112 Margaret Avenue, Kitchener, ON N2H 4H6
Kitchener, ON, N2H 4H6
About this property
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.
Features & Amenities
- Garage: None
- Cooling: No
- Heat Type: Radiant
Property Details
| Property Type | Commercial |
|---|---|
| Property Sub-Type | Investment |
| Garage | None |
| Heat Type | Radiant |
| Cooling | No |
| Annual Tax | $26,076 |
| Tax Year | 2025 |
Building & Construction
- Approximate Age
- 51-99
- Building Area Total
- 8900
Heating & Cooling
- Heat Type
- Radiant
- Cooling
- No
Parking & Garage
- Garage Type
- None
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 0.00
- Lot Width
- 49.50
Financial & Tax
- Tax Annual Amount
- $26,076
- Tax Year
- 2025
- Possession Type
- Flexible
Utilities & Services
- Utilities
- Yes
Additional Details
- Occupant Type
- Tenant
- County Or Parish
- Waterloo
- Cross Street
- Margaret Ave
- Directions
- Victoria St N & Margaret Ave
- Showing Requirements
- Showing System, List Brokerage