228 MARGARET Avenue, Kitchener, Ontario, N2H4J5
MLS: 40801493 | Multi-family
$3,340,000
Property Description
Mixed-use investment property at 228 Margaret Avenue, with adjacent 236 Margaret Avenue included in the sale. Total of 15 units: 1 commercial unit (convenience store) and 14 residential apartments (10 one-bedrooms, 3 two-bedrooms, 1 three-bedroom). Highly visible, transit-accessible location close to schools, shopping, and public transit. Strong rental demand with opportunity to improve income performance through hands-on management and capital upgrades. (id:64974)
Quick Facts
- Property Type: Multi-family
- Bedrooms: 0
- Bathrooms: 0
- Living Area: 9,701 sq ft (901.3 m²)
- Above Grade: 9,701 sq ft (901.3 m²)
- Ownership: Freehold
- Parking: 13.0 spaces (Open)
- Frontage: 62 ft (18.9 m)
Costs
- Annual Taxes: $13,856.00
Listing Provided by: Real Broker Ontario Ltd.
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Baseboard heaters
- Cooling: None
- Basement: Partially finished, Full
- Appliances: Water softener
Exterior & Construction
- Exterior: Brick
- Sewer: Municipal sewage system
- Water: Municipal water
Lot & Land
- Frontage: 62 ft (18.9 m)
- Features: Laundry- Coin operated
- Zoning: C1
Community & Neighbourhood
- Subdivision: 114 - Uptown Waterloo/North Ward
Listing Information
Listing History
MLS listing activity for 228 MARGARET Avenue, Kitchener, Ontario, N2H4J5 — dates reflect when changes were recorded in the DDF
Location & Neighborhood
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228 MARGARET Avenue, Kitchener, Ontario, N2H4J5