For Sale · Multifamily

UNIT 1 - 63 ST GEORGE STREET, Kitchener

UNIT 1 - 63 ST GEORGE STREET, Kitchener, ON N2G2T1

Price on request

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Asset Class

Multifamily

Size

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Building class

B

Zoning

RA9 — High Rise

$ / SF

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Occupancy

89%

About this property

Bright, renovated and spacious upper unit in a charming early-century home, offering original character with modern updates. It features high ceilings, tall windows, new flooring, fresh paint, a renovated bathroom and private in-suite laundry. The two-level layout offers one bedroom on the main floor and two additional bedrooms upstairs, providing flexible space. Located in the heart of Downtown Kitchener, just minutes from the city centre and within walking distance of shops, restaurants, employers and civic amenities. Kitchener Market Station is less than a five-minute walk away. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$75K

Annual cash flow

$-8K

Cash-on-cash

-1.83%

DSCR

0.90

Going-in cap

4.99%

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

146,614

Households

66,563

Median income

$127,000

Median age

37.4

Daytime population

219,753

5-yr growth

7.1%

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

Secure deal room

Confidential diligence documents for UNIT 1 - 63 ST GEORGE 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.