85 Franklin St N, Kitchener, ON N2A 1Y1, Canada
85 Franklin St N, Kitchener, ON N2A 1Y1, CanadaBasics
- Date added: Added 6 hours ago
- Category: Residential Income
- Type: Multi-4 Unit
- Status: Active
- Bedrooms: 8
- Bathrooms: 6
- Area: 3446 sq ft
- County Or Parish: Waterloo
- MLS ID: 40828310
Description
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Description:
BRAND NEW PURPOSE BUILT FOUR-PLEX! NO RENT CONTROL HERE! CURRENTLY UNDER CONSTRUCTION with a 6% cap rate! 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!
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Location
- Parking Total: 6
- Directions: Weber to Franklin
Building Details
- Number Of Units Total: 4
- Building Area Total: 3446 sq ft
- Number Of Buildings: 0
- Security Features: Carbon Monoxide Detector, Smoke Detector
- Construction Materials: Brick Veneer, Metal/Steel Siding
- Roof: Asphalt Shing
Amenities & Features
- Water Source: Municipal
- Sewer: Sewer (Municipal)
- Cooling: Central Air
- Interior Features: Separate Heating Controls, Separate Hydro Meters
- Heating: Heat Pump