147 Binscarth Road

Kitchener, N2M 3E4
FOR SALE
$999,000
147 Binscarth Road, Kitchener
147 Binscarth Road
147 Binscarth Road
147 Binscarth Road
147 Binscarth Road
147 Binscarth Road
147 Binscarth Road
147 Binscarth Road
147 Binscarth Road
Investment
CATEGORY
4,672 Sq Ft
TOTAL AREA
X11929145
MLSID
Contact Us
Property Description
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!
Property Details
Address
147 Binscarth Road
Postal Code
N2M 3E4
Property Type
Investment, Investment
Days On Market
46
Use
Apartment
Zoning
R2A
Lot Size
40' x 117'
Total Area
4,672 Sq Ft
Taxes
$5,460 (2024
Basement
[]
Exterior
[]
Heat Type
Gas Forced Air Closed
Water
Municipal
Pool
[]
Garage Type
Outside/Surface
Listing contracted with Exp Realty
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