Kitchener, ON N2H4H6 112 MARGARET AVENUE
$2,250,000



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Presented By: REAL BROKER ONTARIO LTD.
Home Details
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:7434)
Presented By: REAL BROKER ONTARIO LTD.
Interior Features for 112 MARGARET AVENUE
Bedrooms
Bedrooms
Other Interior Features
Building Fireplace PresentFalse
Building Heating TypeRadiant heat
Living Area Range8900
General for 112 MARGARET AVENUE
Building AppliancesWater Heater
Building TypeMulti-Family
Location DescriptionMargaret Ave
Property TypeMulti-family
Zoning DescriptionR2
Additional Details

Paul Dojcinovic
TEAM LEADER, REALTOR® at eXp Realty