147 Binscarth Road, Kitchener | Image 1

147 Binscarth Road

Kitchener

  • Commercial

$999,000
For Sale

Added 1 month ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-2 To 5 Units

  • Zoning: R2A

  • Age: No Data

  • Taxes: 5460.44

  • MLS®#: X11929145

  • Days on Site: 7 Days

  • Added: Jan 17, 2025 (1 month ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: EXP REALTY

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!

Property

  • Status: Sale

  • Type: Apts-2 To 5 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Area: Kitchener

  • Availability Date: TBD

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Available

Building

  • Heat Type: Gas Forced Air Closd

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

Fees

  • Tax Year: 2024

  • Taxes: $5,460

  • Taxes Type: Annual

Land

  • Cross Street: Binscarth / Pleasant

  • Municipality District: Kitchener

  • Parcel Number: 224860099

  • Lot Depth: 116.8 Feet

  • Lot Frontage: 40 Feet

  • Zoning: R2A

Commercial Specific

  • Total Area: 4672

  • Total Area Metric: Sq Ft

  • Lot Code: Lot

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Map of 147 Binscarth Road, Kitchener
7-8

Courtland Avenue Public School

Elementary: Public
1.10 km
JK-8

St Bernadette Catholic Elementary School

Elementary: Catholic
0.64 km
JK-6

Queen Elizabeth Public School

Elementary: Public
1.26 km
7-8

Queensmount Public School

Elementary: Public
1.00 km
JK-6

J F Carmichael Public School

Elementary: Public
0.53 km
JK-6

Forest Hill Public School

Elementary: Public
1.31 km
Pre-Grade 9-12

Forest Heights Collegiate Institute

Secondary: Public
2.25 km
Pre-Grade 9-12

Kitchener Waterloo Collegiate and Vocational School

Secondary: Public
2.21 km
Pre-Grade 9-12

Bluevale Collegiate Institute

Secondary: Public
4.24 km
Pre-Grade 9-12

Eastwood Collegiate Institute

Secondary: Public
3.10 km
9-12

St Mary's High School

Secondary: Catholic
3.09 km
Pre-Grade 9-12

Cameron Heights Collegiate Institute

Secondary: Public
1.66 km
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