147 Binscarth Road
Kitchener, N2M 3E4
FOR SALE
$999,000

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Investment
CATEGORY4,672 Sq Ft
TOTAL AREAX11929145
MLSIDContact 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!
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Property Details
Address
147 Binscarth Road
City
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
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Listing contracted with Exp Realty
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