For Sale · Multifamily

155 HIGHBROOK Street, Kitchener

155 HIGHBROOK Street, Kitchener, ON N2E3P5

$649,900 total

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Asset Class

Multifamily

Size

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Building class

A

Zoning

RA8 — Medium Rise

$ / SF

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Occupancy

88%

Year Built

1997

About this property

Welcome to 155 Highbrook Street, Kitchener! This exceptional semi-detached legal duplex offers a fantastic opportunity for first-time home buyers, growing families, and savvy investors alike. Nestled in the desirable Laurentian Hills neighborhood, this well-maintained two-storied home combines comfortable family living with excellent income potential. Offering parking for 3 vehicles, including a 1-car garage and 2-car driveway, convenience begins before you even step inside. The bright, carpet-free main level features a spacious living room filled with natural light, creating a warm and welcoming atmosphere. A convenient powder room completes the main floor. Upstairs, you’ll find 3 generously sized bedrooms, including a spacious primary bedroom with two closets. The two additional bedrooms are bright and versatile, offering plenty of space for family members, guests, or a home office. A beautifully maintained 4-piece bathroom with a glass-enclosed tub completes the second level. The fully finished basement, accessible through a separate entrance, adds valuable living space and income potential. It features its own kitchen, a studio apartment, a 3-piece bathroom, shared laundry, and abundant storage space. Step outside to enjoy the fully fenced backyard with a deck, perfect for summer BBQs, family gatherings, entertaining, or simply relaxing outdoors. Ideally located in the sought-after Laurentian Hills, this home is close to top-rated schools, parks, trails, Sunrise Shopping Centre, Williamsburg Town Centre, and offers convenient access to Highways 7, 8, and 401. Whether you’re looking for a comfortable family home, an income-generating property, or an investment opportunity, 155 Highbrook Street offers versatility, convenience, and value. Book your private showing today and discover all this home has to offer! (id:66811)

Financial sandbox

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Estimate
Purchase price$650K
Down payment30% · $195K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$24K

Annual cash flow

$-12K

Cash-on-cash

-6.00%

DSCR

0.67

Going-in cap

3.74%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

73,410

Households

27,012

Median income

$118,500

Median age

35.5

Daytime population

79,029

5-yr growth

1.4%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 155 HIGHBROOK Street, Kitchener.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.