For Sale: 58 Hazelglen Drive, Kitchener, ON - REW
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$1,599,000
12 bd • 6 ba • 6150 sf • Multifamily
58 Hazelglen Drive
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$1,599,000
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58 Hazelglen DriveKitchener, ON, N2M 2E3

  • 12 Bed
  • 6 Bath
  • 6150 Sqft
  • Multifamily

About this home

Excellent location close to downtown, bus service, short distance to the universities, library, public pool, shopping, and the expressway. Very attractive investment in a good area close to all amenities. Always rented and 5 units have been renovated. All have newer windows, extra insulations in the attic and ring joyce, all are metered separately for hydro, each has a private patio area and newer fencing, at least one parking spot each. Close to shopping and schools. New roof in May/26, new boiler and tank in 2/25. Very efficient gas boiler hot water heating so they can pay you more rent. With a 5.0 cap rate this is a very easy property to finance, let the rent pay your mortgage and in 25 years you have an excellent retirement income of over 100,000 per year. Most tenants have been here for over 5 years so if a few move the rent at current values would spike substantially.
Listed by: George E. Lavallee, CENTURY 21 HERITAGE HOUSE LTD.

Home facts and features

Price details
List Price
$1,599,000
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Gross Taxes for 2026
$10,216
Home facts
Bedrooms
12
Full Bathrooms
6
Parking Spaces
10
Parking Details
Asphalt
Property Type
Multifamily
Lot Size
118 ft x 127 ft (15051 ft²)
Depth
127.22
Frontage
118.3
Year Built
Built in 1974 (52 yrs old)
Heating Type
Baseboard,Natural Gas
Basement Details
Full,Unfinished
Features
Carbon Monoxide Detector(s), In-suite, Separate Heating Controls, Separate Hydro Meters, Upgraded Insulation
Appliances
2, 6., Hot Water Tank Owned, Stove & Fridge In Units 1, Washer & Dryer In Unit 3 Stove And Fridge, Washer And Dryer In Unit 4&5
Agent details
Primary Agent
Primary Broker
CENTURY 21 HERITAGE HOUSE LTD.
Listing details
Days on REW
5 Days
MLS® Number
40835295
Source
Information Technology Systems Ontario
Board
Cornerstone Association of REALTORS®
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Property Insights

A R Kaufman Public School
  • Public
  • JK - 8
Southridge Public School
  • Public
  • JK - 6
Westmount Public School
  • Public
  • JK - 6
Queensmount Public School
  • Public
  • 7 - 8
St Dominic Savio Catholic Elementary School
  • Catholic
  • JK - 8
Forest Heights Collegiate Institute
  • Public
  • 9 - 12
St Paul Catholic Elementary School
  • Catholic
  • JK - 8
Sandhills Public School
  • Public
  • JK - 6
St John Catholic Elementary School
  • Catholic
  • JK - 8
J F Carmichael Public School
  • Public
  • JK - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
George Lavallee
Phone:
(519) 570-4663
Cell:
519-590-5959
Office:
519-570-4663
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.