10 Hazelglen Dr

Kitchener, Ontario N2M 2E1
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About the property

Discover a prime investment opportunity at 10 Hazelglen Dr. in Kitchener's desirable Forest Hill neighborhood. This purpose-built 18-unit apartment building offers a strong income stream with a diverse mix of seven one-bedroom units, nine two-bedroom units, and two bachelor units, appealing to a wide range of tenants.

Set on an oversized 0.635-acre lot, the property presents potential for future development, making it an exciting option for investors. The building includes 24 unassigned outdoor parking spaces and is efficiently serviced with single hydro, water, and sewer systems, along with electric heating.

Notably, 10 Hazelglen Dr. is part of a larger 45-unit portfolio comprising three buildings, all being sold collectively. Investors have the opportunity to purchase this building along with two others, expanding their real estate footprint. More details about the full 45-unit portfolio can be found on the listing page below.

Located in the heart of Forest Hill, tenants will enjoy easy access to schools, parks, shopping, and public transit. Assessed at $1,577,000 with annual taxes of $36,849.17, this well-maintained property offers excellent value with room for further growth. Don’t miss out on this exceptional investment—schedule a viewing today.

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Development Potential
The oversized 0.635-acre lot may provide opportunities for additional development or expansion.
Ample Parking
Includes 24 unassigned outdoor parking spaces for tenant convenience.
Desirable Location
Situated in the desirable Kitchener neighbourhood of Forest Hill, the property offering easy access to amenities and public transportation.
Unit-Mix Flexibility
Offers a variety of unit types with 7 one-bedroom, 9 two-bedroom, and 2 bachelor apartments, appealing to a wide tenant base.
Stable Investment
Assessed at $1,577,000 with a solid income stream from 18 units, supported by a manageable annual tax rate.
Part of a Portfolio
One of three buildings in a 45-unit portfolio, offering a unique opportunity to acquire multiple properties collectively.

10 Hazelglen Dr

Terry Riddoch
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