95 Franklin Street North

Kitchener, ONMulti-family
$1,549,900
MLS® X13742632
Multi-family8 beds6 baths6 total
95 Franklin Street North, Kitchener, ON photo 1
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About This Property

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! (id:63604)

Key Facts

Type
Multi-family
Beds
8
Baths
6
Size
3,000 sqft
Lot
55 x 110 FT
Parking
6 total
Property Details 15 details
Bedrooms
8 bedrooms
8 above grade
Bathrooms
6 bathrooms
2 partials
Parking
6 parking spaces
No Garage
Living area
3,000 - 3,500 sq. ft.
Property
Multi-family · Attached
Property subtype
Multi-family
Structure type
Fourplex
Attached status
Attached
Storeys
2
Basement
Unfinished, Walk-up
Heating
Heat Pump, Natural gas
Cooling
Central air conditioning
Fireplace
No
Lot dimensions
55 x 110 FT
Frontage
55 feet
Taxes
$9,000.00
Water source
Municipal water
Sewer
Sanitary sewer

Interior features

Separate Electricity MetersSeparate Heating Controls

Exterior features

SteelBrick VeneerPoured Concrete
Mortgage & Affordability Estimate monthly costs
Purchase price$1,549,900
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Map is approximate.

Neighbourhood

City
Kitchener
Postal code
N2A 1Y1
Nearby
Cross Streets: Weber. ** Directions: Weber to Franklin.