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112 Margaret Avenue Kitchener, Ontario N2H 4H6

8900 sqft
Radiant Heat

$2,250,000

Charming 12-unit brownstone in Kitcheners sought-after Mount Hope neighborhood, 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:60365)

Property Details

MLS® Number X12334308
Property Type Multi-family

Building

Appliances Water Heater
HeatingType Radiant Heat
SizeInterior 8900 Sqft
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
SizeFrontage 49 Ft ,6 In
SizeIrregular 49.5 Ft
SizeTotalText 49.5 Ft
ZoningDescription R2

https://www.realtor.ca/real-estate/28711363/112-margaret-avenue-kitchener

Jeff Margolis
Salesperson

Real Broker Ontario Ltd.
130 King St West #1900d
Toronto, Ontario M5X 1E3

Ilan Friedner
Salesperson

Real Broker Ontario Ltd.
130 King St West #1900d
Toronto, Ontario M5X 1E3

Elton Demirxhiu
Salesperson

Real Broker Ontario Ltd.
130 King St West #1900d
Toronto, Ontario M5X 1E3

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August 08 2025 10:00:18

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