142-146 Fergus Avenue, Kitchener
A rare opportunity to own an exceptional residence in one of the most sought-after locations.
Property Highlights
Distinctive Features That Set This Property Apart
Property Type
Single Family
Style
House
Year Built
1926
Square Footage
2429 square feet
Bedrooms
5
Bathrooms
3
Distinguished Features
Premium Amenities
Featuring luxury finishes and high-end appliances throughout
Prime Location
Situated in a prestigious neighborhood with exceptional access
Property Overview
A Closer Look at This Distinguished Residence
Kitchener Purpose-Built Rental For Sale or JV! Nearly approved 88-unit (potential 118) project with CMHC MLI Select eligibility. Ideal for market, affordable, senior, or student housing. Estimated $45M build with potential 50-year amortization. Cash/equity as low as ~$2.2M, depending on sponsor net worth and CMHC approval. Site: 0.965 acres, 72,61...
MLS Number
X12145095
Listed By
HOME LEADER REALTY INC.
Last Updated
Jun 3, 2025, 9:15 p.m.
Data Source
CREA
"This property represents an exceptional opportunity in today's market, offering the perfect blend of location, craftsmanship, and timeless appeal."
Property Specifications
Comprehensive Details of This Fine Residence
Property Specifications
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Property Provenance
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Property Timeline
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Monthly Payment
Your 20%+ down payment typically eliminates the need for private mortgage insurance, potentially saving you thousands over the life of your loan.
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Cash Flow Analysis
This property generates a positive cash flow of $1,770 per monthly. Consider reinvesting this surplus to enhance property value, build reserves for maintenance, or diversify your investment portfolio.
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