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
119 Ottawa Street N, Hamilton ON L8H 3Y9
$ 1,649,900
Exceptional investment opportunity offering strong net income and excellent long-term pote ...
Exceptional investment opportunity offering strong net income and excellent long-term potential. Each unit is thoug ...
180 Becker Street, Kitchener ON N2B 1X7
$ 599,999
Fantastic opportunity for investors in a prime Kitchener location! This legal triplex at 1 ...
Fantastic opportunity for investors in a prime Kitchener location! This legal triplex at 180 Becker Street offers t ...
96 Emery Street W, London ON N6J 1R8
$ 688,888
This newly recognized legal triplex with rental license in place is larger than it appears ...
This newly recognized legal triplex with rental license in place is larger than it appears with big addition in the ...
157-159 Market Street, Brantford ON N3T 3A3
$ 749,900
Established fully rented 4 plex in downtown area of Brantford. Annual Income $69,000, Rent ...
Established fully rented 4 plex in downtown area of Brantford. Annual Income $69,000, Rents are 1550+1485+1435+1281 ...