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
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 March 3, 2026 at 09:50 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:
36
Min days on market:
5
Max days on market:
257
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.