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 the Lausic Team to schedule a viewing or to discover other Kitchener real estate for sale.