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$2,250,000
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112 Margaret Ave, Kitchener, ON

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 8900 sqft
Garage No
Taxes $24,372
Days Active 0
Lot Size 
Approx. Age 
Avg. Price Per Sqft $252
MLS® Number X12334308

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

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 $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. (id:58753)Show Description
MLS® NumberX12334308
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
HeatRadiant heat
A/C
Heating Fuel

Extras

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