Overview
- Updated On:
- August 8, 2025
- 16,350 ft2
Description
Well-maintained 15-unit multi-residential property in Kitchener with a current NOI of $167,215, representing a 4.79% cap rate at asking price. Suite mix: 1 bachelor, 12 one-bedroom, and 2 two-bedroom apartments, several with updated kitchens and baths. Tenants enjoy on-site parking and close proximity to shopping, public transit, and major roadways. Strong rental history with potential for further income growth. HST is in addition to the purchase price where applicable. Confidential rent roll and P&L available upon execution of attached Confidentiality Agreement.
Address: 21 Balfour Crescent, Waterloo ON N2C 1Z6
City: Waterloo
State/County: Waterloo
Zip: N2C 1Z6
Country: CA
Open In Google Maps Property Id : 3040379
Price: $ 3,495,000
Property Size: 16,350 ft2
Other Features
Built-In Appliances
Has Heating System
Hot Water Tank Owned
Open Parking
Separate Heating Controls
Water Softener
$ 13,550.81
per month- Principal and Interest
- Property Tax
- HOA fee
$ 13,550.81
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