Cash-flowing DUPLEX legal with four rental units (4 kitchens) at 287 Blucher Blvd generating $78,600 in annual rental income with an estimated NOI of $68,613 and ~7.6% cap rate at $900,000. Based on today’s ~3.5% financing, the property projects approximately $2,400+ monthly positive cashflow after debt service. Diverse unit mix supports stable tenancy, making this an ideal turnkey investment for investors seeking immediate income and long-term appreciation in Kitchener.
Property Type:
Residential
Property SubType:
Single Family Residence
Listing General Location:
212 - Downtown Kitchener/East Ward, 2 - Kitchener East
Crops Included: No, Garage: No, Common Elements Fee: No, New Construction: No
Construction:
Brick, Vinyl Siding
Basement:
Full, Finished
Linked Foundation:
No
Roof:
Asphalt Shing
Number of Buildings:
1
Total Floor Area:
2,417 sq. ft.225 m2
# Main Level Bedrooms:
2
# Main Level Bathrooms:
1
Finished Area Above Grade:
2,417 sq. ft.225 m2
Fireplace:
false
Water Supply:
Municipal
Sewer:
Sewer (Municipal)
Cooling:
None
Heating:
Natural Gas
Dryer,Refrigerator,Stove,Washer,Has Common Washer Dryer For Each Two Units One And Four Shares Of One Washer Dryer And 203 Shares One Washer Dryer There's No Rentals In The House.
Water Softener, Dryer, Refrigerator, Stove, Washer
Data was last updated April 30, 2026 at 11:50 AM (UTC)
Area Statistics
Listings on market:
62
Avg list price:
$379,450
Min list price:
$199,900
Max list price:
$900,000
Avg days on market:
30
Min days on market:
1
Max days on market:
406
Avg price per sq.ft.:
$510.22
These statistics are generated based on the current listing's property type
and located in
212 - Downtown Kitchener/East Ward. Average values are
derived using median calculations. This data is not produced by
the MLS® system.