For Sale

147 Binscarth Road, Kitchener, Ontario N2M3E4

$999,000

147 Binscarth Road, Kitchener, Ontario N2M3E4 is For Sale and has a listing price of 999,000. The property is located in the St. Marys Hospital neighbourhood. It's been on the website for 36 Days.

  • Multi-family
    Property Type
  • Multi-family
    Building Type
  • MLS ID: X11929145
  • Office Name EXP REALTY
Property Description

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! (id:43137)

Property Details
  • MLS ID: X11929145
  • Price: $999,000
  • Transaction Types: For Sale
  • Ref ID: 27815424
  • Year Built: N/A
  • Building Type: Multi-family
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
01/17/2025 X11929145 $999,000 For Sale - -
02/02/2024 40535442 $1,035,000 For Sale - -
11/10/2023 40511944 $1,035,000 For Sale - -
09/12/2023 40481440 $1,090,000 - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
St. Marys Hospital
  • $850,015 Average List Price
    based on 1 year
  • 3 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 2.45 % Below
  • Sold (12mo) 10
  • Rented (12mo) 3

  • 1 Month Change -30.7%
  • 3 Month Change -5.9%
  • 6 Month Change -0.0%
Walkscore
  • 61 Walk Score
    Somewhat Walkable
  • 50 Transit Score
    Good Transit
  • 65 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    87.12%
  • Commercial
    5.52%
  • Condo
    6.13%
  • Land for Sale
    1.23%
Additional Details
  • Heat Source Natural Gas
  • Heating System Forced Air
  • Water Municipal Water
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 17/01/2025 00:00:00
  • Zoning Crd
  • Agent Name: ANDREW ODOARDI
  • Last Updated: 24/01/2025 18:38:32
Open House Dates
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