Listed for:Listed 7 days ago
$699,999

59 Cherry Street

Kitchener (Cherry Hill), ON N2G 2C7

Multiplex For Sale
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 59 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 59 Cherry Street, Kitchener, Cherry Hill

Summarized Description

  • Ideal for investors and multi-generational families.
  • Versatile layout for rental income opportunities.
  • Spacious unfinished attic for future development.
  • Potential to build a garden suite.
  • Located in a historic and desirable neighborhood.
  • High walkability and biking scores enhance lifestyle.
  • Combines vintage charm with modern investment potential.

Attention investors, multi-generational families, and savvy house-hackers! Welcome to 59 Cherry Street perfectly situated in Kitchener's historic and highly desirable Cherry Hill/Mill-Courtland neighbourhood. Perfectly suited for multi-generational families, house-hackers, or long-term investors, this property seamlessly blends vintage warmth with rare development upside; long-term rental income, or a unique short-term boutique destination. Boasting an incredible 9.2/10 "Biker's Dream" rating and an ultra-walkable score, the home offers a lifestyle of pure convenience. Inside, the versatile layout is set up as a live-in mortgage helper or a high-yield investment, with the added bonus of a spacious, unfinished attic awaiting your creative touch-perfect for a future primary retreat, studio, or loft. Outside, the deep backyard offers the unique and lucrative potential to build an additional garden suite, providing a clear path for future expansion or an entirely separate income stream This property delivers the perfect balance of 1920s nostalgia and modern financial opportunity.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,780
Land Transfer Tax Fee
$10,475

Rental Items

Under Contract
Hot Water Heater

Basement Type
Finished, Separate Entrance

Interior Features

Laundry Level
Lower Level
Interior Extras
None
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Deck, Porch, Privacy
Pool
None

Building

Building Type
Multiplex
Building Style
2 1/2 Storey

Construction

Exterior Finish
Brick, Aluminum Siding
Roof
Shingles
Foundation Details
Block
Special Designation
Unknown

Lot

Lot Front
40.00 ft
Lot Depth
166.00 ft

Inclusions

Inclusions
Main Floor: Stainless Steel Fridge, Stove & Microwave & Range Hood | 2nd Fl: Fridge & Stove | Bsmt: Fridge & Washer & Dryer | 3 Deep Freezers (1 in attic & 2 in basement)

Exclusions

Exclusions
Tenants Belongings

Parking & Garages

Garage Type
Detached
Garage Spaces
1
Parking Spaces
5
Total Garage And Parking Spaces
6

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer
Natural Gas
Yes
Hydro
Yes
Cable
Yes

Bedrooms
4
Washrooms
3
Kitchens
3

Washrooms

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

Municipality
Kitchener
Neighbourhood
Cherry Hill
Main cross streets
Victoria St. /Belmont St.
Zoning
R-4
Directions
On Cherry Btwn Park St./Strange St.

MLS® number
X13875316
Data source
Toronto Regional Real Estate Board
Listed on
2026-10-08
Updated on
2026-10-08
Days on market
7 days
Possession type
60-89 days
Co-op commission
2.5% +HST
Seller
Listed by
SUTTON GROUP-ASSOCIATES REALTY INC.

Home Market Value

Current home valuation for 59 Cherry Street, Kitchener, Cherry Hill, Kitchener, ON. Listed for $699,999

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 59 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:6.4%

5% on first $500K + 10% on $199,999 over $500K

Minimum down payment

$45,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$26,180$19,530$16,660$0
=Total mortgage
$680,679$649,529$611,659$559,999
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$3,323monthly$3,171monthly$2,986monthly$2,734monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$10,475

Total Land Transfer Tax

$10,475

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