For sale
  • C$2,250,000

    112 Margaret Ave, Kitchener, ON N2H 4H6

    --beds
    0baths
    8,900sqft
    Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    C$253/sqft
    C$-- HOA

    What's special

    One-bedroom suitesModern kitchensStainless steel appliancesLuxury plank flooringOn-site laundrySeven surface parking spaces
    Charming 12-unit brownstone in Kitchener’s sought-after Mount Hope neighbourhood, 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 $110,733, representing a 5% 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.
    60 days
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