For Sale · Land

46 DANIEL Avenue, Kitchener

46 DANIEL Avenue, Kitchener, ON N2K1E9

$325,000 total

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Asset Class

Land

Size

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Building class

C

Zoning

UR — Urban Reserve

$ / SF

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Occupancy

100%

About this property

Build your vision on this rare residential building lot in an established Kitchener neighbourhood. Zoned R3, this property offers an outstanding opportunity for builders, investors, or those looking to design a custom home in a mature, well-connected location. Water and Sewer already connected to municipal lines. Enjoy the convenience of nearby schools, parks, shopping, public transit, and quick access to major commuter routes. Minutes from downtown Kitchener, Uptown Waterloo, hospitals, universities, and the ION LRT, this central location combines everyday convenience with excellent long-term investment potential. Vacant residential lots of this size within the city are increasingly difficult to find-don't miss your opportunity to create something exceptional at 46 Daniel Crescent. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$325K
Down payment30% · $98K
Interest rate6.25%
Amortization25 years
Occupancy100%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$13K

Annual cash flow

$-5K

Cash-on-cash

-4.87%

DSCR

0.74

Going-in cap

4.08%

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

121,479

Households

50,899

Median income

$103,500

Median age

44.7

Daytime population

188,257

5-yr growth

6.7%

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

Secure deal room

Confidential diligence documents for 46 DANIEL Avenue, 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.