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$ 1,150,000

25 Morrison Road, Kitchener, ON, N2A 2W6

Listing ID# 30634988
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$ 1,150,000

  • 25 Morrison Road
    Centreville Chicopee, Kitchener, ON N2A 2W6
  • Listing ID 30634988
  • Building Type: Land
  • Status: For Sale/Active
  • Days on Market: 108
  • Occupancy: Owner

Property Description

Land for 20 unit apartment building. R-6 zone, three stories, services available Nov 2018, Gateway to Chicopee, minutes from bus lines, future LRT and 401. Ideal seniors building, backs onto Freeport Hospital. Can be bought with 7 & 33 Morrison for a total of 2 acres. Possible 70 units, fantastic setting completely treed lot. 7% cap rate approx $275,000 net income.




Demographics

Centreville Chicopee Property Overview
68%Own 32%Rent
  • Detached 1,998
  • Low-Rise 872
  • Semi-Det. 479
  • Duplex 237
$ 363 k

Average Home Price in Centreville Chicopee

40 years

Average home age in Centreville Chicopee

Household Size
3,635One-family 1,248Non-family 68Multi-family
Household size (# people)
  • 11,257
  • 21,518
  • 3946
  • 4-51,086
  • 6+144
Household Income in Centreville Chicopee
89.7%Employed 6.4%Unemployed 3.8%Self-Employed
  • White Collar 3,762
  • Blue Collar 3,099
$ 91 k

Average income

38 years

Average age

Education
  • Certificate, diploma, degree 10,622
  • High School 4,439
  • No Certificate 3,725
  • College 2,747
  • Apprenticeship 1,185
Marital Status in Centreville Chicopee
49%Married 34%Single 17%Other
Age groups
  • 0-1925%
  • 20-2915%
  • 30-4928%
  • 50+32%

Points of interest and Comparables - Centreville Chicopee

top

$252,077*

average price

+7.34%

market trend

* - average price based on 47 comparable properties in the neighbourhood
# date listed bed/bath
1 2/2/2018 $1,250,000
2 4/19/2018 $549,900 3/1 + 2
3 4/25/2018 $299,900 3/2
4 5/2/2018 $249,900 3/2
5 5/5/2018 $499,900 4/2
6 5/11/2018 $949,900 3 + 1/4
7 5/2/2018 $335,900 2/2 + 1
8 4/19/2018 $549,900 3/1 + 1
9 3/31/2018 $800,000 2 + 1/3
10 5/18/2018 $259,900 2/3
101 KOSSUTH Road, Breslau, ON
VACANT LAND
101 KOSSUTH Road
Breslau
Listing courtesy of Royal LePage Wolle Realty
33 Morrison Road, Kitchener, ON
Land
33 Morrison Road
Kitchener
Listing courtesy of RE/MAX TWIN CITY REALTY INC.
$1,250,000
  • 6 schools
Add to favourites
132 Woolwich Street, Kitchener, ON
Land
132 Woolwich Street
Kitchener
Listing courtesy of RE/MAX TWIN CITY REALTY INC.
$1,150,000
  • 6 schools
Add to favourites
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25 Morrison Road, Kitchener, ON
Land
25 Morrison Road
Kitchener
Listing courtesy of RE/MAX TWIN CITY REALTY INC.
$1,150,000
  • 6 schools
Add to favourites
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