95 FRANKLIN Street N, Kitchener, Ontario, N2A 1Y1

$1,549,900

MLS® # 40860377

Investment For Sale In Stanley Park, Kitchener, Ontario

$1,549,900

Property Information:

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. A great turnkey opportunity! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Basement Development: Unfinished
  • Basement Type: Full
  • Exterior Finish: Metal
  • Floor Space: 3446 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Heat Pump
  • Cooling Type: Central air conditioning

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 8
  • Bathrooms: 6
  • Access Type: Highway access
  • Amenities Nearby: Park, Playground, Public Transit, Schools, Shopping
  • Built in: 2026
  • Community Features: High Traffic Area, Community Centre, School Bus
  • Floor Space (approx): 3446 Square Feet
  • Lot Depth: 110 Feet
  • Lot Frontage: 55 Feet
  • Zoning: R4
  • Sewer: Municipal sewage system
  • Parking Type: Open
  • No. of Parking Spaces: 6

Courtesy of: RE/MAX TWIN CITY REALTY INC.

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