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Home ON Kitchener - Cambridge - Waterloo Kitchener Mt. Hope Huron Park
287 BLUCHER Road
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287 BLUCHER Road $900,000
5 days ago
$900,000
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287 BLUCHER Road
Kitchener, Ontario N2H5V8

MLS® Number: 40806439
5 + 2
Bedrooms
2
Bathrooms
2417
Square Feet

Listing 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. (70192826)

Property Summary

Property Type
Single Family
Building Type
House
Square Footage
2417 sqft
Subdivision Name
212 - Downtown Kitchener/East Ward
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$5,485.89
Total Parking Spaces
6
Time on REALTOR.ca
5 days

Building

Bedrooms
Above Grade
5
Below Grade
2
Bathrooms
Total
2
Interior Features
Appliances Included
Dryer, Refrigerator, Stove, Water softener, Washer
Basement Type
Full (Finished)
Building Features
Features
In-Law Suite
Style
Detached
Total Units
1
Heating & Cooling
Cooling
None
Heating Type
(Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Vinyl siding
Neighbourhood Features
Community Features
High Traffic Area, Quiet Area
Amenities Nearby
Park, Place of Worship, Public Transit, Schools
Parking
Total Parking Spaces
6

Measurements

Square Footage
2417 sqft
Above Grade Finished
2417 sqft
Source: Other

Rooms

MetricImperial
Main level
3pc Bathroom
Bedroom
Bedroom
Kitchen
Living room
Kitchen
Dining room
Living room
Second level
3pc Bathroom
Bedroom
Bedroom
Primary Bedroom
Basement
Bedroom
Bedroom

Land

Lot Features
Frontage
40 ft
Other Property Information
Access
Highway access
Zoning Description
RES-4
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