287 BLUCHER Road, Kitchener, Ontario, N2H5V8
MLS: 40806439 | House (Freehold)
$900,000
Property Description
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. (id:64974)
Quick Facts
- Property Type: House (Freehold)
- Bedrooms: 7 (5 above, 2 below)
- Bathrooms: 2
- Living Area: 2,417 sq ft (224.5 m²)
- Above Grade: 2,417 sq ft (224.5 m²)
- Ownership: Freehold
- Attached: No
- Parking: 6 spaces
- Frontage: 40 ft (12.2 m)
Costs
- Annual Taxes: $5,485.89
Listing Provided by: EXP REALTY
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Natural gas
- Cooling: None
- Basement: Finished, Full
- Appliances: Washer, Refrigerator, Water softener, Stove, Dryer
Exterior & Construction
- Exterior: Brick, Vinyl siding
- Sewer: Municipal sewage system
- Water: Municipal water
Lot & Land
- Frontage: 40 ft (12.2 m)
- Features: In-Law Suite
- Zoning: RES-4
Community & Neighbourhood
- Community: Quiet Area, High Traffic Area
- Subdivision: 212 - Downtown Kitchener/East Ward
Room Details (14 rooms)
Listing Information
Listing History
Buy/Sell/Terminated/Expired listing history for 287 BLUCHER Road, Kitchener, Ontario, N2H5V8
Location & Neighborhood
🚗 Travel times
Neighborhood Walkability
Mortgage & Cost Calculators
Nearby Homes (Within 2km)
Similar Homes
Similar Properties
No rental comparables found in this area.
Sold Comparables
Access to sold property data requires a registered and verified account with TRREB DDF integration.
Coming SoonRented Comparables
Access to rented property data requires a registered and verified account with TRREB DDF integration.
Coming Soon