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! (id:2493)
Data was last updated October 22, 2026 at 07:45 PM (UTC)
Area Statistics
Listings on market:
55
Avg list price:
$549,999
Min list price:
$280,000
Max list price:
$1,688,800
Avg days on market:
29
Min days on market:
0
Max days on market:
386
Avg price per sq.ft.:
$431.76
These statistics are generated based on the current listing's property type
and located in
114 - Uptown Waterloo/North Ward. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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