112 MARGARET AVENUE, Kitchener, Ontario, N2H4H6
MLS: X12742906 | Multi-Family
$2,095,000
Property Description
Charming 12-unit brownstone in Kitcheners sought-after Mount Hope neighborhood, 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 $121,154.00, representing a 5.78% 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:64974)
Quick Facts
- Property Type: Multi-Family
- Bedrooms: None
- Bathrooms: None
- Living Area: 8,900 sq ft (826.8 m²)
- Attached: Yes
- Frontage: 50 ft (15.1 m)
Costs
- Annual Taxes: $26,076.36
Listing Provided by: REAL BROKER ONTARIO LTD.
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Radiant heat
- Cooling: None
- Appliances: Water Heater
Exterior & Construction
- Water: Municipal water
Lot & Land
- Frontage: 50 ft (15.1 m)
- Zoning: R2
Listing Information
Listing History
Buy/Sell/Terminated/Expired listing history for 112 MARGARET AVENUE, Kitchener, Ontario, N2H4H6
Location & Neighborhood
🚗 Travel times
Neighborhood Walkability
Mortgage & Cost Calculators
Nearby Homes (Within 2km)
Similar Homes
Similar Properties
No rental comparables found in this area.
Sold Comparables
Access to sold property data requires a registered and verified account with TRREB DDF integration.
Coming SoonRented Comparables
Access to rented property data requires a registered and verified account with TRREB DDF integration.
Coming Soon