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147 Binscarth Road Kitchener, Ontario N2M 3E4

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:58671)

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

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