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.
4 bedrooms, 3 bathrooms, about 1,500 sq ft, works out to roughly $467 per square foot. Chat with Zara if you'd like a deeper read on whether this duplex fits your budget and timing.Ask Zara a follow-up
Inside 59 Cherry St
Every detail from the listing, in one place.
Type
Duplex
Style
2 1/2 Storey
Living space
1500-2000 sq ftas stated on the listing
Parking
6 spacesYes garage
Basement
Finished, Separate Entrance
Features & systems
Parking & garage
Garage
Yes
Parking spaces
6
Interior
Basement
Finished · Separate Entrance
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2 1/2 Storey
Property class
Duplex
59 Cherry St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13875316$699,999
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 59 Cherry St Compares to the Kitchener Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,439
/mo
based on the purchase price of $699,999
$140,000 cash
$559,999 financed
$471,666 total interest
Principal54%$559,999
Interest46%$471,666
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from PropTx or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from PropTx or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from PropTx, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Kitchener
Other 3–4 bed homes for sale in Kitchener around $700K.
Average days on market29Homes sold in about 29 days on average.
Sale-to-list ratio101.2%On average, homes sold at or above asking.
Active listings765Homes for sale here right now.
Median vs prior 90 days−0.7%Compared with Apr 11 – Jul 10, 2026: prices down.
Based on 811 sales from Jul 10 – Oct 8, 2026 (517 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
59 Cherry St is listed at $699,999 (MLS® X13875316). Summitly updates the price as soon as the MLS® record changes.
Is $699,999 a good price for 59 Cherry St?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Kitchener. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 59 Cherry St changed?
No — 59 Cherry St is still listed at its original asking price of $699,999.
How many bedrooms and bathrooms does 59 Cherry St have?
59 Cherry St has 4 bedrooms and 3 bathrooms, with about 1,500–2,000 square feet of living space. It is a duplex in Kitchener.
Is 59 Cherry St close to transit?
The nearest rapid-transit station is Central Station (ION), about 850 m (about a 11-minute walk) in a straight line. Victoria Park Station is about 1.1 km (about a 14-minute walk), and Grand River Hospital Station is about 1.1 km (about a 14-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 59 Cherry St?
About $3,439 a month — principal and interest on $699,999 with 20% down ($140,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 59 Cherry St compare with other homes in Kitchener?
Its asking price of $699,999 is about 4% above the median sold price in Kitchener over the last 90 days, $670,000, across 811 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 59 Cherry St been sold before?
Summitly has no earlier MLS® sale or lease of 59 Cherry St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 59 Cherry St?
59 Cherry St is in Kitchener, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 59 Cherry St been on the market?
59 Cherry St was listed today (October 8, 2026).
What is the price per square foot of 59 Cherry St?
About $350 to $467 per square foot: the asking price of $699,999 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 59 Cherry St have parking or a garage?
Yes — the listing gives 6 parking spaces. Garage: Yes.
