26 Blucher St
Kitchener, N2H 5T6
FOR SALE
$1,499,900
Suspended
$0
➧
➧
Registration Required
Register for Sold Data Access
7
BEDROOMS5
BATHROOMS5
KITCHENS17
ROOMSX5550779
MLSIDContact Us
Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-03-25 | 2022-05-04 | 40 | $1,499,900 | - | Suspended |
Call
Property Description
Unique Opportunity To Have A Multiplex Conveniently Located Close To Downtown Kitchener & Uptown Waterloo. This Mature Building Contains A Total Of 5 Units: Two - 2 Bdr & Three - 1 Bdr (Two Units Are Fully Renovated, One Is Partially Renovated). Easy Access To Hwy 8/401. Close To Google Go Station, Multiple Colleges & Universities, Grand River Hospital, Manulife & Sunlife Buildings, Shops, Transit, Schools. Great Rental Potential. In-Building Coin Laundry Is Shared By All Tenants.
Extras
Existing: 5 Fridges, 5 Stoves, 3 Hood Fans, Coin Washer & Dryer, All Electrical Light Fixtures.
Property Features
Hospital, Park, Public Transit, School
Call
Property Details
Street
City
Property Type
Multiplex, 3-Storey
Approximate Sq.Ft.
3500-5000
Lot Irregularities
90.72Ft X 71.75Ft X 86.46Ft X 35.17Ft
Fronting
North
Taxes
$6,194 (2021)
Basement
Unfinished
Exterior
Vinyl Siding
Heat Type
Other
Heat Source
Other
Air Conditioning
None
Water
Municipal
Parking Spaces
7
Driveway
Private
Garage Type
None
Call
Similar Listings
ATTENTION VALUE-ADD INVESTORS! This purpose built sixplex currently consists of large 2 bedroom units generating $83k/yr in gross income. With a design to renovate and optimize this property adding 4 additional units, this property could generate over $211k/yr in gross income. This project is also a great opportunity to take advantage of the CMHC MLI Select program offering competitive interest rates and 40+yr amortizations. As per Bill 23 in Ontario any projects 10 units and under are exempt from site-plan approval. This project has not yet applied for permit but preliminary discussions with the city have been positive. Buyer to do their own due diligence. Reach out today for more information and for current and projected financials.
Call
Call