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Royal LePage
Royal LePage
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$1,385,000

Kitchener ON, N2M 4N2

MLS® # X12549862

Property Information:

An exceptional opportunity for investors or owner-occupants, 72 Barbara Crescent offers a superior unit mix of three two-bedrooms and one three-bedroom, generating a 5.2% CAP rate with additional upside. Major capital items are complete, including a 2021 roof, 2020 windows, electrical split with copper wiring and breaker panels (2021), and full unit renovations with quality finishes. Ideally located near Westmount Rd E and Highway 8, the property sits in a strong rental pocket and offers future development potential on its generous lot-making this a turnkey, income-producing asset with long-term upside. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Floor Space: 8224 sqft
  • Heating Type: Baseboard heaters, Hot water radiator heat
  • Heating Fuel: Natural gas
  • Cooling Type: None

Property Features:

  • Property Type: Multi-family
  • Floor Space (approx): 8224 Square Feet
  • Irregular: Yes
  • Lot Frontage: 50.4 Feet
  • Lot Size: 50.43 FT
  • Zoning: R4

Courtesy of: EXP REALTY

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 72 BARBARA CRESCENT, Kitchener, Ontario, N2M 4N2

Demographic Information of 72 BARBARA CRESCENT, Kitchener, Ontario, N2M 4N2

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$104,935.13

Average Number of Children

1.66

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.78 %

High school certificate or equivalent

30.5 %

Apprenticeship trade certificate/diploma

10.29 %

College/non-university certificate

20.67 %

University certificate (below bachelor)

0.8 %

University Degree

19.96 %

Commuter

Travel To Work

By Car

89.65 %

By Public Transit

3.79 %

By Walking

0.5 %

By Bicycle

1.8 %

By Other Methods

4.26 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

37.43 %

Houses

62.57 %

Own Vs. Rent

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