$1,749,900

Investment For Sale In Vanier, Kitchener, Ontario

$1,749,900

Property Information:

Here is your chance to own a modern, purpose-built fourplex which was constructed only in 2024. This exceptionally built property features two 3-bedroom upper-level units and two 2-bedroom lower-level units, all offering quality finishes and enhanced soundproofing insulation with resilient channel and SonoPan for improved privacy and comfort between units. The property features upgraded kitchen cabinets, countertops and appliances, commercial-grade laminate flooring, commercial steel siding and insulated vertical siding. The rear unit benefits from a covered porch with skylight, while a drainage system around the property provides additional protection and functionality. Each unit is separately metered for utilities, making this an efficient and attractive investment. Excellent tenants are currently in place, providing stable income and peace of mind for the new owner. Residents enjoy a shared common backyard area at the rear. Located in an established family-friendly neighbourhood which is close to amenities, transit, parks, schools and highway access. This is a rare opportunity to acquire a newer, custom built fourplex offering an excellent unit mix, premium construction, upgraded soundproofing, separately metered utilities and strong existing tenancy with an approximate 5.5% cap. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Basement Development: Finished
  • Basement Type: Full
  • Exterior Finish: Aluminum siding, Brick
  • Floor Space: 4660 sqft
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 10
  • Bathrooms: 8
  • Access Type: Highway access
  • Amenities Nearby: Park, Schools, Shopping
  • Floor Space (approx): 4660 Square Feet
  • Lot Depth: 190 Feet
  • Lot Frontage: 33 Feet
  • Zoning: RES-4
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 2

Courtesy of: CITIMAX REALTY LTD.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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