59 Brybeck Crescent, Kitchener | Image 1

59 Brybeck Crescent

Kitchener

  • 8 bed 6 bath 3500 sqft
$1,390,000 est.*: $4,709/mo
For Sale

Added 1 month ago

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  • Type: Multiplex

  • Style: 2-Storey

  • Size: 3500 sqft

  • Lot Size: 75 x 165 Feet

  • Age: 51-99 years

  • Taxes: $9,508 per year

  • Added: Nov 04, 2024 (1 month ago)

  • Updated:

  • Last Checked: 3 hours ago

  • MLS®#: X10406018

  • Listed By: Flux realty

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

  • Status: Sale

  • Property Type: Multiplex

  • Style: 2-Storey

  • Size (sq ft): 3500

  • Age: 51-99

  • Area: Kitchener

  • Availability Date: FLEXIBL:E

Inside

  • Bedrooms: 8

  • Bedrooms Plus: 4

  • Bathrooms: 6

  • Kitchens: 4

  • Kitchens Plus: 2

  • Rooms: 36

  • Den/Family Room: No

  • Air Conditioning: None

  • Fireplace: No

  • Laundry Level: Lower

  • Washrooms: 6

Building

  • Basement: Finished

  • Heat Type: Radiant

  • Heat Source: Gas

  • Exterior: Brick

  • Elevator: N

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: N

  • Special Designation: Unknown

  • Retirement: N

Parking

  • Driveway: Private

  • Garage Type: None

  • Covered Parking Spaces: 10

  • Total Parking Spaces: 10

Fees

  • Tax Year: 2024

  • Tax Legal Description: LT 26 PL 1244 KITCHENER ; S/T & T/W 1446427; S/T 376336; KITCHEN

  • Taxes: $9,508

Highlights

  • Feature: Place Of Wor

  • Feature: Public Transit

  • Feature: Rec Centre

  • Feature: School

Land

  • Cross Street: WESTMOUNT/BRYBECK

  • Municipality District: Kitchener

  • Fronting On: South

  • Parcel Number: 224380094

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 165 Feet

  • Lot Frontage: 75 Feet

  • Zoning: R2

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Map of 59 Brybeck Crescent, Kitchener
JK-6

King Edward Public School

Elementary: Public
1.41 km
JK-6

Westmount Public School

Elementary: Public
0.67 km
JK-8

St John Catholic Elementary School

Elementary: Catholic
0.77 km
7-8

Queensmount Public School

Elementary: Public
1.29 km
JK-8

A R Kaufman Public School

Elementary: Public
0.51 km
JK-6

J F Carmichael Public School

Elementary: Public
1.13 km
Pre-Grade 9-12

Forest Heights Collegiate Institute

Secondary: Public
2.19 km
Pre-Grade 9-12

Kitchener Waterloo Collegiate and Vocational School

Secondary: Public
1.37 km
Pre-Grade 9-12

Bluevale Collegiate Institute

Secondary: Public
3.63 km
Pre-Grade 9-12

Waterloo Collegiate Institute

Secondary: Public
3.99 km
9-12

Resurrection Catholic Secondary School

Secondary: Catholic
2.46 km
Pre-Grade 9-12

Cameron Heights Collegiate Institute

Secondary: Public
2.82 km

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