95 Franklin Street
Kitchener, N2A 1Y1
FOR SALE
$1,549,900
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8
BEDROOMS 6
BATHROOMS 4
KITCHENS 14
ROOMS X13742632
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Property Description
BRAND NEW PURPOSE BUILT FOUR-PLEX! NO RENT CONTROL HERE! CURRENTLY UNDER CONSTRUCTION with a 5.3% cap rate! 60 days possession available! This custom build four unit building offers its new owner years of carefree investing with a great return. You set the rents and pick your own hand picked quality tenants. Designed with the investor in mind this building features no interior hallways to maintain. In suite laundry rooms in all suites. Open concept modern layouts with custom kitchens with quartz counter tops. High quality hard surface flooring throughout. Separate HVAC systems in all units with all separate meters. Full unfinished basement with 2 separate doors gives this property even more additional potential to add another 2 units with City of Kitchener approval. Great Stanley park neighbourhood close to all amenities. This is a great opportunity for the savvy investor looking to add a quality income producing property to their investment portfolio. Full 7 year Tarion warranty!! A great turnkey opportunity!
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2024-04-05 | 2024-04-11 | 6 | $399,900 | $477,000 |
Property Features
Separate Heating Controls, Separate Hydro Meter, Available
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Property Details
Address
95 Franklin Street
City
Postal Code
N2A 1Y1
Property Type
Fourplex, Fourplex
Lot Size
55' x 110'
Taxes
$9,000 (2026
Basement
Walk-Up, Unfinished
Heat Type
Heat Pump
Heat Source
Gas
Water
Municipal
Parking Spaces
6
Garage Type
None
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Listing contracted with Re/Max Twin City Realty Inc.
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