Professional Documents
Culture Documents
Originally built in 1908, the building was formerly the Kaufman Footwear
Plant.
One client saw a 750 sq foot unit in Waterloo for $135,000, and preferred
the 710 sq foot Kaufman Loft at $210,000. The loft has a „cachet‟ that just
isn‟t seen in most other developments in the area.
OK – people want to buy these to live in… but this brings us to the
question: Is this an appealing real estate investment?
One of the biggest factors is location.
For the convenience, cleanliness and cachet, they‟re usually willing to pay
a premium.
I‟ve seen 1 bedroom units renting between $1,000 and $1,200 a month,
depending on upgrades and square footage.
Pretty healthy rental rates, but not a surprise when you consider how tight
the rental market is in Kitchener Waterloo right now (click to read Vacancy
Rate Falls in Kitchener Waterloo – Again).
What are the condos like inside?
More things your future tenants will appreciate are the upgraded cabinets,
luxurious Kitchen featuring a granite island,
stainless steel appliances, electric fireplace and an upgraded deep soaker
tub.
If you are interested in learning about how a Kaufman Loft in Kitchener can
fit into your real estate investment portfolio, call me now @ 519 570 4447
or send me an email.
Are you interested in what a condo at the Kaufman Lofts sells for?
Below is a list of the most recent sales at Kaufman, including what the
condo was for sale at, how many days it was on the market, what it sold
for, and when.
–
Related Real Estate Investment Articles:
Commercial Real Estate news heard on Twitter Not familiar with Twitter?
Twitter is a communication platform where...
Commercial Real Estate news around the web Here are some commercial
real estate reports and stories I‟ve...
Investment Real Estate Terms: Cap Rate & Cash on Cash Return One of
the questions I get a lot is “whats...
Benjamin@BenjaminBach.com
519 772 4376 direct | 519 772 4377 fax
9-871 Victoria Street North Kitchener, ON N2B 3S4 | 519 570 4447
office