153 JOSEPH STREET, Kitchener, Ontario, N2G 1J5

MLS® # X12486985

Investment For Sale In Victoria Park, Kitchener, Ontario

$1,399,000

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153 Joseph Street, Kitchener, ON - Outdoor With Facade

153 Joseph Street, Kitchener, ON - Outdoor With Balcony With Facade

153 Joseph Street, Kitchener, ON - Outdoor With Balcony

153 Joseph Street, Kitchener, ON - Indoor

153 Joseph Street, Kitchener, ON - Indoor Photo Showing Bedroom

153 Joseph Street, Kitchener, ON - Indoor Photo Showing Dining Room

153 Joseph Street, Kitchener, ON - Indoor Photo Showing Living Room

153 Joseph Street, Kitchener, ON - Indoor Photo Showing Other Room

153 Joseph Street, Kitchener, ON - Indoor Photo Showing Laundry Room

153 Joseph Street, Kitchener, ON - Indoor Photo Showing Kitchen

153 Joseph Street, Kitchener, ON - Outdoor With View

153 Joseph Street, Kitchener, ON - Other

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153 JOSEPH STREET, Kitchener, Ontario, N2G 1J5

$1,399,000

Property Information:

Investment opportunity strong rental demand area- 153 Joseph Street . This fantastic 6-plex is situated in a peaceful neighbourhood near downtown Kitchener. This property offers a great opportunity for investors. Legal 6 plex all separate entrances for each unit in 3 story building not purpose build. There are 4 - two bedroom, 2 - one bedroom. The property has been well maintained over the years and offers great potential for investors or owners who are looking to add value through updates. All major systems are in working order and inspected yearly. And the building includes a paid monitored fire alarm system connected directly to the local fire station for peace of mind. Coin operated washer and dryer. Each unit has separate hydrometer. Three units with private balcony, One heating system operated by Boiler uses gas. Hot water tank rental. Close to LRT local train and bus terminal. Close to Victoria Park and Kitchener downtown area such as City Hall, Manulife building, Grandriver Hospital. 3 of the units are vacant. One 2 bedroom on the 3rd floor requires a fire escape .One bedroom unit will be vacant upon closing. So only 2 units will be tenant occupied at closing. Basement area has a lot of storage space. Functioning mechanicals and utilities. Great long-term investment upside .The property has been meticulously maintained by the same owner for 22 years, offering peace of mind to potential buyers. One attached garage with 3 outside parking spaces. The property is sold as is. (id:27)

Building Features:

Style: Multiplex
Building Type: Other
Basement Type: Crawl space
Exterior Finish: Brick
Floor Space: 3500 - 5000 sqft
Foundation Type: Concrete
Cooling Type: None

Property Features:

Property Type: Multi-family
Bedrooms: 10
Bathrooms: 6
Floor Space (approx): 3500 - 5000 Square Feet
Irregular: Yes
Lot Depth: 92.0 Feet
Lot Frontage: 41.0 Feet
Lot Size: 41 x 92 FT
Sewer: Sanitary sewer
Parking Type: Attached garage, Garage
No. of Parking Spaces: 3

Courtesy of: HOMELIFE LANDMARK REALTY INC.

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Market Price Trends

All Properties

-2.91%

Price change (1 year)

27.16%

Price change (5 years)

Location of 153 JOSEPH STREET, Kitchener, Ontario, N2G 1J5

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

34 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

34 hot days expected in 2050

52/100

Moderate

ClimateCheck®

Current data

This property, 153 JOSEPH STREET , experiences 7 hot days per year at around 30.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34.3 degrees Celsius.

Projected Avg. Temperature

Past

30.8℃

2050

34.3℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

64/100

Moderate-High

ClimateCheck®

Current data

This property, 153 JOSEPH STREET , experiences 11 significant 2-day storms per year, with about 320.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 397.8mm of precipitation per year.

Precipitation Per Storm

Past

320.2mm

2050

397.8mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 153 JOSEPH STREET, Kitchener, Ontario, N2G 1J5

Life Stage

Later Years

Employment Type

Service Sector/White Collar

Average Household Income

$98,102.31

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.74 %

High school certificate or equivalent

26.89 %

Apprenticeship trade certificate/diploma

4.01 %

College/non-university certificate

18.27 %

University certificate (below bachelor)

2.09 %

University Degree

35.0 %

Commuter

Travel To Work

By Car

64.53 %

By Public Transit

16.07 %

By Walking

13.16 %

By Bicycle

0.99 %

By Other Methods

5.25 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

89.67 %

Houses

10.33 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

All Properties

Location of 153 JOSEPH STREET, Kitchener, Ontario, N2G 1J5

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 153 JOSEPH STREET, Kitchener, Ontario, N2G 1J5

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

153 JOSEPH STREET, Kitchener, Ontario, N2G 1J5

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing