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:56069)
| Business Type | Residential |
| Business Sub Type | Apartments |
| MLS® Number | X11929145 |
| Property Type | Multi-family |
| Neigbourhood | St. Mary's |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 4,672 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
| 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 |
https://www.realtor.ca/real-estate/27815424/147-binscarth-road-kitchener
Contact us for more information
Andrew Odoardi
Salesperson
(866) 530-7737
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