ON
Kitchener
N2H4H6
112 MARGARET Avenue
112 MARGARET Avenue, Kitchener, ON N2H4H6
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Listing Type
Multi Family
Listing Status
active
5
$2,250,000

Home Details for 112 MARGARET Avenue

Price
$2,250,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
NaN
Parking
Days on site
46
Listing #
40758520
Property 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. (id:31684)

Property Features
  • Cooling Information
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Listing Courtesy: Real Broker Ontario Ltd.
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240 Holiday Inn Drive #F, Cambridge, ON N3C 3X4
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