147 Binscarth Road, Kitchener, Ontario N2M 3E4 (27815424)


LOADING

4,672 ft2
Forced Air

$999,000

Exceptional investment opportunity! This stunning fourplex offers a first-position 80% Vendor Take-Back (VTB) financing - dont miss your chance! Situated in a vibrant Kitchener community, this property offers an unbeatable location within walking distance of St. Marys Hospital, public transportation, and a variety of essential amenities. This fourplex, priced at $999,000, presents tremendous upside potential. Three units are significantly under market value, while the fourth, a newly added legal two-bedroom unit, is exempt from rent control. All major capital expenditures have been addressed, including plumbing, electrical, and other essential upgrades, making this a truly turnkey investment. Only minor interior cosmetic renovations are needed upon unit turnover! (id:54662)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number X11929145
Property Type Multi-family
Neigbourhood St. Mary's

Building

Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 4,672 Ft2
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Size Depth 116 Ft ,9 In
Size Frontage 40 Ft
Size Irregular 40 X 116.8 Ft
Size Total Text 40 X 116.8 Ft
Zoning Description R2a

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Andrew Odoardi
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Exp Realty
4711 Yonge St 10th Flr, 106430
Toronto, Ontario M2N 6K8

(866) 530-7737