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$1,349,900
Available - For Sale
Listing ID: X10406018
ATTENTION VALUE-ADD INVESTORS! This purpose built sixplex currently consists of large 2 bedroom units generating $83k/yr in gross income. With a design to renovate and optimize this property adding 4 additional units, this property could generate over $211k/yr in gross income. This project is also a great opportunity to take advantage of the CMHC MLI Select program offering competitive interest rates and 40+yr amortizations. As per Bill 23 in Ontario any projects 10 units and under are exempt from site-plan approval. This project has not yet applied for permit but preliminary discussions with the city have been positive. Buyer to do their own due diligence. Reach out today for more information and for current and projected financials.
Price $1,349,900
Taxes: $9,508
Address: 59 Brybeck Cres , Kitchener, N2M 2C5, Ontario
Lot Size: 75 x 165 (Feet)
Directions/Cross Streets: WESTMOUNT/BRYBECK
Rooms: 36
Bedrooms: 8
Bedrooms +: 4
Washrooms: 6
Kitchens: 4
Kitchens +: 2
Family Room: N
Basement: Finished
No. of Pieces Level
Washroom 1:  4
Property Type: Multiplex
Style: 2-Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 10
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 3500-5000
Property Features: Place Of Wor
Public Transit
Rec Centre
School
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Radiant
Central Air Conditioning: None
Laundry Level: Lower
Elevator Lift: N
Sewers: Sewers
Water: Municipal
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Asking Price: $ Heating: $ /Year  
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FLUX REALTY

59 Brybeck Cres , Kitchener, N2M 2C5, Ontario

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MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Multiplex
Area: Waterloo
Municipality: Kitchener
Neighbourhood:
Style: 2-Storey
Lot Size: 75.00 x 165.00(Feet)
Approximate Age: 51-99
Tax: $9,508
Maintenance Fee: $0
Beds: 8+4
Baths: 6
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

  Email Us

HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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