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Royal LePage
Royal LePage
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$1,385,000

Kitchener ON, N2M 4N2

MLS® # 40788890

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.

Inclusions: Other

Building Features:

  • Floor Space: 1932 Square Feet

Property Features:

  • Bedrooms: 0
  • Acres Range: < 0.5
  • Basement: Full, Unfinished
  • Construction Materials: Brick, Concrete
  • Cooling: None
  • Driveway Parking: Outside/Surface/Open
  • Floor Space (approx): 1932 Square Feet
  • Heating: Baseboard, Forced Air, Natural Gas
  • Interior Features: Other
  • Laundry Features: Other
  • Lot Features: Highway Access, Open Spaces, Park, Public Transit
  • Lot Frontage: 50.43 Feet
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: R4
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 8

Courtesy of: EXP Realty Brokerage

Data provided by: Barrie & District Association of REALTORS® 676 Veterans Dr., Barrie, Ontario L9J 0H6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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⚠ Potential Investment Performance

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Location of 72 Barbara Crescent, Kitchener, ON, N2M 4N2

Demographic Information of 72 Barbara Crescent, Kitchener, ON, 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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