Address: 218 MARGARET Avenue, Kitchener FOR SALE Subdivision: 114 - Uptown Waterloo/North Ward Postal Code: N2H4J2 Style: Type: Multi-family Triplex Bedrooms: 4 Bathrooms: 3 Parking: Detached Garage Garage: Detached Garage Lot Size: 54 ft x Stories: 2.5
About 218 Margaret Avenue
Centrally located close to DTK and Uptown Waterloo, a corner location, all-brick purpose-built triplex offering a well-maintained building with an attractive unit mix of two 2-bedroom suites plus one bachelor unit in the basement. The property also features a detached two-car garage, providing valuable on-site parking or potential for additional income. The building is heated by gas boiler and separately metered hydro for each unit, helping to control operating expenses. Current average rent is $1,264 per month, with an additional $2,640 annual income for parking and garage rentals, this supported by quality tenants, with future rental upside potential. Key updates include: Boiler (2010), Roof (2011), Driveway (2013) and Windows (2015). A solid, turnkey multifamily asset in a convenient central location with strong fundamentals and room for growth. (id:56071). Get more information on 218 Margaret Avenue
Property Features
Appliances: Water softener Features: Laundry- Coin operated Rental Equipment: Directions: MARGARET AVE AND BLUCHER STREET Zoning Description: RES-4 Interior Size: 1868 sqft Access: Highway access Lot: under 1/2 acre Exterior Finish: Brick Water: Municipal water, Municipal sewage system Heating / Cooling: Natural gas / 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
John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.
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