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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)
BusinessType | Residential |
BusinessSubType | Apartments |
MLS® Number | X11929145 |
Property Type | Multi-family |
HeatingFuel | Natural Gas |
HeatingType | Forced Air |
SizeInterior | 4672 Sqft |
Type | Multi-family |
UtilityWater | Municipal Water |
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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