ON
Kitchener
N2M2E3
58 HAZELGLEN Drive
58 HAZELGLEN Drive, Kitchener, ON N2M2E3
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Listing Type
Multi Family
Listing Status
Active
18
$1,599,000

Home Details for 58 HAZELGLEN Drive

Price
$1,599,000
Type
Residential Income
Bedrooms
12
Total Bathrooms
6
Year built
1974
Listing #
40835295
Property Description

Excellent location close to downtown, bus service, short distance to the universities, library, public pool, shopping, and the expressway. Very attractive investment in a good area close to all amenities. Always rented and 5 units have been renovated. All have newer windows, extra insulations in the attic and ring joyce, all are metered separately for hydro, each has a private patio area and newer fencing, at least one parking spot each. Close to shopping and schools. New roof in May/26, new boiler and tank in 2/25. Very efficient gas boiler hot water heating so they can pay you more rent. With a 5.0 cap rate this is a very easy property to finance, let the rent pay your mortgage and in 25 years you have an excellent retirement income of over 100,000 per year. Most tenants have been here for over 5 years so if a few move the rent at current values would spike substantially. (id:31684)

Property Features
  • Heating Information
    • Baseboard
    • Natural Gas
  • Cooling Information
    • None
Listing Courtesy: CENTURY 21 HERITAGE HOUSE LTD.
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EXIT REALTY MATRIX, BROKERAGE
785 Notre Dame, PO BOX 1345 , Embrun, ON K0A 1W0
Nicolas Sigounis
License #: 6002787
Sales Representative
Office
613 443 4300
Agent
613 859 9331
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