traditional home featuring brick siding and french doors Features: french doors More Photos

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    For Sale - 112 Margaret Avenue, Kitchener, Ontario

    Est payment $10,060/mo
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    Views   2
    Time on Jump  62 day

    AI Summary *

    • 12-unit brownstone in a desirable Mount Hope neighborhood.
    • Close to ION LRT, GO Station, hospitals, and downtown.
    • All suites equipped with modern kitchens and stainless steel appliances.
    • Strong rental demand from professionals, healthcare workers, and students.
    • Includes seven surface parking spaces for convenience.




    Charming 12-unit brownstone in kitcheners sought-after mount hope neighborhood, 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 $121,154. 00, representing a 5. 78% 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.
    Listing IDX12742906
    Address112 Margaret Avenue
    CityKitchener, Ontario
    Price$2,095,000
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentHeating / Cooling Radiant

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    Listing Agency:  REAL BROKER ONTARIO LTD.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    112 Margaret Avenue
    Kitchener , Ontario
    $2,095,000
    Get more info