586 Victoria Street S, Kitchener

586 Victoria Street S, Kitchener, ON N2M3B1 Photo 1

27 Photos

586 Victoria Street S, Kitchener, ON N2M3B1 Photo 2
586 Victoria Street S, Kitchener, ON N2M3B1 Photo 3
586 Victoria Street S, Kitchener, ON N2M3B1 Photo 4
586 Victoria Street S, Kitchener, ON N2M3B1 Photo 5
586 Victoria Street S, Kitchener, ON N2M3B1 Photo 6
586 Victoria Street S, Kitchener, ON N2M3B1 Photo 7
  • Bedrooms: 16
  • Bathrooms: 12
  • Living area: 6500 sqft
  • MLS®: 40535672
  • Type: Townhouse
  • Added: 86 days ago

Property Details

Welcome to 586 Victoria Street South. This 11 unit Residential Apartment Building has been renovated from top to bottom. It has 11 outdoor parking spots. It consists of 1 Bachelor unit, 6-1 Bedroom apartments, 3-2 Bedroom apartments, and 1-3 Bedroom unit. All new flooring in hallways. 10 out of 11 units have been completely renovated with new kitchens, bathrooms and all new appliances. The 11th 3 bedroom unit is oversized and can be easily split into 2 separate units. This unit has been extensively renovated. New kitchen, granite countertops (2020). New appliances (2020): Stainless steel fridge, stove, dishwasher, OTC, microwave. Gas furnace (2020) located in mechanical/ laundry room. Separate AC unit (2020) for this unit located on the roof. Plus separate in-suite laundry room has its own washer & dryer (2020). Hydro panel w/breakers in unit (2020). Separate hydro meters for all units paid by the tenant. Each unit has baseboard heaters and separate wall units(heat pumps). Tremendous opportunity for the investor looking for the perfect turn-key building. (id:1945)

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Property Information

  • Sewer: Municipal sewage system
  • Cooling: Wall unit, Ductless
  • Heating: Baseboard heaters, Electric
  • Stories: 3
  • Basement: Finished, Full
  • Year Built: 1959
  • Appliances: Microwave Built-in
  • Directions: Between Lawrence Ave & Westmount Rd.
  • Living Area: 6500
  • Lot Features: Laundry- Coin operated
  • Photos Count: 27
  • Water Source: Municipal water
  • Lot Size Units: acres
  • Parking Total: 11
  • Bedrooms Total: 16
  • Common Interest: Freehold
  • Street Dir Suffix: South
  • Subdivision Name: 323 - Victoria Hills
  • Tax Annual Amount: 21360.84
  • Exterior Features: Brick
  • Community Features: School Bus
  • Foundation Details: Poured Concrete
  • Lot Size Dimensions: 0.331
  • Zoning Description: R-6/R2B
  • Number Of Units Total: 11
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Nearby Places

Name Type Address Distance
Queensmount Public School School 21 Westmount Rd W 0.9 km
Queensmount Public School Townshend, Southridge Public School, Williamsburg ... 0.9 km
St. Mary's General Hospital Hospital 911 Queen's Blvd 1.3 km
St. Mary's General Hospital It is the site of the Regional Cardiac Care Centre... 1.3 km
Dominion Tire Plant It is the largest independent rubber mixing plant ... 1.3 km
Victoria Park, Kitchener A Berlin(Kitchener) map from 1879 has a park calle... 1.7 km
Forest Heights Collegiate Institute It was named after the Forest Heights neighbourhoo... 1.7 km
Grand River Hospital The hospital has 15 specialized programs and servi... 1.8 km
Grand River Hospital Hospital 835 King St W 1.8 km
Kitchener Waterloo Collegiate and Vocational School School 787 King St W 1.8 km
Kitchener-Waterloo Collegiate and Vocational School The school dates from 1855, making it one of the o... 1.8 km
Forest Heights Collegiate Institute School 255 Fischer Hallman Rd 1.8 km
Similar Townhouses Stat in Kitchener
We have found 1 Townhomes that closely match the specifications of the property located at 586 Victoria Street S with distances ranging from 2 to 3 kilometers away. The prices for these similar properties vary between 2,999,900 and 2,999,900, providing a good range for comparison. Moreover, we have also discovered that there are a few open Townhomes in the N2M3B1 postal code area of Kitchener Ontario Canada.
586 Victoria Street S mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 586 Victoria Street S. The current price of the property is $4,600,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $3,680,000. This would result in a monthly mortgage payment of $21,511 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree 20
Bachelor's degree 20
University / Below bachelor level 10
Certificate of Qualification 20
College 50
University degree at bachelor level or above 40

Neighbourhood Marital Status Stat

Married 175
Widowed 20
Divorced 40
Separated 25
Never married 150
Living common law 50
Married or living common law 220
Not married and not living common law 235

Neighbourhood Construction Date

1961 to 1980 140
1981 to 1990 25
1991 to 2000 10
1960 or before 50
Comparison of 586 Victoria Street S, Kitchener, ON with Nearby Townhouses
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Halton Hills Real Estate 137 $1.702.568
Erin Real Estate 78 $2.175.549
Ancaster Real Estate 146 $1.874.329
Huntsville Real Estate 182 $982.451
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