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$999,000

147 BINSCARTH ROAD, Kitchener, Ontario, N2M 3E4

MLS® # X11929145

Property Information:

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! (id:27)

Building Features:

  • Style: Fourplex
  • Building Type: Multi-Family
  • Heating Type: Forced air
  • Heating Fuel: Natural gas

Property Features:

  • Property Type: Multi-family
  • Irregular: Yes
  • Lot Depth: 116.8 Feet
  • Lot Frontage: 40.0 Feet
  • Lot Size: 40 x 116.8 FT
  • Zoning: R2A

Courtesy of: EXP REALTY

REALTOR.ca  

Location of 147 BINSCARTH ROAD, Kitchener, Ontario, N2M 3E4

Demographic Information of 147 BINSCARTH ROAD, Kitchener, Ontario, N2M 3E4

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$108,138.71

Average Number of Children

1.65

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.5 %

High school certificate or equivalent

26.91 %

Apprenticeship trade certificate/diploma

7.17 %

College/non-university certificate

24.16 %

University certificate (below bachelor)

1.63 %

University Degree

21.63 %

Commuter

Travel To Work

By Car

79.13 %

By Public Transit

7.92 %

By Walking

8.53 %

By Bicycle

0.49 %

By Other Methods

3.93 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

26.87 %

Houses

73.13 %

Own Vs. Rent