$ 7.195.000

581 Strasburg Road, Kitchener

31 Photos

581 Strasburg Road, Kitchener, ON N2E1P2 Photo 2

581 Strasburg Road, Kitchener, ON N2E1P2 Photo 3

581 Strasburg Road, Kitchener, ON N2E1P2 Photo 4

581 Strasburg Road, Kitchener, ON N2E1P2 Photo 5

581 Strasburg Road, Kitchener, ON N2E1P2 Photo 6

581 Strasburg Road, Kitchener, ON N2E1P2 Photo 7

Bedrooms: 39
Bathrooms: 21
Living area: 20000 sqft

MLS®: 40538705
Added: 54 days ago

Property Details

Secure, turn key investment in a great neighborhood located in Kitchener, Ontario. This 21 unit residential building was completely renovated three years ago, which consist of new roof, electrical, heating systems, and the units themselves. Attractive assumable mortgage at 4.8% available. (id:1945)

Best Mortgage Rates

Property Information

Sewer: Municipal sewage system
Cooling: None
Heating: Baseboard heaters, Electric, Natural gas
Stories: 2.5
Basement: Partially finished, Partial
Directions: Ottawa/Strasburg
Photos Count: 31
Water Source: Municipal water
Parking Total: 24
Bedrooms Total: 39
Common Interest: Freehold
Subdivision Name: 333 - Laurentian Hills/Country Hills W
Tax Annual Amount: 44296.57
Exterior Features: Stucco
Foundation Details: Poured Concrete
Zoning Description: R2
Number Of Units Total: 21

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Nearby Places

Name	Type	Address	Distance
Boston Pizza	Restaurant	721 Ottawa St S	0.6 km
St. Mary's High School (Kitchener)	It serves most of Kitchener's Catholic students, w...		1.3 km
Blessed Sacrament Catholic Elementary School	School	367 Country Way	1.3 km
Concordia Club	Restaurant	429 Ottawa St S	1.5 km
Sobeys	Grocery or supermarket	1187 Fischer Hallman Rd	2.0 km
Wild Wing Kitchener	Bar	715 Fischer Hallman Rd	2.2 km
Tim Hortons	Cafe	685 Fischer Hallman Rd	2.3 km
Rockway Mennonite Collegiate	School	110 Doon Rd	2.4 km
Rockway Mennonite Collegiate	Throughout the course of the past few years, it ha...		2.5 km
St. Mary's General Hospital	It is the site of the Regional Cardiac Care Centre...		2.6 km
St. Mary's General Hospital	Hospital	911 Queen's Blvd	2.7 km
Red Lobster	Restaurant	1732 King St E	2.8 km

581 Strasburg Road mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 581 Strasburg Road. The current price of the property is $7,195,000, 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 $5,756,000. This would result in a monthly mortgage payment of $33,645 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree	15
Bachelor's degree	80
University / Above bachelor level	10
University / Below bachelor level	10
Certificate of Qualification	20
College	190
University degree at bachelor level or above	105

Neighbourhood Marital Status Stat

Married	315
Widowed	20
Divorced	70
Separated	40
Never married	260
Living common law	115
Married or living common law	435
Not married and not living common law	390

Neighbourhood Construction Date

1961 to 1980	260
1981 to 1990	65
1991 to 2000	40
2001 to 2005	10
1960 or before	10

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