size
- 2.3
- Median household income
- $71,500
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
Multi-family in Kitchener · last 12 months
- Median sold price
- $665,000
- Homes sold
- 1,931
- Median days on market
- 20
- Sale-to-list price
- 101.0%
Based on 1,931 recorded sales of multi-family properties in Kitchener over the last 12 months.
Location
Mortgage Calculator
$169,800
Estimated Monthly Payment
$4,171
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,171/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $212/mo
Estimates only. Consult a financial advisor.
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