58 Hazelglen Drive
Kitchener
N2M 2E3
$1,599,000
Residential Income
beds: 12
baths: 6.0
6,150 sq. ft.
built: 1974
- Status:
- Active
- Prop. Type:
- Residential Income
- MLS® Num:
- 40835295
- Bedrooms:
- 12
- Bathrooms:
- 6
- Year Built:
- 1974
- Photos (18)
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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.
- Property Type:
- Residential Income
- Property SubType:
- Multi-6-9 Unit
- Year built:
- 1974 (Age: 52)
- Listing General Location:
- 323 - Victoria Hills, 3 - Kitchener West
- Bedrooms:
- 12
- Bathrooms:
- 6.0 (Full:-/Half:-)
- Lot Details:
- 118.3 x 127.22
- Lot Depth:
- 127'3"
- Lot Frontage:
- 118'4"
- Kitchens:
- 0
- County Or Parish:
- Waterloo
- Taxes:
- Signup
- Features:
- Attached Garage: No, Crops Included: No, Garage: No, Inspection ESA: No, Inspection Fire: No, Local Improvement Fees Exist: No, New Construction: No
- Construction:
- Aluminum Siding, Brick Veneer, Concrete, Shingle Siding
- Basement:
- Full, Unfinished
- Foundation:
- Poured Concrete
- UFFI:
- No
- Roof:
- Asphalt Shing
- Year Roof Replaced:
- 2012
- Number of Storeys:
- 2
- Number of Buildings:
- 0
- Total Floor Area:
- 6,150 sq. ft.
- Finished Area Above Grade:
- 6,150 sq. ft.
- Fireplace:
- false
- Laundry Features:
- In-Suite
- Water Supply:
- Municipal
- Sewer:
- Sewer (Municipal)
- Cooling:
- None
- Heating:
- Baseboard, Natural Gas
- Age Electric:
- 1974
- Age Plumbing:
- 2005
- Age Tank:
- 2025
- Hot Water Tank Owned,Washer & Dryer In Unit 3 Stove And Fridge, Washer And Dryer In Unit 4&5, Stove & Fridge In Units 1,2,6.
- Hot Water Tank Owned, Dryer, Refrigerator, Stove, Washer
- Tenants Belongings
- Separate Heating Controls, Separate Hydro Meters, Upgraded Insulation
- false
- No
- go west from Westmount Rd on Victoria St S and right at he first corner
- None
- No
- Carbon Monoxide Detector(s)
- HST Applicable To Sale Price:
- No
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Association Fee 2:
- Signup
- Association Fee 2 Frequency:
- Signup
- Administrative Fee:
- Signup
- Features:
- Attached Garage: No, Crops Included: No, Garage: No, Inspection ESA: No, Inspection Fire: No, Local Improvement Fees Exist: No, New Construction: No
- Road Access Fee:
- Signup
- Insurance Expense:
- $4,364.36
- Expenses:
- Estimated
- Snow Garbage Expense:
- $700
- Utilities Expense:
- 15952.34
- Net Income:
- $80,577.13
- Lease to Own Equipment:
- None
- Leases:
- Yes
- Zoning:
- R2B
- Total Acres:
- 1391
- Lot Site Features:
- Rectangular, Highway Access, Hospital, Library, Park, Place of Worship, Playground Nearby, Public Transit, Rec./Community Centre, Regional Mall, Schools, Shopping Nearby
- Features:
- Attached Garage: No, Crops Included: No, Garage: No, Inspection ESA: No, Inspection Fire: No, Local Improvement Fees Exist: No, New Construction: No
- Parking:
- Asphalt
- # Of Total Parking Spaces:
- 10.0
- # Of Open Parking Spaces:
- 10.0
- Driveway Parking:
- Outside/Surface/Open
- Road Frontage Type:
- Municipal Road
- Licensed Dwelling:
- No
- Num Apartment Units:
- 0
- Num Bachelor Units:
- 0
- Num Efficiency Units:
- 0
- Num Loft Units:
- 0
- Num Other Units:
- 0
- Num Penthouse Units:
- 0
- Num Studio Units:
- 0
- Num Occupied Units:
- 6
- Total Units:
- Signup
- Listed Date:
- Jun 01, 2026
-
Photo 1 of 18 -
Photo 2 of 18
-
View of yard
-
View of yard
-
View of uncovered parking lot
-
Kitchen featuring stove, dark countertops, white cabinets, and dark wood-style floors
-
Kitchen with range, dark wood-type flooring, white cabinets, fridge, and dark countertops
-
Dining room featuring wood finished floors and baseboard heating
-
Living area featuring wood finished floors
-
Bedroom featuring wood finished floors
-
Half bathroom featuring vanity and wood finished floors
-
Bathroom featuring shower / bath combo
-
Kitchen with white range with electric cooktop, dark countertops, refrigerator, white cabinets, and dark wood-style flooring
-
Living room featuring dark wood finished floors
-
Photo 15 of 18
-
Bedroom with wood finished floors and a baseboard heating unit
-
Bedroom with dark wood-style floors and a baseboard radiator
-
Bedroom featuring dark wood-style flooring and a closet
Listed by CENTURY 21 HERITAGE HOUSE LTD.
Data was last updated June 1, 2026 at 09:50 PM (UTC)
Area Statistics
- Listings on market:
- 19
- Avg list price:
- $975,000
- Min list price:
- $569,900
- Max list price:
- $1,750,000
- Avg days on market:
- 24
- Min days on market:
- 2
- Max days on market:
- 119
- Avg price per sq.ft.:
- $350.56
These statistics are generated based on the current listing's property type
and located in
3 - Kitchener West. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- Brian Santos
- Broker
- 519-404-9967
- Contact by Email
Quick Links
Contact Me
Cell: 519-404-9967
brian@grandlivingwr.com
RE/MAX Twin City Realty Inc.
83 Erb St W Waterloo, ON N2L 6C2