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147 Binscarth Road, Kitchener, ON, N2M 3E4

MLS® # 40535442
Investment For Sale In St. Marys Hospital, Kitchener, Ontario
$1,035,000
147 Binscarth Road, Kitchener, ON
147 Binscarth Road, Kitchener, ON
147 Binscarth Road, Kitchener, ON
147 Binscarth Road, Kitchener, ON
147 Binscarth Road, Kitchener, ON
147 Binscarth Road, Kitchener, ON
147 Binscarth Road, Kitchener, ON
147 Binscarth Road, Kitchener, ON
147 Binscarth Road, Kitchener, ON
147 Binscarth Road, Kitchener, ON
147 Binscarth Road, Kitchener, ON
147 Binscarth Road, Kitchener, ON
147 Binscarth Road, Kitchener, ON
147 Binscarth Road, Kitchener, ON
147 Binscarth Road, Kitchener, ON
147 Binscarth Road, Kitchener, ON
147 Binscarth Road, Kitchener, ON
147 Binscarth Road, Kitchener, ON
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147 Binscarth Road, Kitchener, ON, N2M 3E4
$1,035,000

Property Information:

Legal 4-Plex in desirable Kitchener neighbourhood. Major and significant renovations to majority of systems were undertaken in 2022 including 2 new high efficiency NGFA furnaces, 2 new AC units, 2 new hot water heaters, electrical upgraded to 200 AMP (with separate meters for tenants) and brought fully to code, plumbing including replacement of all galvanized and cast. In addition there is a brand new 2bed/2bath unit that was completed in 2023 with City of Kitchener closing all permits in April of 2023. The unit features a new kitchen with stainless steel appliances including dishwasher and over the range microwave, quartz countertop, vinyl tile, pot lights, two remodeled and renovated bathrooms, new windows with fire egress and a bright design with ample exterior light. Close to transit, hospital, schools, recreation, shopping and other amenities. BE YOUR OWN LANDLORD AND SKIP THE BANK. SELLER WILL HOLD THE MORTGAGE! Low interest rate.

Inclusions: Smoke Detector,All Appliances.

Exclusions : Tenant's Possessions.

Building Features:

  • Floor Space: 2630 Square Feet

Property Features:

  • Bedrooms: 7
  • Acres Range: < 0.5
  • Basement: Full, Finished
  • Construction Materials: Other
  • Cooling: Central Air
  • Driveway Parking: Front Yard Parking, Private Drive Single Wide
  • Floor Space (approx): 2630 Square Feet
  • Heating: Forced Air, Natural Gas
  • Interior Features: Separate Hydro Meters
  • Laundry Features: None, In-Suite
  • Lot Depth: 117 Feet
  • Lot Features: Hospital, Park, Public Transit, Schools, Shopping Nearby
  • Lot Frontage: 40.00 Feet
  • Roof: Asphalt Shing
  • Security Features: Smoke Detector
  • Water Source: Municipal
  • Zoning: R-4
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 4

Courtesy of: RE/MAX REAL ESTATE CENTRE INC.

Data provided by: Kitchener-Waterloo Association of REALTORS® 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Location of 147 Binscarth Road, Kitchener, ON, N2M 3E4

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

34 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: High

34 hot days expected in 2050

52/100

High

ClimateCheck®

Current data

This property, 147 Binscarth Road , experiences 7 hot days per year at around 30.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34.3 degrees Celsius.

Projected Avg. Temperature

Past
30.8℃
2050
34.3℃

# Hot Days Per Year

Past
7
2050
34

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

14 storms expected in 2050

64/100

ClimateCheck®

Current data

This property, 147 Binscarth Road , experiences 11 significant 2-day storms per year, with about 320.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 397.8mm of precipitation per year.

Precipitation Per Storm

Past
320.2mm
2050
397.8mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 147 Binscarth Road, Kitchener, ON, N2M 3E4

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$108,138.71

Average Number of Children

1.65

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.5 %

High school certificate or equivalent

26.91 %

Apprenticeship trade certificate/diploma

7.17 %

College/non-university certificate

24.16 %

University certificate (below bachelor)

1.63 %

University Degree

21.63 %

Commuter

Travel To Work

By Car

79.13 %

By Public Transit

7.92 %

By Walking

8.53 %

By Bicycle

0.49 %

By Other Methods

3.93 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

26.87 %

Houses

73.13 %

Own Vs. Rent