58 HAZELGLEN Drive

About this home.

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. 5.0 cap rate good return with ample income growth when new tenants come in. 2026 rent scheduled at $127 500. (id:59491)

The full record.

How this listing prices against Victoria Hills.

Victoria Hills posted 8 sales and 21 active listings, which puts it in a moderate, slightly buyer-friendly position. The average sale price was $565,800, well below the city average, while homes sold in 21 days and at 97.37 percent of list, a touch stronger than Kitchener overall on pricing. This is a more affordable neighbourhood where demand is holding up reasonably well. Freeholds are moving faster, while condos remain the slower side of the market.

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