287 BLUCHER Road, Kitchener, Ontario, N2H5V8
MLS: 40806439 | House (Freehold)
$900,000
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:64974)
Quick Facts
- Property Type: House (Freehold)
- Bedrooms: 7 (5 above, 2 below)
- Bathrooms: 4 (1 half)
- Living Area: 2,417 sq ft (224.5 m²)
- Above Grade: 2,417 sq ft (224.5 m²)
- Ownership: Freehold
- Attached: No
- Parking: 6.0 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 (18 rooms)
Listing Information
Listing History
MLS listing activity for 287 BLUCHER Road, Kitchener, Ontario, N2H5V8 — dates reflect when changes were recorded in the DDF
Location & Neighborhood
🚗 Travel times
Neighborhood Walkability
Mortgage & Cost Calculators
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Property Comparables ?Active Comparables — Search CriteriaSearch Radius2 kmPrice Range±15%Match Home TypeYesMatch BedroomsYes
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287 BLUCHER Road, Kitchener, Ontario, N2H5V8