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Amazing Investment Opportunity with Endless Potential!This versatile property offers exceptional potential, thanks to RES-5 zoning, which allows for a variety of uses. Whether you're looking to duplex, or add additional dwelling units within the existing structure, establish an approved home-based business, or construct a new build, this property is the perfect fit.This bungalow with walk-out basement has 5 entrances (excluding the garage access) - 2 at the front accessing the main level, 1 at the rear of the main level and 2 at the rear accessing the basement. With 3 bedrooms on the main level (including the loft) and 2 bedrooms in the basement with the possibility of adding 2 more, this home is plenty spacious for potential in-law suite or a multi-generational living arrangement. Parking is never an issue here! The property boasts a circular driveway at the front with ample space, plus additional parking at the rear, accessible via a private rear driveway. The garage has direct access to the house and hosts a bonus bathroom. Need extra storage? The property also includes a shed and a storage container on-site. Don't miss out on this prime investment opportunity in a fantastic location, close to shopping, schools, public transit, and major highways. The potential here is limitless!
Security System, Storage Unit in Backyard.
City: Kitchener
Purchase Price | $1098888 |
Down Payment | $219778 |
Mortgage Insurance | $0 |
Total Mortgage | $879110 |
Mortgage Payment | $5417 |
Property Taxes | $520 |
Maintenance Fees | $0 |
Monthly Payment | $5937 |
Sold Comparables homes near 230 Highland Rd W, Kitchener
Located at 230 Highland Rd W , this Kitchener house is available for sale. This property was listed for $1,080,000 on Fri Mar 14 2025. This house's size is 1100-1500 Sqft. It has 3 bedrooms and 4 bathrooms. The property includes the following rooms: Foyer, Living, Primary, 2nd Br, Dining, Kitchen, Laundry, Bathroom, Bathroom, Living, Utility, Kitchen, Utility, 3rd Br, Dining, Kitchen, 4th Br, Rec, Bathroom, Bathroom. This property comes with 10 parking spots.
MLS#: X11975554 · $1,080,000 · 3 bedroom house in Kitchener