46 CHERRY Street

About this home.

Centrally located in a prime area with seamless access to the 401, LRT, schools, shopping, and the hospital, this charming century home built in 1919 offers a perfect blend of character and convenience. Currently operated as a successful AirBnB, it features three separate, fully-equipped units: two 1-bedroom suites and one spacious 2-bedroom unit, all with appliances and furnishings included for a turnkey experience. The beautifully tiered backyard backs onto the scenic Cherry Park, adding a serene touch to the property's lush landscaping. With a unique two-storey garage and a separate cozy bunkie, this home is an ideal high-income investment or a fantastic, flexible family residence! (id:59491)

The full record.

How this listing prices against Downtown Kitchener/W. Ward.

Downtown Kitchener/W. Ward saw 4 sales and 73 active listings, so inventory is far outpacing recent closings. The average sale price was $662,250, below the city average, while homes took 28 days to sell and closed at 96.89 percent of list, close to city norms on price but slower on volume. This is a condo-heavy market where supply is the defining feature right now. Buyers have substantial selection, especially in apartment units.

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