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95 FRANKLIN Street N, Kitchener, Ontario, N2A 1Y1

MLS® # 40828310
Investment For Sale In Stanley Park, Kitchener, Ontario
$1,599,900
95 Franklin Street N, Kitchener, ON - Outdoor With Exterior
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95 FRANKLIN Street N, Kitchener, Ontario, N2A 1Y1
$1,599,900

Property Information:

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! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Basement Development: Unfinished
  • Basement Type: Full
  • Exterior Finish: Metal
  • Floor Space: 3446 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Heat Pump
  • Cooling Type: Central air conditioning

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Access Type: Highway access
  • Amenities Nearby: Park, Playground, Public Transit, Schools, Shopping
  • Community Features: High Traffic Area, Community Centre, School Bus
  • Floor Space (approx): 3446 Square Feet
  • Lot Depth: 110 Feet
  • Lot Frontage: 55 Feet
  • Zoning: R2B
  • Sewer: Municipal sewage system
  • Parking Type: Open
  • No. of Parking Spaces: 6

Courtesy of: RE/MAX TWIN CITY REALTY INC.

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Sales/Price History

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Market Price Trends

Single family detached

6.84%

Price change (1 year)

32.32%

Price change (5 years)

All Properties

6.29%

Price change (1 year)

32.41%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 95 FRANKLIN Street N, Kitchener, Ontario, N2A 1Y1

Demographic Information of 95 FRANKLIN Street N, Kitchener, Ontario, N2A 1Y1

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$106,919.39

Average Number of Children

1.73

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.03 %

High school certificate or equivalent

35.07 %

Apprenticeship trade certificate/diploma

8.08 %

College/non-university certificate

22.59 %

University certificate (below bachelor)

1.39 %

University Degree

17.84 %

Commuter

Travel To Work

By Car

91.74 %

By Public Transit

3.41 %

By Walking

0.67 %

By Bicycle

0.0 %

By Other Methods

4.18 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

39.99 %

Houses

60.01 %

Own Vs. Rent

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