Sold for:Sold Jan 14, 2025
$1,349,900

59 Brybeck Crescent

Kitchener, ON N2M 2C5

Multiplex SoldNot available

Property not available for sale or for rent.

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Sale & Price History for 59 Brybeck Crescent, Kitchener

2024-11-04
2025-01-14
Sold
Price
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MLS#
x10406018

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 59 Brybeck Crescent, Kitchener

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$9,508
Land Transfer Tax Fee
$23,473

Basement Type
Finished

Interior Features

Laundry Level
Lower Level
Interior Extras
Water Heater, Water Softener, Carpet Free
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None
Property Features
Public Transit, Rec./Commun.Centre, School, Place Of Worship

Building

Building Type
Multiplex
Building Style
2-Storey
Approx Age
51-99

Construction

Exterior Finish
Brick
Roof
Asphalt Shingle
Foundation Details
Poured Concrete
Special Designation
Unknown

Lot

Lot Front
75.00 ft
Lot Depth
165.00 ft
Lot Shape
Rectangular

Inclusions

Inclusions
Carbon Monoxide Detector, Smoke Detector, Other

Exclusions

Exclusions
Tenants belongings

Parking & Garages

Garage Type
None
Garage Spaces
10
Parking Spaces
10
Total Garage And Parking Spaces
10

Heating & Cooling

Heat Source
Gas
Heat Type
Radiant
Air Conditioning
None
Water
Municipal
Sewers
Sewer

Bedrooms
8 + 4
Washrooms
6
Kitchens
6

Washrooms

  • 4-piece

Municipality
Kitchener
Main cross streets
WESTMOUNT/BRYBECK
Zoning
R2

MLS® number
X10406018
Data source
Toronto Regional Real Estate Board
Status change
2025-01-14
Listed on
2024-11-04
Days on market
71 days
Possession type
Flexible:e
Co-op commission
2
Seller
Listed by
FLUX REALTY

Home Market Value

Current home valuation for 59 Brybeck Crescent, Kitchener, , . Listed for $1,349,900

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 59 Brybeck Crescent, Kitchener

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Minimum Down Payment Required:8.1%

5% on first $500K + 10% on $849,900 over $500K

Minimum down payment

$109,990

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$49,568$37,662$32,128$0
=Total mortgage
$1,288,776$1,252,572$1,179,543$1,079,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$6,292monthly$6,116monthly$5,759monthly$5,273monthly
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Land Transfer Tax

Provincial

$23,473

Total Land Transfer Tax

$23,473

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