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.
For sale
C$3,350,000
228 Margaret Ave, Kitchener, ON N2H 4J5
--beds
0baths
9,701sqft
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
C$345/sqft
C$-- HOA
What's special
- 1 day
- on Zillow |
- 10 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: August 08, 2025 at 10:35am
Listed by:
Ilan Friedner, Salesperson,
Real Broker Ontario Ltd.,
Jeff Margolis, Salesperson,
Real Broker Ontario Ltd.
Source: ITSO,MLS®#: 40758565Originating MLS®#: REALTORS® Association of Hamilton-Burlington
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Baseboard
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: 9,701
- Total interior livable area: 9,701 sqft
- Finished area above ground: 9,701
Property
Parking
- Total spaces: 13
- Parking features: Outside/Surface/Open
- Uncovered spaces: 13
Features
- Frontage length: 62.25
Lot
- Dimensions: 62.25 x
- Features: Hospital, Park, Public Transit, Schools, Shopping Nearby
Details
- Parcel number: 223240046
- Zoning: C1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Roof: Flat
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$345/sqft
- Annual tax amount: C$13,135
- Date on market: 8/8/2025
- Inclusions: Hot Water Tank Owned, Residential Unit Appliances (Fridges, Stoves), Existing Light Fixtures, Window Coverings, Smoke/Co Detectors, And Fire Safety Equipment.
- Exclusions: All Tenant-Owned Property Within Residential Or Commercial Units, Any Leased Equipment, And All Property Belonging To Commercial Tenants’ Businesses.
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