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$ 999,000
Est. payment /mo
Active
147 Binscarth RD Kitchener, ON N2M 3E4
4,672 SqFt
UPDATED:
01/24/2025 05:48 PM
Key Details
Property Type Commercial
Sub Type Investment
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
Utilities Available Available
Lot Frontage 40.0
Lot Depth 116.8
Listed by EXP REALTY