Name: 112 MARGARET Avenue, Kitchener | MLS® 40758520
SKU: 40758520
Price: 2250000.0 CAD
Availability: InStock

$2,250,000 Sale

Listed 11 days ago

112 MARGARET Avenue

MLS® 40758520 Multi Family

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Beds · 0

Baths · 0.0

Parking · 7

Sqft · 8900

Est. mortgage

$8,536/mo

Key Facts

Key facts for 112 MARGARET Avenue

Property Type

Apartment

Parking

Garage: No, 7 parking

MLS #

40758520

Size

8900 sqft

Basement

Partially finished, Full (Partially finished)

Listed on

Lot size

Tax

Days on Market

Year Built

Maintenance Fee

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:10452)

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Full Property Details

Interior

Bedrooms

Washrooms

0.0

Square Footage

8900 sqft

Basement

Partially finished

Air Conditioning

None

Full Bathrooms

Half Bathrooms

Bedrooms

Washrooms

0.0

Square Footage

8900 sqft

Basement

Partially finished

Air Conditioning

None

Full Bathrooms

Half Bathrooms

Exterior

Acreage

under 1/2 acre

Parking Spaces

Garage Spaces Y/N

Zoning Description

Land Amenities

Park, Schools

Acreage

under 1/2 acre

Parking Spaces

Garage Spaces Y/N

Zoning Description

Land Amenities

Park, Schools

Building Description

Home Type

Apartment

Subtype

Multi Family

Exterior

Brick

Sewers

Municipal sewage system

Water Supply

Municipal water

Home Type

Apartment

Subtype

Multi Family

Exterior

Brick

Sewers

Municipal sewage system

Water Supply

Municipal water

Community

Area Code

Kitchener

Area Code

Kitchener

Mandy & Joe Kovacevic

Email: [email protected] Cell: 5197225340