Welcome to 121 Water Street S — a 1910 Craftsman home where historic charm meets modern living, right in the heart of downtown Kitchener. Backing onto Victoria Park with lake views and just steps to the Iron Horse Trail, festivals, schools, Google, GO & ION transit, City Hall, shopping, and hospitals — this location is unmatched. This beautifully maintained 3-bedroom, 2-bath home features award-winning Kitchener Blooms gardens and blends original architectural detail with stylish updates. The welcoming front porch leads into a formal living room perfect for entertaining, and then a bright, open-concept kitchen and dining area, all with expansive windows and views. A versatile bonus room with its own entrance offers a cozy retreat or home office space. Upstairs, find three bedrooms, a 4-piece bath, and attic access with future potential. The basement includes a 4-piece bath, laundry, workshop, rec space, and generous storage. Year-round blooms grace the boulevard garden, while the lush rear and side yard offers a private urban oasis. Thoughtfully updated from 2018–2025, including new windows, kitchen, baths, appliances, furnace, electrical, plumbing, and more. Once a non-conforming duplex, existing infrastructure (like second-floor plumbing and electrical rough-ins) offers future flexibility for an in-law suite or multi-generational living. Located in the Victoria Park Heritage District, this rare gem is ideal for those who love history, nature, and vibrant city life.