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    For Sale - 95 Franklin Street, Kitchener, Ontario

    Est payment $7,442/mo
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    Views   1
    Time on Jump  46 day

    AI Summary *

    • Brand new four-plex under construction with strong 5.3% cap rate.
    • No rent control and ability to choose quality tenants.
    • Separate HVAC systems and meters for each unit.
    • Custom kitchens with quartz countertops and in-suite laundry.
    • Full unfinished basement offers potential for additional units.




    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!
    Listing IDX13742632
    Address95 Franklin Street
    CityKitchener, Ontario
    Price$1,549,900
    Bed / Bath8 / 6 Full
    Style2-Storey, Fourplex
    ConstructionBrick Veneer, Metal/Steel Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype FourplexIndoor Features Separate Heating Controls, Separate Hydro MeterOwnership FreeholdBasement Walk-Up, UnfinishedFoundation Poured ConcreteHeating / Cooling Heat PumpHeating Fuel GasSewer Sewer

    Parking 6.00
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    Listing Brokerage: RE/MAX TWIN CITY REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    95 Franklin Street
    Kitchener , Ontario
    8 6 $1,549,900
    Get more info