95 FRANKLIN STREET N
Kitchener, Ontario
MLS® X13423412
$1,599,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13423412
- Bedrooms
- 8
- Bathrooms
- 6
- Year built
- —
1 / 3Listing description
BRAND NEW PURPOSE BUILT FOUR-PLEX! NO RENT CONTROL HERE! CURRENTLY UNDER CONSTRUCTION with a 6% cap rate!
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!
Property summary
- MLS® number
- X13423412
- Property type
- Multi-family
- Building type
- Fourplex
- Land size
- 55 x 110 FT
- Annual property taxes
- $9,000.00
- Parking
- 6 spaces · No Garage, Shared
- Days on market
- 78 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Basement
- Unfinished, Full, Walk-up, N/A, N/A
- Exterior features
- Steel, Brick Veneer
What would this home cost you?
Based on the $1,599,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX TWIN CITY REALTY INC., CAMBRIDGE.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.