City of Kitchener Missing Middle Opportunity! A rare find that perfectly balances move-in-ready comfort with massive future potential. Set on a 152 ft deep lot with a 52' frontage, this property offers a prime opportunity for an Additional Dwelling Unit (ADU) or Multiplex development. Current conceptual drawings are available for a 4-plex transition, which may qualify for significant development charge waivers under the City of Kitchener's 2026 Missing Middle Grant program. The existing home has been meticulously maintained, featuring a metal roof, updated electrical and plumbing, a wrapped foundation, and modern insulation for maximum efficiency. Inside, the bright, open-concept main floor boasts high ceilings and thoughtful accessibility features, including 34" doorways and a front entrance already wired for a chair lift. The partially finished basement features a separate rear entrance and walkout, making it an ideal setup for a private in-law suite, income-generating rental, or Airbnb with further value add play. The Backyard features a hügelkultur garden, a newer shed/shop, and a foundation ready for a future sunroom. Located in Kitchener's family-friendly Southdale neighborhood, minutes from Activa Sports Complex, top schools, and Hwy 7/8. Investors/Developers/First Time Buyers, Secure your goldmine today and leverage the "Get Paid to Wait" strategy! Buyer to review and confirm all development potential, zoning, and grant eligibility with the City of Kitchener.