112 Margaret Avenue, Kitchener ON N2H 4H6
112 Margaret Ave N, Waterloo, ON N2J 3P9, Canada
112 Margaret Ave N, Waterloo, ON N2J 3P9, CanadaBasics
- Date added: Added 1 week ago
- Category: Multi Family
- Type: Residential Income
- Status: Active
- Bedrooms: 0
- Area: 8900 sq ft
- Lot size: 49.5 x sq ft
- ListOfficeName: Real Broker Ontario Ltd.
- ListAOR: Hamilton - Burlington
- MLS ID: 40758520
Description
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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.
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Location
- Directions: Victoria St N & Margaret Ave
- CountyOrParish: Waterloo
Building Details
- ParkingTotal: 7
- NewConstructionYN: No
- Heating: Radiator
- Basement: Full, Partially finished
- Exterior material: Brick
- Roof: Rolled/Hot Mop
- Parking: 7
Amenities & Features
- Features:
- Amenities:
- Waterfront available: No
- GarageYN: No
- AttachedGarageYN: No
- CoolingYN: No
- Cooling: None
- PoolPrivateYN: No
- FireplaceYN: No