$699,999
Est. payment $3,099/moCalculate yours
59 Cherry Street, Kitchener, ON N2G 2C7
Kitchener, ON N2G 2C7
- 4 Beds
- 3 Baths
- 1 Garage
- 1,500 Sq Ft
Listing courtesy of SUTTON GROUP-ASSOCIATES REALTY INC. MLS® X13875316
About this home
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.
Property details
Overview
- Property Type
- Duplex
- Style
- 2 1/2 Storey
- For
- For Sale
- Status
- New
- Size
- 1,500 sqft
Interior
- Bedrooms
- 4
- Bathrooms
- 3
- Kitchens
- 3
- Basement
- Finished, Separate Entrance
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick, Aluminum Siding
- Foundation
- Block
- Roof
- Shingles
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 40 x 166 Feet
- Parking
- Detached garage · 6 total
- Zoning
- R-4
Financial
- Property Taxes
- $4,780 (2026)
Location
- Cross Street
- Victoria St. /Belmont St.
- Direction Faces
- South
Listing
- MLS® Number
- X13875316
- Days on Market
- 10
- Listed On
- 2026-10-08
- Possession
- TBD
- Listed By
- SUTTON GROUP-ASSOCIATES REALTY INC.
Features
Interior
- None
Pool
- None
- Included
- 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)
- Excluded
- Tenants Belongings
Mortgage calculator
Estimated mortgage payment
$3,099 per month
- Principal and interest
- $3,099
- Property tax
- $398
- Condo fees
- $0
- Estimated monthly cost
- $3,498
Your mortgage
- Mortgage amount
- $559,999
- Mortgage insurance
- Not needed
- Interest over 25 years
- $369,834
Cash to close
- Down payment
- $140,000
- Land transfer tax
- $10,475
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $150,475
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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