Address: 112 MARGARET Avenue, Kitchener FOR SALE Subdivision: 114 - Uptown Waterloo/North Ward Postal Code: N2H4H6 Style: Bedrooms: 0 Bathrooms: 0 Lot Size: 50 ft x Stories: 3
About 112 Margaret Avenue
Charming 12-unit brownstone in Kitchener’s sought-after Mount Hope neighbourhood, 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:56071). Get more information on 112 Margaret Avenue
Property Features
Appliances: Water softener Features: Laundry- Coin operated Rental Equipment: Directions: Victoria St N & Margaret Ave Zoning Description: R2 Interior Size: 8900 sqft Lot: under 1/2 acre Exterior Finish: Brick Water: Municipal water, Municipal sewage system Heating / Cooling: / None Age: Basement: Full (Partially finished) Partially finished
Rooms & Sizes
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John DiRenzo
Sales Representative RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490
Brokered by: RE/MAX TWIN CITY REALTY INC., BROKERAGE
John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.
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FOR SALE
FOR SALE
FOR SALE
FOR SALE
FOR SALE