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Date Listed 21-Nov-16
Please Contact
Address Kitchener, ON N2B2V1, Canada
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Bedrooms (#) 6 or more bedrooms
Bathrooms (#) 6 or more bathrooms
For Sale By Owner

  • Description
I have approved BUYERS seeking well-maintained MULTI PLEX properties in Kitchener, Waterloo and Guelph area. Must have positive cash flow that are 4-units or more.

Contact me if you are thinking of taking advantage of today's hot Real Estate Market. With a per unit selling price over $110,000, I personally think the market is a bit **overvalued** considering that expenses are increasing more than the allowed increase in rent as well as the income collected barely covers maintenance. What confuses me is the amount of buyers I have at these record high prices.
The reason for these record high prices per unit is the low borrowing cost (interest rates will eventually increase, driving prices down) and the demand for owning an investment property is substantial.

Eric Frey
*Sales Representative
Avison Young Commercial Real Estate

Contact me if you have something available or are looking to sell or if you would like to be added to my DATABASE so that I can send you updated with Multi-Family Transactions and availability

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