$2,095,000
Available - For Sale
Listing ID: X12742906
112 Margaret Avenue , Kitchener, N2H 4H6, Waterloo
| 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 $121,154.00, representing a 5.78% 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. |
| Price | $2,095,000 |
| Taxes: | $24372.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 112 Margaret Avenue , Kitchener, N2H 4H6, Waterloo |
| Postal Code: | N2H 4H6 |
| Province/State: | Waterloo |
| Directions/Cross Streets: | Margaret Ave |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Building Percentage: | T |
| Total Area: | 8900.00 |
| Total Area Code: | Square Feet |
| Approximatly Age: | 51-99 |
| Washrooms: | 0 |
| Heat Type: | Radiant |
| Central Air Conditioning: | No |
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Dir:
647-472-6050
Bus:
905-709-7408
Fax:
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At a Glance:
| Type: | Com - Investment |
| Area: | Waterloo |
| Municipality: | Kitchener |
| Neighbourhood: | Dufferin Grove |
| Approximate Age: | 51-99 |
| Tax: | $24,372 |
| Fireplace: | N |
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