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About the Listing KW362 - KWKW8651
Cash-flowing four-unit property 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.
Listing Highlights
Status
Active
Days on Site
8
Property Type
Residential
MLS ®
40806439
Year Built
Total Square Footage
2,417
Lot/Acreage
40 x
County
Waterloo
Area
2 - Kitchener East
Interior Details
- Bedrooms: 7
- Bathrooms: 2 Full
- Appliances: Water Softener, Dryer, Refrigerator, Stove, Washer
- Air Cond:
- Heating: Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2417
- Below Ground Sq Ft: n/a
- Basement: Full,Finished
- Other: In-Law Floorplan,2 Kitchens
- Water: Municipal
Exterior Details
- Lot Description: Urban,Rectangular,High Traffic Area,Highway Access,Open Spaces,Park,Place of Worship,Public Transit,Quiet Area,Schools
- Garage Capacity: N/A
- Parking Spaces: 6
- Lot Dimensions: 40 x
- Zoning: RES-4
- Roof: Asphalt Shing
- Others:
- Sewer: Sewer (Municipal)
- Parking Features: Private Drive Double Wide
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 223230410
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
287 Blucher Rd Kitchener, ON N2H 5V8
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