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TTRREB MLS® ListingInformation is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing Brokerage: REAL BROKER ONTARIO LTD.Last Updated: Apr 20, 2026 at 12:08 PM EDTData provided by the Toronto Regional Real Estate Board (TRREB) via PropTx / AMPRE.
Want full details? Sold history, days on market, and additional listing data are available to registered users after a one-time terms acceptance.

228 Margaret Avenue, Kitchener, ON N2H 4J5, Kitchener, ON, N2H 4J5

MLS: X12744046 | Investment

$3,340,000

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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.

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.
Inclusions: Existing fridges and stoves in residential units, coin-operated laundry equipment, and any fixtures & chattels belonging to the landlord.

Quick Facts

  • Property Type: Investment
  • Bedrooms: None
  • Bathrooms: None
  • Lot Size: 7,927 sq ft (736.4 m²)

Costs

  • Annual Taxes: $13,856.52 (2026)

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

  • Lot Size: 7,927 sq ft (736.4 m²)
  • Zoning: C1

Listing Information

MLS® NumberX12744046
BoardToronto Regional Real Estate Board
Originating SystemToronto Regional Real Estate Board
BrokerageREAL BROKER ONTARIO LTD.
Date ListedJanuary 30, 2026
Last UpdatedApril 20, 2026

Listing History

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Location & Neighborhood

📍228 Margaret Avenue, Kitchener, ON N2H 4J5, Kitchener, ON, N2H 4J5

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Nearby Homes ?Nearby Homes — Search CriteriaSearch Radius1 kmPrice Range±30%Match BedroomsNoMatch BathroomsNo

Similar Homes ?Similar Homes — Search CriteriaSearch Radius5 kmPrice Range±5%Match Home TypeYesMatch BedroomsYes

Property Comparables ?Active Comparables — Search CriteriaSearch Radius2 kmPrice Range±15%Match Home TypeYesMatch BedroomsYes

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Cathy Dou
Cathy Dou
Broker of Record
[email protected]647-691-6364
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228 Margaret Avenue, Kitchener, ON N2H 4J5, Kitchener, ON, N2H 4J5

ASAP
 
TUE
5
May
WED
6
May
THU
7
May
FRI
8
May
SAT
9
May
SUN
10
May
MON
11
May
MorningAfternoonEvening
Cathy Dou
Cathy Dou
Broker of Record
[email protected]647-691-6364
Ask a Question