1/1858 HAZELGLEN Drive, Kitchener
58 HAZELGLEN Drive, Kitchener, ON N2M2E3
$1.6M total
6,150 SF
Asset Class
Hospitality
Size
6,150 SF
Building class
B
Zoning
CB2 — Central Business
$ / SF
$254
Occupancy
89%
Year Built
1974
About this property
Well established 6 unit townhouse property on back to back units. Newer windows, upgraded siding, upgraded insulation, newer fences. All 6 have 2 bedrooms, kitchen and living room with full basements. Gas fired water heather with hot water heating. Long term tenants in a well maintained building. 4 pay their own hydro. Sufficient parking and on a bus route. Close to downtown, shopping, pool, library, expressway, churches, and schools. Good return with ample income growth when new tenants come in. 2026 rent scheduled at $127 500. New roof May 2026, New Boiler February 2025, and new Fences in 2024 and 2025. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$84K
Annual cash flow
$-2K
Cash-on-cash
-0.42%
DSCR
0.98
Going-in cap
5.42%
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.
Rent roll (estimated)
| Tenant | Area | Expiry |
|---|---|---|
| Aurora Legal LLP | 3,555 SF | 2031-05 |
| Aurora Legal LLP | 1,241 SF | 2030-05 |
| Aurora Legal LLP | 672 SF | 2030-04 |
Area demographics
Trade area within 3 miles of the property.
Population
68,859
Households
32,180
Median income
$136,500
Median age
36.4
Daytime population
96,198
5-yr growth
8.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 58 HAZELGLEN Drive, Kitchener.
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.