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 $10,385/mo
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    Time on Jump  2 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.
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    112 Margaret Avenue
    Kitchener , Ontario
    $2,095,000
    Get more info