112 MARGARET AVENUE, Kitchener, Ontario
$2,250,000
- 8,900 Square Feet
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:23309)
- Listing ID: X12334308
- Property Type: Multi-family
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 112 MARGARET AVENUE in Kitchener Ontario. It was last modified on August 8th, 2025. Contact Allan-John Boulanger to schedule a viewing or to discover other Kitchener real estate for sale.