147 Binscarth Rd - Apartments FOR SALE


Kitchener, ON N2M 3E4- Kitchener South-Central
$999,000 CAD
866-530-7737

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$999,000 CAD
Apartments - FOR SALE
null | Request Cap Rate

147 Binscarth Rd
Kitchener, ON N2M 3E4
Kitchener South-Central


HIGHLIGHTS

  • Great Location
  • Fourplex
  • Recent Essential Upgrades

OVERVIEW

Exceptional investment opportunity! This stunning fourplex offers a first-position 80% Vendor Take-Back (VTB) financing - don't 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!

FOR SALE DETAILS

PRICE

$999,000 CAD

PRICE/SF

$214 CAD /SF

# OF UNITS

4

PRICE/UNIT

$249,750

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R2A

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Andrew OdoardieXp RealtyMore Info
866-530-7737

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Andrew OdoardieXp RealtyMore Info
866-530-7737

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.