112 Margaret Avenue Kitchener, Ontario N2H 4H6
$2,250,000
Charming 12-unit brownstone in Kitchener’s sought-after Mount Hope neighbourhood, steps to the ION LRT, Kitchener GO Station, hospitals, parks, and downtown amenities. Built in 1942 and extensively updated, the property features all one-bedroom suites with modern kitchens, stainless steel appliances, luxury plank flooring, and on-site laundry. Current NOI $110,733, representing a 5% cap rate at asking price. Seven surface parking spaces (off-site). Strong rental demand from professionals, healthcare workers, and students. HST in addition to purchase price where applicable. Confidential rent roll and P&L available upon execution of a Confidentiality Agreement. (id:63013)
Property Details
| MLS® Number | 40758520 |
| Property Type | Multi-family |
| Amenities Near By | Park, Schools |
| Features | Laundry- Coin Operated |
| Parking Space Total | 7 |
Building
| Appliances | Water Softener |
| Basement Development | Partially Finished |
| Basement Type | Full (partially Finished) |
| Cooling Type | None |
| Exterior Finish | Brick |
| Stories Total | 3 |
| Size Interior | 8,900 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Park, Schools |
| Sewer | Municipal Sewage System |
| Size Frontage | 50 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R2 |
https://www.realtor.ca/real-estate/28706561/112-margaret-avenue-kitchener
130 King Street W. Suite 1900d
Toronto, Ontario M5X 1E3
130 King Street W. Suite 1900d
Toronto, Ontario M5X 1E3
130 King Street W. Suite 1900d
Toronto, Ontario M5X 1E3
Contact the agent today for more information.
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August 08 2025 03:58:41
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