NewFor Sale
NewFor Sale
112 Margaret AvenueKitchener, Waterloo, ON, N2H 4H6
Investment
TRREB
MLS® Number: X12334308
112 Margaret AvenueKitchener, Waterloo, ON, N2H 4H6
Investment
TRREB
MLS® Number: X12334308
$2,250,000List Price
InvestmentProperty Type
8,900 sq ftSize
$24,372 / 2024Taxes (Annual)
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Listing History
Buy/sell history for 112 Margaret Avenue, Kitchener, ON N2H 4H6
| Date Start | Date End | Event | Price | MLS# |
|---|---|---|---|---|
0 Transactions by CPRB Agents
Top Agents in Kitchener
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.
Features
No features availableAmenities
No amenities available
Summary
Tax (Annual):$24,372 / 2024
Listing #:X12334308
Property Type:Investment
Size:8,900 sq ft
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:REAL BROKER ONTARIO LTD.
Rooms
Details
Property
Property Type:Investment
Municipality:Waterloo
Building
Size:8,900 sq ft
Inside
Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No
Parking
Garage Type:None
Garage Spaces:0
Total Parking Spaces:0
Utilities
Cooling:No
Heating Type:Radiant
Land
Cross Street:Margaret Ave
Property Location
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$2,250,000
List price