Listed for:Listed Sep 8, 2026
$874,900

46 Cherry Street

Kitchener (Cherry Hill), ON N2G 2C6

Multiplex For Sale
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 46 Cherry Street, Kitchener, Cherry Hill

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 46 Cherry Street, Kitchener, Cherry Hill

Summarized Description

  • Rare income-producing setup with three separate units.
  • Turnkey investment opportunity with furnished units.
  • Beautifully landscaped backyard backing onto Cherry Park.
  • Two-storey garage and cozy bunkie for storage.
  • Convenient central location with easy access to amenities.
  • Proven success as an Airbnb property.
  • Versatile layout suitable for multi-generational living.

A rare opportunity in a highly convenient central location! Built in 1919, this charming century home combines timeless character with an impressive income-producing setup. With easy access to the 401, LRT, schools, shopping and the hospital, this property offers both convenience and versatility.Currently operating successfully as an Airbnb, the home features three separate, fully equipped units - two 1-bedroom suites and a spacious 2-bedroom unit. Each unit comes complete with appliances and furnishings, making this a truly turnkey investment opportunity.Outside, the beautifully landscaped and tiered backyard offers a peaceful retreat and backs directly onto scenic Cherry Park. Additional features include a unique two-storey garage and a separate cozy bunkie, providing excellent storage and added flexibility.Whether you're looking for a proven income property, a multi-generational home, or a residence with the potential for multiple living spaces, this one-of-a-kind property offers plenty of possibilities in a location that is hard to beat.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$5,469
Land Transfer Tax Fee
$13,973

Rental Items

Rental Equipment
Hot Water Heater

Basement Type
Finished, Separate Entrance

Interior Features

Interior Extras
Separate Hydro Meter
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Backs On Green Belt
Pool
None
Property Features
Greenbelt/Conservation, Fenced Yard, Place Of Worship, Public Transit, School
Other Structures
Aux Residences

Building

Building Type
Multiplex
Building Style
2 1/2 Storey
Approx Age
100+

Construction

Exterior Finish
Vinyl Siding, Brick
Roof
Asphalt Rolled
Foundation Details
Poured Concrete
Special Designation
Unknown

Lot

Lot Front
33.06 ft
Lot Depth
166.07 ft

Inclusions

Inclusions
All appliances: Fridge x3, Stove x3, Microwave x2, Stackable Washer/Dryer x3, All furniture

Exclusions

Exclusions
Tenants belongings

Parking & Garages

Garage Type
Detached
Garage Spaces
1
Parking Spaces
4
Total Garage And Parking Spaces
5

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
3 + 1
Washrooms
3
Kitchens
3
Family / bonus room
Yes

Washrooms

  • 4-piece, Second
  • 4-piece, Second
  • 3-piece, Basement

Municipality
Kitchener
Neighbourhood
Cherry Hill
Main cross streets
Between Strange St and Park St
Zoning
R4
Directions
Park St to Cherry St

MLS® number
X13756402
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-08
Updated on
2026-10-13
Days on market
37 days
Possession type
Flexible
Co-op commission
2%
Seller
Listed by
CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD

Home Market Value

Current home valuation for 46 Cherry Street, Kitchener, Cherry Hill, Kitchener, ON. Listed for $874,900

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 46 Cherry Street, Kitchener, Cherry Hill

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Kitchener, ON
Minimum Down Payment Required:7.1%

5% on first $500K + 10% on $374,900 over $500K

Minimum down payment

$62,490

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$32,476$24,410$20,823$0
=Total mortgage
$844,383$811,820$764,488$699,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$4,123monthly$3,964monthly$3,733monthly$3,417monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$13,973

Total Land Transfer Tax

$13,973

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0/100Minimal Transit
0/100Not rated
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