24 ONWARD Avenue

About this home.

Excellent investment opportunity with long-term tenants already in place until May 2027.Welcome to this charming 2-storey detached home situated on a deep lot in one of Downtown Kitchener’s most sought-after locations. Blending timeless character with thoughtful modern upgrades, this property offers both lifestyle and investment appeal. The home features updated kitchens on both the main floor and basement, reflecting true pride of ownership throughout. A standout feature is the fully renovated in-law suite with a separate entrance, complete with 1 bedroom, a modern kitchen, a 3-piece bathroom, large basement windows allowing abundant natural sunlight, and an ESA-approved centrally wired fire alarm system, ideal for rental income, extended family, or mortgage support. Enjoy your own private garden oasis, perfect for relaxation or entertaining, while being just steps from Kitchener City Hall, ION LRT, Charles Street Terminal, and Kitchener Market. Quick access to Highway 7/8 ensures seamless connectivity. Over $60K worth of Key Updates & Features: •A/C (2019) • Roof (2022) • Owned Hot Water Tank (2021) • Recently updated windows • 200 AMP electrical panel • ESA-approved central wired fire alarm system throughout • New wiring and most appliances (2024) • New concrete sidewalk and additional driveway (2024) A rare opportunity to own a character-filled home in a prime urban location with strong future appreciation potential Specially with SGA-1 Zonning . (id:59491)

The full record.

How this listing prices against Downtown Kitchener/East Ward.

Downtown Kitchener/East Ward had 9 sales and 83 active listings, making it one of the looser markets in the city. The average sale price was $703,767, close to the city median, but homes took 37 days to sell and closed at 96.65 percent of list, which signals slower absorption. This neighbourhood is clearly split between a firmer freehold segment and a much heavier condo inventory. Buyers have choice here, especially in apartments.

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