46 CHERRY Street

1 / 40

$874,900

46 CHERRY Street

Downtown Kitchener/W. Ward, Kitchener · MLS® 40860692

435

2,528 sq ft · House · Multi-family · built 1919 · 46 days on market

listed by LEE QUAILE, Chestnut Park Realty Southwestern Ontario Limited

realtor's description

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!

property details

type: House, Multi-family
bedrooms: 4
bathrooms: 3
living area: 2,528 sq ft
parking: 5
year built: 1919
property tax: $5,469 / yr
days on market: 46
MLS®: 40860692

features

Shared Driveway
School Bus

monthly cost

$4,268/mo

Mortgage $3,812 · Tax $456

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$3,812/ monthly

loan $699,920

25-year amortization

down payment20% · $174,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $443,637
cash to close: $174,980; down payment; transfer tax and fees not included
total paid: $1,143,557

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.