Property Information:

Excellent location close to downtown, bus service, short distance to the universities, library, public pool, shopping, and the expressway. Very attractive investment in a good area close to all amenities. Always rented and 5 units have been renovated. All have newer windows, extra insulations in the attic and ring joyce, all are metered separately for hydro, each has a private patio area and newer fencing, at least one parking spot each. Close to shopping and schools. New roof in May/26, new boiler and tank in 2/25 and new fences in 2024/2025. Very efficient gas boiler hot water heating so they can pay you more rent. Let the rent pay your mortgage and in 25 years you have an excellent retirement income of over 100,000 per year. Most tenants have been here for over 5 years so if a few move the rent at current values would spike substantially. (id:27)

Building Features:

Style: Multiplex
Basement Development: Unfinished
Basement Type: Full
Exterior Finish: Aluminum siding, Concrete
Floor Space: 6150 sqft
Foundation Type: Poured Concrete
Heating Type: Baseboard heaters
Heating Fuel: Natural gas
Cooling Type: None

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Bedrooms: 12
Bathrooms: 6
Access Type: Road access, Highway access
Amenities Nearby: Hospital, Park, Playground, Public Transit, Schools, Shopping
Built in: 1974
Community Features: Community Centre
Features: Paved driveway
Floor Space (approx): 6150 Square Feet
Lot Depth: 127 Feet
Lot Frontage: 118 Feet
Zoning: R2B
Sewer: Municipal sewage system
Parking Type: Open
No. of Parking Spaces: 10

Courtesy of: CENTURY 21 HERITAGE HOUSE LTD.

More Detail

Less Detail

Demographic Information of 58 HAZELGLEN Drive, Kitchener, Ontario, N2M 2E3

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$92,370.67

Average Number of Children

1.84

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.53 %

High school certificate or equivalent

34.24 %

Apprenticeship trade certificate/diploma

5.0 %

College/non-university certificate

19.31 %

University certificate (below bachelor)

1.15 %

University Degree

17.76 %

Commuter

Travel To Work

By Car

85.68 %

By Public Transit

10.03 %

By Walking

1.73 %

By Bicycle

0.0 %

By Other Methods

2.56 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

40.38 %

Houses

59.62 %

58 HAZELGLEN Drive, Kitchener, Ontario, N2M 2E3