Welcome to 32 Simeon Street — a value-add opportunity in a character-rich neighbourhood surrounded by beautifully restored century homes.
This legal duplex presents strong potential for investors seeking a renovation project with upside. The property is ideal for those looking to reposition, improve rental income, and build long-term equity. With the right improvements, this asset has the potential to deliver solid returns in a desirable, established area.
The existing structure offers two legal units, original hardwood flooring, generous natural light, and architectural details that add long-term appeal. Ample rear parking further enhances rental desirability and functionality.
Whether your strategy is to renovate and hold, modernize for stronger market rents, or explore future redevelopment possibilities, 32 Simeon Street offers the fundamentals investors look for: legal duplex status, character appeal, and a prime location poised for continued growth.
Property Type:
Residential Income
Property SubType:
Duplex Up/Down
Listing General Location:
212 - Downtown Kitchener/East Ward, 2 - Kitchener East
Bedrooms:
5
Bathrooms:
3.0
(Full:-/Half:-)
Lot Details:
32 x 91
Lot Depth:
91'27.7 m
Lot Frontage:
32'9.75 m
Frontage Type:
East
Kitchens:
0
County Or Parish:
Waterloo
Features:
Attached Garage: No, Crops Included: No, Garage: No, New Construction: No
Construction:
Brick, Vinyl Siding
Basement:
Separate Entrance, Full, Partially Finished
Foundation:
Stone
Roof:
Asphalt Shing
Number of Storeys:
2
Number of Buildings:
0
Other Structures:
None
Total Floor Area:
1,900 sq. ft.177 m2
Finished Area Above Grade:
1,900 sq. ft.177 m2
Fireplace:
false
Laundry Features:
In-Suite
Water Supply:
Municipal
Water Treatment:
No
Sewer:
Sewer (Municipal)
Cooling:
Other
Heating:
Natural Gas, Radiant
Other
Dryer, Refrigerator, Stove, Washer
Accessory Apartment
Separate Hydro Meters
false
No
Frederick St/Simeon St
No
HST Applicable To Sale Price:
Call LBO
Features:
Attached Garage: No, Crops Included: No, Garage: No, New Construction: No
Lease to Own Equipment:
None
Zoning:
R2B
Exposure / Faces:
West
Lot Site Features:
Rectangular, City Lot, Highway Access, Library, Park, Place of Worship, Playground Nearby, Public Parking, Public Transit, Regional Mall, School Bus Route, Schools
Features:
Attached Garage: No, Crops Included: No, Garage: No, New Construction: No
Data was last updated February 28, 2026 at 05:50 PM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$964,500
Min list price:
$559,000
Max list price:
$12,995,000
Avg days on market:
33
Min days on market:
2
Max days on market:
254
Avg price per sq.ft.:
$339.52
These statistics are generated based on the current listing's property type
and located in
2 - Kitchener East. Average values are
derived using median calculations. This data is not produced by
the MLS® system.