Your SlideShare is downloading. ×
What would an investment at Kaufman Lofts in Kitchener look like?
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×
Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

What would an investment at Kaufman Lofts in Kitchener look like?

1,131
views

Published on

Look at why real estate investors like buying condos at the Kaufman Lofts in Kitchener Ontario. Analyze the cash flow from the rental property, and look at the tenants it will attract.

Look at why real estate investors like buying condos at the Kaufman Lofts in Kitchener Ontario. Analyze the cash flow from the rental property, and look at the tenants it will attract.

Published in: Real Estate

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
1,131
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
2
Comments
0
Likes
0
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide

Transcript

  • 1. The Kaufman Lofts in Kitchener Waterloo A Real Estate Investor’s Perspective
  • 2. Why do Real Estate Investors like buying condos at Kitchener’s Kaufman Lofts? A real estate investor recently asked me why people like buying condos at the Kaufman Lofts in Kitchener, Ontario Between the terrific location (across from the new Health Sciences campus at the corner of King and Victoria St in downtown Kitchener), the iconic nature of the property – Kaufman Footwear has been there since the early 20th century – and the premier rents the condos generate, they can make a great real estate investment. Lets look at some of the reasons investors like buying condos here, and go through the potential cash flow that the rental unit can generate.
  • 3. http://www.flickr.com/photos/tudor/17660301 • Originally built in 1908, the building was formerly the Kaufman Footwear Plant
  • 4. Location Location Location • Across from Downtown Kitchener Health Sciences Campus – University of Waterloo School of Pharmacy – McMaster School of Medicine – Optometry clinic • The school projected to have 480 undergrad & 70 graduate students + 50 faculty & staff.
  • 5. How are investors doing?
  • 6. • When the lofts were first introduced to the market by the builder, prices ranged from $114,990 for a 515 sq. ft. unit, to $197,990 for a 1,120 sq. ft. unit. A $203 / sq ft average
  • 7. What is a condo at Kaufman Lofts in Kitchener Worth? • Now selling at an average of $271 / sq ft
  • 8. For more information Benjamin Bach Director, Commercial Division KW COMMERCIAL a division of Keller Williams Golden Triangle Realty Benjamin@BenjaminBach.com 519 772 4376 direct 519 772 4377 fax 519 570 4447 office 9-871 Victoria Street North Kitchener, ON N2B 3S4 Not intended to solicit anyone or properties under contract to another brokerage
  • 9. For more information on Kaufman Lofts and other condos in Kitchener, contact Benjamin Bach @ Benjamin@BenjaminBach.com, or call me at 519-772-4376 Related Real Estate Investment Articles: Real Estate Investment Tip: Raising Rent on Rental Units in Ontario 144 Park New Luxury Condos in Waterloo Top 10 Reasons to Invest in Kitchener Waterloo Real Estate Bauer Lofts, new luxury condos in Waterloo, Ontario 3 Things You Should Look For Before Investing in a Condo in Kitchener Waterloo New Report Released About Kitchener Waterloo Real Estate 3 Things You Should Look For Before Investing in a Condo in Kitchener Waterloo Over the last few years our clients have been investing… Why we invest in Kitchener Waterloo Real Estate Yesterday I had the chance to sit down with two… Kitchener Waterloo Real Estate Market Update – October 2009 September 2009 was a very busy month for real estate… Commercial Real Estate news heard on Twitter Not familiar with Twitter? Twitter is a communication platform where… What happened in Kitchener Waterloo Real Estate in ‘09? This morning we looked at the strong sales the KW… Canadian Real Estate Market Growth Based on Demand An interesting article on the national real estate market in…