112 Margaret Avenue Kitchener, Ontario N2H 4H6
$2,250,000
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. (id:63008)
Property Details
| MLS® Number | 40758520 |
| Property Type | Multi-family |
| AmenitiesNearBy | Park, Schools |
| Features | Laundry- Coin Operated |
| ParkingSpaceTotal | 7 |
Building
| Appliances | Water Softener |
| BasementDevelopment | Partially Finished |
| BasementType | Full (partially Finished) |
| CoolingType | None |
| ExteriorFinish | Brick |
| StoriesTotal | 3 |
| SizeInterior | 8900 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Park, Schools |
| Sewer | Municipal Sewage System |
| SizeFrontage | 50 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | R2 |
https://www.realtor.ca/real-estate/28706561/112-margaret-avenue-kitchener
Jeff Margolis
Salesperson
130 King Street W. Suite 1900d
Toronto, Ontario M5X 1E3
Ilan Friedner
Salesperson
130 King Street W. Suite 1900d
Toronto, Ontario M5X 1E3
Elton Ilir Demirxhiu
Salesperson
130 King Street W. Suite 1900d
Toronto, Ontario M5X 1E3
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August 21 2025 04:00:47
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