4672 sqft
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:48469)
Business
BusinessType
|
Residential |
BusinessSubType
|
Apartments |
Property Details
MLS® Number
|
X11929145 |
Property Type
|
Multi-family |
Building
HeatingFuel
|
Natural Gas |
HeatingType
|
Forced Air |
SizeInterior
|
4672 Sqft |
Type
|
Multi-family |
UtilityWater
|
Municipal Water |
Land
Acreage
|
No |
SizeDepth
|
116 Ft ,9 In |
SizeFrontage
|
40 Ft |
SizeIrregular
|
40 X 116.8 Ft |
SizeTotalText
|
40 X 116.8 Ft |
ZoningDescription
|
R2a |
https://www.realtor.ca/real-estate/27815424/147-binscarth-road-kitchener