95 Franklin Street N,Kitchener, ON N2A 1Y1
Kitchener, ON N2A 1Y1
Description
BRAND NEW PURPOSE BUILT FOUR-PLEX! NO RENT CONTROL HERE! CURRENTLY UNDER CONSTRUCTION with a 5.3% cap rate! 60 days possession available! 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!
Details
| MLS # | X13742632 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 70 |
| Listing Provided By | RE/MAX TWIN CITY REALTY INC. | X13742632 360902 |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 6 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.14 |
Interior
| Interior Features | Separate Heating Controls, Separate Hydro Meter |
|---|---|
| Cooling | Central Air |
| Heat Source | Gas |
| Fireplace Yes / No | No |
Exterior
| Roof | Asphalt Shingle |
|---|---|
| Foundation Details | Poured Concrete |
| Construction Materials | Brick Veneer, Metal/Steel Siding |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Available |
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 9000 |
|---|---|
| Tax Legal Description | PT LT 3 PL 267 TWP OF WATERLOO AS IN 785265; KITCHENER |
| Tax Year | 2026 |
Area Information
| Province | ON |
|---|---|
| County | Waterloo |
| City | Kitchener |
| Postal Code | N2A 1Y1 |
| Listing VS Median (in N2A 1Y1) | |
Price: $1,549,900 low | high Med: $0 On site: 70 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Waterloo |
| City | Kitchener |
| Postal Code | N2A 1Y1 |
| Listing VS Median (in N2A 1Y1) | |
Price: $1,549,900 low | high Med: $0 On site: 70 low | high Med: | |
