- On Kijiji since February 2015
- View poster's other Ads
|Address||Kitchener, ON N2B2V1, Canada
|Bedrooms (#)||6 or more bedrooms|
|Bathrooms (#)||6 or more bathrooms|
|For Sale By||Owner|
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.
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