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About the Listing 356100 -
Attention Investors, Flippers & Families! Rare Midtown Corner Lot with massive potential available for the first time in 40+ years! This 1902 detached home sits on a premium 40' x 119' corner lot in a rapidly appreciating Midtown pocket near DTK, transit, and the Spur Line Trail. Surrounded by $1M+ redevelopments, this property offers ultimate flexibility for a high-end family renovation or a high-yield investment project. The existing 2-bed, 1.5-bath character home features great bones and excellent holding value. Major mechanical updates offer immediate peace of mind, including a furnace replaced in 2025 and a newer main roof from 2020. Move in, rent out, or renovate while finalizing your permits. The high density RES-5 zoning and dual street exposure are perfectly primed for intensification under Kitchener's "Growing Together" framework. Capitalize on the corner configuration for separate unit entrances and streamlined parking logistics to build cluster townhouses, a multi-unit conversion, or an accessory dwelling. Best of all, leverage the "10 unit threshold" for an expedited Zoning Certificate process, bypassing complex site plans. Whether you want to restore a piece of history or build a multi-unit legacy project, this prime piece of Midtown's future is a must-see!
Interior Details
- Bedrooms: 2
- Bathrooms: 2 Full
- Appliances:
- Air Cond: Wall Unit(s)
- Heating: Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished
- Other: Water Heater Owned,Workbench
- Water:
Exterior Details
- Garage Capacity: 1 car
- Roof: Asphalt Shingle
- Others: Hospital,Place Of Worship,Public Transit,School
- Sewer: Sewer
- Parking Features: Attached,Has Garage
Financial Details
- Tax Amount: $3,488
- Taxes w/Assessments: N/A
- Tax/Property ID: 223260231
- Tax Year: 2025
Payment Calculator
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427 Duke St W Kitchener, ON N2H 3Y6
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