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58 HAZELGLEN Drive
Kitchener Ontario N2M2E3 Canada

$1,599,000

Active Listing ID 40835295
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12 bed
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6,150 square feet
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6.00 Bath
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Multi-family

$1,599,000

Active Listing ID 40835295
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58 HAZELGLEN Drive 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. Very efficient gas boiler hot water heating so they can pay you more rent. With a 5.0 cap rate this is a very easy property to finance, 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:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Cooling System: None
  • Exterior Finish: Concrete, Aluminum siding, Shingles, Brick Veneer
  • Heating Systems: Baseboard heaters, Natural gas
  • Additional Features
  • Basement
Listing Changed: 6/2/2026 4:21:13 PM GMT
Source Updated Date: 6/4/2026 4:45:22 AM GMT

Courtesy of: GEORGE LAVALLEE, Broker, CENTURY 21 HERITAGE HOUSE LTD.