112 Margaret Avenue

Kitchener, N2H 4H6
FOR SALE
$2,095,000
112 Margaret Avenue, Kitchener
112 Margaret Avenue
112 Margaret Avenue
112 Margaret Avenue
112 Margaret Avenue
112 Margaret Avenue
112 Margaret Avenue
Investment
CATEGORY
R2
ZONING
X12742906
MLSID
Contact Us
Property 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 $121,154.00, representing a 5.78% 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.
Property Details
Address
112 Margaret Avenue
Postal Code
N2H 4H6
Property Type
Investment, Investment
Use
Apartment
Zoning
R2
Taxes
$26,076 (2025
Heat Type
Radiant
Water
Municipal
Garage Type
None
Listing contracted with Real Broker Ontario Ltd.
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