112 Margaret Ave

For Sale 28 Days
$2,250,000
beds
1 baths
8,900 Sqft

112 Margaret Ave

For Sale 28 Days
$2,250,000
beds
1 baths
8,900 Sqft

Highlights

Key insights

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.

Jeff Margolis of Real Broker Ontario Ltd.,
MLS®#40758520
updated 2 weeks ago.
Houseful checked MLS® for data 2 weeks ago.

Home overview

Amenities / Utilities
  • Cooling
    None
  • Heat type
    Radiator
  • Pets allowed (y/n)
    No
  • Sewer/ septic
    Sewer (municipal)
Exterior
  • # total stories
    3
  • Construction materials
    Brick
  • Roof
    Rolled/hot mop
  • # parking spaces
    7
Interior
  • # total bathrooms
    0.0
  • Appliances
    Water softener, hot water tank owned
  • Has fireplace (y/n)
    Yes
  • Laundry information
    Coin operated, common area
  • Interior features
    Built-in appliances, separate heating controls
Location
  • County
    Waterloo
  • Area
    1 - waterloo east
  • Water source
    Municipal
  • Zoning description
    R2
  • Directions
    Hbfriedil
Lot/ Land Details
  • Lot desc
    City lot, park, schools
  • Lot dimensions
    49.5 x
Overview
  • Approx lot size (range)
    0 - 0.5
  • Basement information
    Full, partially finished
  • Building size
    8900
  • Mls® #
    40758520
  • Property sub type
    Multi-family
  • Status
    Active
  • Virtual tour
  • Tax year
    2024
SOA_HOUSEKEEPING_ATTRS
  • Listing type identifier
    Idx

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