Name: 112 Margaret Avenue, Kitchener | MLS® 40758520
SKU: 40758520
Price: 2250000.0 CAD
Availability: InStock

$2,250,000 Sale

Listed 14 days ago

112 Margaret Avenue

MLS® 40758520 Multi Family

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Beds · 0

Baths · 0

Parking · 7

Sqft · 8900

Est. mortgage

$8,536/mo

Property Taxes

$22,081/yr

Key Facts

Key facts for 112 Margaret Avenue

Property Type

Other

Parking

Outside/Surface/Open 7 parking

MLS #

40758520

Size

8900 sqft

Basement

Full,Partially Finished

Listed on

2025-08-07

Lot size

Tax

$22,081 /yr

Days on Market

Year Built

Maintenance Fee

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., Directions:Victoria St N & Margaret Ave, Exclusions:All Tenant-Owned Appliances, Window Coverings, And Personal Belongings; Any Items Belonging To Property Management Or Contractors.

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Full Property Details

Interior

Bedrooms

Washrooms

Square Footage

8900 sqft

Basement

Full,Partially Finished

Heating

Radiator

Heating Source

Radiator

Heating Type

Radiator

Air Conditioning

None

Kitchens

Fireplace

Appliances

Water Softener,Hot Water Tank Owned

Bedrooms

Washrooms

Square Footage

8900 sqft

Basement

Full,Partially Finished

Heating

Radiator

Heating Source

Radiator

Heating Type

Radiator

Air Conditioning

None

Kitchens

Fireplace

Appliances

Water Softener,Hot Water Tank Owned

Exterior

Acreage

< 0.5

Lot Dimensions

49.5 x

Waterfront

Unspecified

Parking

Outside/Surface/Open

Parking Spaces

Total Parking Spaces

7.00

Garage Spaces

Zoning

Acreage

< 0.5

Lot Dimensions

49.5 x

Waterfront

Unspecified

Parking

Outside/Surface/Open

Parking Spaces

Total Parking Spaces

7.00

Garage Spaces

Zoning

Building Description

Property Type

Multi Family

Home Type

Other

Subtype

Multi Family

Exterior

Brick

Sewers

Sewer (Municipal)

Water Supply

Municipal

StoriesTotal

Roof Type

Rolled/Hot Mop

New Construction

Construction Materials

Brick

Common Interest

Freehold/None

Property Type

Multi Family

Home Type

Other

Subtype

Multi Family

Exterior

Brick

Sewers

Sewer (Municipal)

Water Supply

Municipal

StoriesTotal

Roof Type

Rolled/Hot Mop

New Construction

Construction Materials

Brick

Common Interest

Freehold/None

Community

114 - Uptown Waterloo/North Ward

Community

114 - Uptown Waterloo/North Ward

Taxes & Fees

Taxes

$22,081 /yr

Taxes

$22,081 /yr

Other

Directions

Victoria St N & Margaret Ave

Virtual Tour Link

https://youtu.be/xeAyMXctLnw

Directions

Victoria St N & Margaret Ave

Virtual Tour Link

https://youtu.be/xeAyMXctLnw

Sylvia Eckert

Email: [email protected] Cell: 2268082734