14-20 Brubacher Street, Kitchener, ON
Description
Property Highlights
Welcome to this remarkable ["2-Storey"] multiplex located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,999,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 18 Bedrooms and 14 Bathrooms with 16 functional kitchens
- Generous living space spanning 5000 + sqft on a premium 91.7 x 115.88 ft lot
- Features a ["full", "unfinished"] basement, adding superb versatility for recreation, a home gym, or extra storage
- 11.0 total parking spaces available
- Notable attributes: Separate Hydro Meter
- equipped with ["none"] central cooling and highly efficient forced air heating via gas
**CAP RATE 6.83% Very strong annual income $196,059.00 can be purchased with property management company in place. DUPLEX + 12-PLEX - ATTENTION INVESTORS! Unique real estate assembly on 14 Brubacher St. (Duplex) and 16-18-20 Brubacher St. consisting of 4 bachelor units, 6 one-bedroom units and 2 two bedroom units sold together. All tenants pay their own hydro with 14 separate hydro meters, newer furnaces, 1 shared washer and dryer at 12-plex and parking for 11 vehicles total. 3 hot water tanks 1 rented and 2 owned. Half of the units have seen upgrades in last couple of years. Ideally positioned in the heart of Kitchener's Central Frederick neighborhood. Located within walking distance of the LRT, & close to the University of Waterloos School of Pharmacy, this area is close to major employers such as Google & the Innovation Centre, & provides easy access to Toronto via the nearby GO Train. The neighborhood is bustling with cultural attractions including Centre in the Square, Kitchener Market, The Museum, Library, & dining options. Its a thriving hub of innovation/growth, further enhanced by Victoria Park & Kitchener Auditorium, adding to the area's appeal. 4 units are currently vacant and can be shown anytime.
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Separate Hydro Meter
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