112 Margaret Avenue, Kitchener, ON N2H 4H6, Kitchener, ON, N2H 4H6
MLS: X12742906 | Investment
$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.
Quick Facts
- Property Type: Investment
- Bedrooms: None
- Bathrooms: None
Costs
- Annual Taxes: $26,076.36 (2025)
Listing Provided by: REAL BROKER ONTARIO LTD.
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Cooling: No
- Utilities: Yes
Lot & Land
- Zoning: R2
Listing Information
Listing History
Sold history, price changes, and days-on-market are reserved for registered users.
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Similar Homes ?Similar Homes — Search CriteriaSearch Radius5 kmPrice Range±5%Match Home TypeYesMatch BedroomsYes
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Property Comparables ?Active Comparables — Search CriteriaSearch Radius2 kmPrice Range±15%Match Home TypeYesMatch BedroomsYes
No active comparables found in this area.
No rental comparables found in this area.
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112 Margaret Avenue, Kitchener, ON N2H 4H6, Kitchener, ON, N2H 4H6