91 Secord Ave
Kitchener, N2B 2L3
FOR SALE
$1,590,000
Sold
$1,600,000
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9 + 3
BEDROOMS5
BATHROOMS5
KITCHENS5
ROOMSX5426359
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-11-08 | 2022-01-21 | 79 | $1,590,000 | $1,600,000 | Sold |
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Property Description
Unique Opportunity! Stanley Park Fiveplex Close To Schools, Shopping, Hwy, Tim Hortons, Starbucks, Kpl, Community Pool, & More . Original Triplex With 2-3Bedrooms And 1-2Bedroom, And Newer Duplex Finished Back In 2007 With 2-2 Bedrooms. New Duplex Has Separate Entrances, With Patio And Deck, Main Floor Has Washer/Dryer Hook Up, Perfect For Owner Ocupancy. All Tenants Are Paying Their Own Hydro.
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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.
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