Cash-flowing four-unit property 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
Data was last updated February 22, 2026 at 09:50 AM (UTC)
Area Statistics
Listings on market:
46
Avg list price:
$449,900
Min list price:
$289,000
Max list price:
$1,050,000
Avg days on market:
33
Min days on market:
2
Max days on market:
339
Avg price per sq.ft.:
$524.85
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.