Sign In
❮ Back to Search

228 MARGARET AVENUE, Kitchener, Ontario, N2H4J5

MLS: X12744046 | Multi-Family

$3,340,000

❮ Back to Properties

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)

Directions: Cross Streets: Margaret and Bulcher. ** Directions: From Highway 7/King Street East, take Margaret Avenue north toward downtown Kitchener. Property is located on the east side of the street, just north of Lancaster Street East.

Quick Facts

  • Property Type: Multi-Family
  • Bedrooms: None
  • Bathrooms: None
  • Living Area: 9,701 sq ft (901.3 m²)
  • Attached: Yes
  • Parking: 13 spaces
  • Frontage: 62 ft (19 m)

Costs

  • Annual Taxes: $13,856.52

Listing Provided by: REAL BROKER ONTARIO LTD.
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.

Detailed Features

📋 Revisions Available 1 change▼ Click to expand

Interior & Systems

  • Heating: Baseboard heaters
  • Cooling: None

Exterior & Construction

  • Water: Municipal water

Lot & Land

  • Frontage: 62 ft (19 m)
  • Zoning: C1

Listing Information

MLS® NumberX12744046
BoardToronto
Originating SystemToronto Regional Real Estate Board
BrokerageREAL BROKER ONTARIO LTD.
Date ListedJanuary 30, 2026
Last UpdatedFebruary 3, 2026

Listing History

Buy/Sell/Terminated/Expired listing history for 228 MARGARET AVENUE, Kitchener, Ontario, N2H4J5

DateDays on MarketPriceEventListing ID
🔄2/3/20263Status ChangedX12744046
1/30/20260$3,340,000For SaleX12744046
1/30/20260$3,340,000ListedX12744046

Location & Neighborhood

📍228 MARGARET AVENUE, Kitchener, Ontario, N2H4J5
🗺️ Open in Google Maps🚶‍♂️ Launch Street View

🚗 Travel times

Neighborhood Walkability

Mortgage & Cost Calculators

Nearby Homes (Within 2km)

Similar Homes

Similar Properties

Active Comparables
Rent Comparables
Sold Comparables
Rented Comparables

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 Soon

Rented Comparables

Access to rented property data requires a registered and verified account with TRREB DDF integration.

Coming Soon