Overview
- Updated On:
- August 11, 2025
- 8,900 ft2
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.
Address: 112 Margaret Avenue, Kitchener ON N2H 4H6
City: Kitchener
State/County: Waterloo
Zip: N2H 4H6
Country: CA
Open In Google Maps Property Id : 3040386
Price: $ 2,250,000
Property Size: 8,900 ft2
Other Features
Built-In Appliances
Has Heating System
Hot Water Tank Owned
Open Parking
Separate Heating Controls
Water Softener
$ 8,723.70
per month- Principal and Interest
- Property Tax
- HOA fee
$ 8,723.70
Similar Listings
322 Jones Road, Hamilton ON L8E 5N2
$ 849,000
A turnkey multi-family property with tons of prospects – an investor’s dream d ...
A turnkey multi-family property with tons of prospects – an investor’s dream deal that won’t last ...
120 Westheights Drive, Kitchener ON N2N 1J9
$ 999,900
Welcome to 120 Westheights Drive, Kitchener – A Rare Legal Duplex with an Accessory Apartm ...
Welcome to 120 Westheights Drive, Kitchener – A Rare Legal Duplex with an Accessory Apartment in a Sought-After Com ...
39 Secord Avenue, Kitchener ON N2B 2C3
$ 1,299,900
Welcome to 39 Secord Avenue – a turnkey investment opportunity in the desirable Stanley Pa ...
Welcome to 39 Secord Avenue – a turnkey investment opportunity in the desirable Stanley Park area. This well-mainta ...
81 Innisfil Street, Barrie ON L4N 3E3
$ 1,149,900
UNBEATABLE INVESTMENT OPPORTUNITY IN BARRIE’S LAKESHORE DISTRICT – RARE LEGAL MULTIP ...
UNBEATABLE INVESTMENT OPPORTUNITY IN BARRIE’S LAKESHORE DISTRICT – RARE LEGAL MULTIPLEX WITH RELIABLE CASH FL ...