287 BLUCHER Road, Kitchener, ON N2H5V8
287 BLUCHER Road, Kitchener, ON N2H5V8
287 BLUCHER Road, Kitchener, ON N2H5V8
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$900,000
Est. payment /mo
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7 Beds
4 Baths
2,417 SqFt
Active

287 BLUCHER Road Kitchener, ON N2H5V8

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Allan Cayenne

Allan Cayenne

+1(519) 589-5873

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2417

Square Footage 2,417 sqft

Price per Sqft $372

Subdivision 212 - Downtown Kitchener/East Ward

MLS® Listing ID 40806439

Bedrooms 7

Half Baths 1

Property Sub-Type Freehold

Property Description

Cash-flowing DUPLEX legal with four rental units (4 kitchens) at 287 Blucher Blvd generating $78,600 in annual rental income with an estimated NOI of $68,613 and ~7.6% cap rate at $900,000. Based on today's ~3.5% financing, the property projects approximately $2,400+ monthly positive cashflow after debt service. Diverse unit mix supports stable tenancy, making this an ideal turnkey investment for investors seeking immediate income and long-term appreciation in Kitchener. (id:24570)

Location

Province ON

Rooms

Kitchen 3.0

Extra Room 1 Second level Measurements not available 2pc Bathroom

Extra Room 2 Second level 8'0'' x 8'9'' Kitchen

Extra Room 3 Second level Measurements not available 3pc Bathroom

Extra Room 4 Second level 16'8'' x 1'5'' Bedroom

Extra Room 5 Second level 9'2'' x 11'3'' Bedroom

Extra Room 6 Second level 15'8'' x 11'4'' Primary Bedroom

Interior

Cooling None

Exterior

Parking Features No

Community Features High Traffic Area, Quiet Area

View Y/N No

Total Parking Spaces 6

Private Pool No

Building

Sewer Municipal sewage system

Others

Ownership Freehold

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Listed by EXP REALTY
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Allan Cayenne

Allan Cayenne

Agent

+1(519) 589-5873

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287 BLUCHER Road