59 Brybeck Crescent, Kitchener, ON
Property no longer active
This property was sold on January 14, 2025. This listing is for reference purposes only. to view the sold price.
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 $1,349,900 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.
- 12 Bedrooms and 6 Bathrooms with 6 functional kitchens
- Generous living space spanning 3500-5000 sqft on a premium 75 x 165 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 10.0 total parking spaces available
- Notable attributes: Water Heater, Water Softener, Carpet Free
- Efficient radiant heating via gas
Description
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.
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Property Summary
This multiplex located at 59 Brybeck Crescent, Kitchener is currently for sale and has been available on SousaSells for 640 days. This property is listed at $1,349,900 with an estimated mortgage of $4,493* per month. It has 12 beds, 6 bathrooms, and is 3500-5000 square feet. 59 Brybeck Crescent, Kitchener
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 12 bedrooms and 6 bathrooms, this home offers ample space and comfort for growing families in Kitchener.
- •12 spacious bedroom layout offering versatile living space
- •6 well-appointed bathrooms
- •3500-5000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Kitchener.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Public Transit
- Rec./Commun.Centre
- School
- Place Of Worship
Interior Features
- Water Heater
- Water Softener
- Carpet Free
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 59 Brybeck Crescent, Kitchener, ON
Q.What is the asking price for 59 Brybeck Crescent, Kitchener, ON ?
The current listing price for 59 Brybeck Crescent, Kitchener, ON in Kitchener is $1,349,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 12 bedrooms and 6 bathrooms across approximately 3500-5000 sqft.
Q.What property type and architectural style is 59 Brybeck Crescent, Kitchener, ON ?
59 Brybeck Crescent, Kitchener, ON is a Multiplex (2-Storey) featuring a Finished basement.
Q.What key property features does 59 Brybeck Crescent, Kitchener, ON offer?
Key property features include: Public Transit, Rec./Commun.Centre, School, Place Of Worship.
Q.What interior features are included in this home?
Interior highlights include: Water Heater, Water Softener, Carpet Free.
Q.Is parking available at this property?
Yes, this property offers parking space for 10.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via None.
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Pricing & Value Insights
Data-driven valuation for 59 Brybeck Crescent, Kitchener, ON N2M 2C5
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Kitchener, ON
For a property listed at $1,349,900 in Kitchener, the legal minimum down payment is $269,980 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $23,473 for this transaction. As this listing is in Kitchener (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $23,473.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.