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!
Property Type:
Residential Income
Property SubType:
Multi-4 Unit
Listing General Location:
226 - Stanley Park/Centreville, 2 - Kitchener East
Ample Parking, High Traffic Area, Highway Access, Park, Place of Worship, Playground Nearby, Public Transit, Rec./Community Centre, School Bus Route, Schools, Shopping Nearby
Features:
Crops Included: No, Garage: No, New Construction: No
Data was last updated May 9, 2026 at 05:50 PM (UTC)
Area Statistics
Listings on market:
20
Avg list price:
$954,000
Min list price:
$499,900
Max list price:
$12,795,000
Avg days on market:
35
Min days on market:
1
Max days on market:
218
Avg price per sq.ft.:
$337.25
These statistics are generated based on the current listing's property type
and located in
2 - Kitchener East. Average values are
derived using median calculations. This data is not produced by
the MLS® system.