72 Barbara
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+7 more
$1,299,000

72 Barbara

Kitchener, Ontario, N2M4N2

Active
9
Bedrooms
4
Bathrooms
8
Parking

About This Property

This 9-bedroom, 4-bathroom multi-family in Kitchener is available for your consideration. The home features baseboard heaters, natural gas heating, a full basement, a fireplace.

MLS Remarks

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 5.6% 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:60351)

Overview

Property Typeresidential
Sub-Typemulti-family
StatusActive
MLS #X12696614

Interior

HeatingBaseboard heaters, Natural gas
FireplaceYes
BasementFull

Exterior

Exterior FeaturesBrick

Parking

Total Spaces8

Fees & Taxes

Annual Taxes$7,340

Listing Information

MLS#: X12696614


Information is deemed reliable but not guaranteed. Data provided by the Canadian Real Estate Association (CREA) through the Data Distribution Facility (DDF). Listing data is updated regularly but may not reflect the most current information. All information should be independently verified.

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Mortgage Calculator

$
$259,800
5%20%50%
Estimated Monthly Payment
$5,776
/month
Mortgage
$1,039,200
Total Interest
$693,663

For illustration purposes only. Consult a mortgage professional for accurate rates.

Land Transfer Tax

$
Ontario LTT$22,455
Total Due on Closing$22,455

Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.

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