112 Margaret Avenue
Kitchener, N2H 4H6
FOR SALE
$2,095,000

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Investment
CATEGORYR2
ZONINGX12742906
MLSIDContact 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.
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Property Details
Address
112 Margaret Avenue
City
Postal Code
N2H 4H6
Property Type
Investment, Investment
Use
Apartment
Zoning
R2
Taxes
$26,076 (2025
Heat Type
Radiant
Water
Municipal
Garage Type
None
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Listing contracted with Real Broker Ontario Ltd.
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