58 HAZELGLEN Drive, Kitchener, ON N2M2E3
58 HAZELGLEN Drive, Kitchener, ON N2M2E3
58 HAZELGLEN Drive, Kitchener, ON N2M2E3
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Paul Shantz

Paul Shantz

+1(519) 829-8656
$1,599,000
Est. payment /mo
12 Beds
6 Baths
6,150 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 6150

Square Footage 6,150 sqft

Price per Sqft $260

Subdivision 323 - Victoria Hills

MLS® Listing ID 40835295

Bedrooms 12

Year Built 1974

Property Sub-Type Freehold

Property Description

Excellent location close to downtown, bus service, short distance to the universities, library, public pool, shopping, and the expressway. Very attractive investment in a good area close to all amenities. Always rented and 5 units have been renovated. All have newer windows, extra insulations in the attic and ring joyce, all are metered separately for hydro, each has a private patio area and newer fencing, at least one parking spot each. Close to shopping and schools. New roof in May/26, new boiler and tank in 2/25. Very efficient gas boiler hot water heating so they can pay you more rent. With a 5.0 cap rate this is a very easy property to finance, let the rent pay your mortgage and in 25 years you have an excellent retirement income of over 100,000 per year. Most tenants have been here for over 5 years so if a few move the rent at current values would spike substantially. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Baseboard heaters,

Cooling None

Exterior

Parking Features No

Community Features Community Centre

View Y/N No

Attached Garage No

Total Parking Spaces 10

Garage No

Private Pool No

Building

Story 2

Sewer Municipal sewage system

Others

Ownership Freehold

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Paul Shantz
Paul Shantz

Agent | License ID: 6008661

+1(519) 829-8656

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58 HAZELGLEN Drive

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