Key insights
This home is
415%
Time on Houseful
61 Days
School rated
6.4/10
Kitchener
-0.13%
Highlights
Description
- Home value ($/Sqft)$247/Sqft
- Time on Houseful61 days
- Property typeMulti-family
- Neighbourhood
- Median school Score
- Mortgage payment
Exceptional 21-unit multi-residential investment property in Kitchener with a current NOI of $243,341, reflecting a strong 5.48% cap rate on asking price. Suite mix: 1 bachelor, 12 one-bedroom, and 8 two-bedroom apartments, many with updated kitchens and baths. Gas fireplaces in each unit serve as a primary heat source, supplemented by electric baseboard heating. Tenants enjoy on-site parking and proximity to major transportation routes, retail, and amenities. Professional management in place. HST is in addition to the purchase price where applicable. Confidential rent roll and P&L available with executed attached CA. (id:63267)
Home overview
Amenities / Utilities
- Cooling None
- Heat source Electric, natural gas
- Heat type Baseboard heaters
- Sewer/ septic Municipal sewage system
Exterior
- # total stories 4
- # parking spaces 13
- Has garage (y/n) Yes
Interior
- # total bathrooms 0.0
Location
- Subdivision 114 - uptown waterloo/north ward
- Directions 2085762
Overview
- Lot size (acres) 0.0
- Building size 18000
- Listing # 40758467
- Property sub type Multi-family
- Status Active
SOA_HOUSEKEEPING_ATTRS
- Listing source url Https://www.realtor.ca/real-estate/28705071/416-lancaster-street-w-kitchener
- Listing type identifier Idx
The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-11,853
/ Month25 Years fixed, 20% down payment, % interest
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