287 Blucher Road, Kitchener, ON N2H 5V8
287 Blucher Road, Kitchener, ON N2H 5V8
287 Blucher Road, Kitchener, ON N2H 5V8
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Listed by Sam Abdallah • EXP REALTY
$900,000
Est. payment /mo
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7 Beds
4 Baths
2,417 SqFt
Active

287 Blucher Road Kitchener, ON N2H 5V8

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Mico Radulovic

Mico Radulovic

+1(519) 722-3434

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,417 sqft

Price per Sqft $372

MLS Listing ID 40806439

Style Split Level

Bedrooms 7

Full Baths 3

Half Baths 1

Abv Grd Liv Area 2,417

Annual Tax Amount $5,485

Property Sub-Type Detached

Source Cornerstone

Property Description

Cash-flowing DUPLEX legal with four rental units (4 kitchens) 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.

Location

Province ON

County Waterloo

Area 2 - Kitchener East

Zoning RES-4

Rooms

Basement Full, Finished

Main Level Bedrooms 2

Bedroom 2 3

Kitchen 4

Interior

Interior Features In-Law Floorplan

Heating Natural Gas

Cooling None

Fireplace No

Appliance Water Softener, Dryer, Refrigerator, Stove, Washer

Exterior

Roof Type Asphalt Shing

Lot Frontage 40.0

Garage No

Building

Lot Description Urban, Rectangular, High Traffic Area, Highway Access, Open Spaces, Park, Place of Worship, Public Transit, Quiet Area, Schools

Sewer Sewer (Municipal)

Water Municipal

Architectural Style Split Level

Structure Type Brick,Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 223230410

Ownership Freehold/None

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Mico Radulovic

Mico Radulovic

Real Estate Broker

+1(519) 722-3434

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