112 MARGARET Avenue 114 - Uptown Waterloo/North Ward, Kitchener, Ontario, CA

Address: 112 MARGARET Avenue, Kitchener, Ontario

0 Beds0 Baths8900 sqftStatus: Buy
Price $2,250,000

Property Overview


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:51532)

 

Tags




Property Summary
Property Type
Multi-family
Storeys
3
Square Footage
8900 sqft
Subdivision Name
114 - Uptown Waterloo/North Ward
Title
Freehold
Land Size
under 1/2 acre
Building
Interior Features
Appliances Included
Water softener
Basement Type
Full (Partially finished)
Building Features
Features
Laundry- Coin operated
Square Footage
8900 sqft
Heating & Cooling
Cooling
None
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Parking
Total Parking Spaces
7
Land
Other Property Information
Zoning Description
R2
Features
           Laundry- Coin operated            Water softener            None
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Your Home Finance Calculation

Property Price CA $2,250,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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