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Home ON Kitchener - Cambridge - Waterloo Waterloo Region Kitchener Mt. Hope Huron Park
112 MARGARET Avenue
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112 MARGARET Avenue $2,250,000
$2,250,000
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112 MARGARET Avenue
Kitchener, Ontario N2H4H6

MLS® Number: 40758520
0
Bathrooms
8900
Square Feet

Listing Description

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. (69465081)

Location Description

Victoria St N & Margaret Ave

Property Summary

Property Type
Multi-family
Storeys
3
Square Footage
8900 sqft
Subdivision Name
114 - Uptown Waterloo/North Ward
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$22,081
Total Parking Spaces
7
Time on REALTOR.ca
129 days

Building

Bathrooms
Total
0
Interior Features
Appliances Included
Water softener
Basement Type
Full (Partially finished)
Building Features
Features
Laundry- Coin operated
Total Units
0
Heating & Cooling
Cooling
None
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Amenities Nearby
Park, Schools
Parking
Total Parking Spaces
7

Measurements

Square Footage
8900 sqft
Above Grade Finished
8900 sqft
Source: Other

Land

Lot Features
Frontage
50 ft
Other Property Information
Zoning Description
R2
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