147 Binscarth RD Active

Kitchener,ON N2M 3E4

$ 999000

- Bed

- Bath

4672 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,672 sqft

Price per Sqft $213

MLS Listing ID X11929145

Annual Tax Amount $5,460

Tax Year 2024

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!

Location

State ON

County Waterloo

Area Waterloo

Zoning R2A

Interior

Cooling No

Exterior

Parking Features Outside/Surface

Utilities Available Available

Building

Lot Description Lot

View More
Favorite Go Tour