58 BRANDON Avenue

About this home.

Location, location, location! This turnkey triplex Airbnb investment offers excellent cash flow and is located in a highly sought-after West Kitchener neighbourhood, just minutes from Uptown Waterloo, Belmont Village, the Catalyst Building, and other key amenities. This well-maintained multi-residential property features a 2-bedroom main-floor unit, a 2-bedroom upper unit, and a 1-bedroom basement unit, along with a 2-car garage. Additional highlights include four separate hydro meters, three owned hot water tanks, and ample on-site parking. Situated on a generous 55’ x 120’ corner lot, the property provides plenty of outdoor space and excellent flexibility for tenants or short-term guests. An outstanding opportunity for experienced investors or those looking to enter the short-term rental or multi-residential investment market. (id:59491)

The full record.

How this listing prices against Uptown Waterloo/Westmount.

Uptown Waterloo/Westmount recorded 21 sales and 57 active listings, so it remains active but well supplied. The average sale price was $878,048, among the higher figures in the city, while homes took 25 days to sell and closed at 95.64 percent of list, pointing to a softer negotiating environment than the price level might suggest. This is a split market with expensive freeholds and a substantial condo inventory. Buyers have choice here, especially outside the detached segment.

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