5 PLEX IN KITCHENER WITH PLANS/PERMITS TO ADD 6 NEW UNITS
Owned by same family for 30+ years, this 5 plex in Kitchener is walking distance to downtown, Google, and U of W School of Pharmacy. Over $130,000 has been spent on approved permits at hand to build additional 6 one bedroom units (with 1 unit slated for laundry/lockers). Existing tenants pay for their own hydro. New building calls for tenants to pay for all personal utilities. Treat mortgage as clear. Vendor open to VTB first mortgage!
All information furnished regarding this property is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price or other terms, prior sale, or withdrawl without notice. Prospective purchasers are advised to seek independent legal, accounting or any other consulting advice as may be deemed necessary to submit an offer to purchase. - Cooperating Brokers acting for buyers to be paid by buyers unless otherwise arranged. Not intended to solicit properties already for sale. Not intended to interfere with Purchaser-Agency Agreement.