112 Margaret Ave

For Sale 61 Days
$2,250,000
beds
baths
8,900 Sqft

112 Margaret Ave

For Sale 61 Days
$2,250,000
beds
baths
8,900 Sqft

Highlights

Key insights

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:63267)

JEFF MARGOLIS of REAL BROKER ONTARIO LTD.,
#X12334308
updated 5 days ago.
Houseful checked MLS® for data 5 days ago.

Home overview

Amenities / Utilities
  • Heat type
    Radiant heat
Location
  • Directions
    2092503
Overview
  • Lot size (acres)
    0.0
  • Building size
    8900
  • Listing #
    X12334308
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28711363/112-margaret-avenue-kitchener
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-6,000

/ Month
25 Years fixed, 20% down payment, % interest
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