59 Brybeck Cres

Kitchener | | N2M 2C5
  • 8 + 4
  • 6
  • 0

$1,390,000

Est. Mtg $4,713 /mo
  • Days on market

    19

  • Status

    New

Listing Broker FLUX REALTY
Since listed: 0 views

Home details

MLS #:

X10406018

Property type:
Multiplex
Style:
2-Storey
Taxes:
$9,508
Possession:
FLEXIBL:E
Lot Front:
75.0   Feet
Lot Depth:
165.0   Feet
Basement:
Finished |
Driveway Pkg:
10
Heat:
Gas | Radiant

Description


59 Brybeck Cres, , Kitchener, Ontario is a Multiplex property in Kitchener and in the community in the N2M 2C5 postal code


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..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2024-11 2024-11 $1,390,000 $1,390,000 New X10406018

Comparables

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sold Date Address List Price sold Price DOM
2024-06 22556 Loyalist Pkwy, $549,900 $549,900 21
2024-06 1 Balfour Pl, $1,059,000 $1,055,000 98
2023-07 334 Southworth St S, $599,000 $515,000 31
2023-06 8 Cady St, $599,900 $517,000 56
2022-06 4205 Fly Rd, $1,500,000 $1,440,000 225
2022-05 312 Hilton Ave, $899,000 $1,050,000 7
2022-05 402 Fares St, $949,000 $949,000 4
2022-04 57 William St, $1,300,000 $1,250,000 13
2022-04 107 Sixth Ave, $899,900 $940,000 25
2022-03 157 Stanley St, $1,500,000 $1,500,000 44
2022-02 146 Kitchener Rd, $1,150,000 $1,100,000 8
2021-12 25 Wauchope Ave, $1,299,900 $1,250,000 49
2021-07 4553 Ferguson St, $779,900 $770,000 99
2021-07 2 Kline's Ave, $455,000 $625,000 3
2021-06 157 Stanley St, $1,050,000 $1,015,000 42

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Kitchener :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 59 Brybeck Cres

Based on available 3rd party data

$5640

Approximate costs per month

Mortgage
$4713 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$792 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Place Of Worship
  • Public Transit
  • Rec Centre
  • School
Listing Broker FLUX REALTY
Data Source: TRREB

Payment calculator

$5505 monthly. In association with: TD Bank
%
  • Principal and Interest
    4713 /mo
  • Property Taxes
    $792 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Raymond Chin, Realtor

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