$1,385,000

Investment For Sale In Meinzinger Park-Lakeside, Kitchener, Ontario

$1,385,000

Property Information:

An exceptional opportunity for investors or owner-occupants, 72 Barbara Crescent offers a superior unit mix of three two-bedrooms and one three-bedroom, generating a 5.2% cap rate with additional upside. Major capital items are complete, including a 2021 roof, 2020 windows, electrical split with copper wiring and breaker panels (2021), and full unit renovations with quality finishes.Ideally located near Westmount Rd E and Highway 8, the property sits in a strong rental pocket and offers future development potential on its generous lot-making this a turnkey, income-producing asset with long-term upside.

Inclusions: Other

Building Features:

  • Floor Space: 1932 Square Feet

Property Features:

  • Bedrooms: 0
  • Acres Range: < 0.5
  • Basement: Full, Unfinished
  • Construction Materials: Brick, Concrete
  • Cooling: None
  • Driveway Parking: Outside/Surface/Open
  • Floor Space (approx): 1932 Square Feet
  • Heating: Baseboard, Forced Air, Natural Gas
  • Interior Features: Other
  • Laundry Features: Other
  • Lot Features: Highway Access, Open Spaces, Park, Public Transit
  • Lot Frontage: 50.43 Feet
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: R4
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 8

Courtesy of: EXP Realty Brokerage

Data provided by: Barrie & District Association of REALTORS® 676 Veterans Dr., Barrie, Ontario L9J 0H6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved