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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

    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.
    2 days
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    Zillow last checked: 7 hours ago

    Listing updated: August 08, 2025 at 11:58am

    Listed by:

    Jeff Margolis, Salesperson,

    Real Broker Ontario Ltd.,

    Ilan Friedner, Salesperson,

    Real Broker Ontario Ltd.

    Source: ITSO,MLS®#: 40758520Originating MLS®#: REALTORS® Association of Hamilton-Burlington
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Radiator
    Cooling
    • None
    Appliances
    • Included: Water Softener, Hot Water Tank Owned
    • Laundry: Coin Operated, Common Area
    Features
    • Built-In Appliances, Separate Heating Controls
    • Basement: Full,Partially Finished
    • Has fireplace: No
    Interior area
    • Total structure area: 8,900
    • Total interior livable area: 8,900 sqft
    • Finished area above ground: 8,900

    Property

    Parking
    • Total spaces: 7
    • Parking features: Outside/Surface/Open
    • Uncovered spaces: 7
    Features
    • Frontage length: 49.50
    Lot
    • Dimensions: 49.5 x
    • Features: City Lot, Park, Schools
    Details
    • Parcel number: 223210009
    • Zoning: R2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Roof: Rolled/Hot Mop
    Condition
    • 51-99 Years
    • New construction: No

    Utilities & green energy

    • Sewer: Sewer (Municipal)
    • Water: Municipal

    Community & HOA

    Location
    • Region: Kitchener

    Financial & listing details

    • Price per square foot: C$253/sqft
    • Annual tax amount: C$22,081
    • Date on market: 8/8/2025
    • Inclusions: Hot Water Tank Owned, All Existing Fridges, Stoves, Light Fixtures, And Any Owned Hot Water Heaters/Mechanical Equipment, All In As-Is Condition.
    • Exclusions: All Tenant-Owned Appliances, Window Coverings, And Personal Belongings; Any Items Belonging To Property Management Or Contractors.
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