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Home ON Kitchener - Cambridge - Waterloo Kitchener Mt. Hope Huron Park
100 & 104 MARGARET Avenue
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100 & 104 MARGARET Avenue $5,000,000
4 days ago
$5,000,000
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100 & 104 MARGARET Avenue
Kitchener, Ontario N2H4H6

MLS® Number: 40672421
34
Bedrooms
21
Bathrooms
14000
Square Feet

Listing Description

Discover an exceptional 21-unit multi-family investment opportunity in two elegant brownstone buildings near downtown Kitchener. Nearly all units have been updated with new electrical panels, modern kitchens, baths, and stainless appliances. Each suite is separately metered for tenant-paid electricity, with an efficient gas boiler in each building. Professional property management is in place for a seamless, turnkey investment. Current rents are near market rates, ensuring healthy tenant turnover and solid returns. With a cap rate of approximately 5.6%, this property is ideal for CMHC financing. Contact listing broker for detailed financials. (68279606)

Location Description

MARGARET AVE AND BREITHAUPT ST

Property Summary

Property Type
Multi-family
Storeys
3.5
Square Footage
14000 sqft
Subdivision Name
114 - Uptown Waterloo/North Ward
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$46,546.32
Parking Type
Attached Garage
Time on REALTOR.ca
4 days

Building

Bathrooms
Total
21
Interior Features
Appliances Included
Microwave Built-in
Basement Type
Full (Partially finished)
Building Features
Features
Laundry- Coin operated
Foundation Type
Poured Concrete
Total Units
21
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Other, (Natural gas)
Utilities
Utility Sewer
Septic System
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Amenities Nearby
Public Transit, Schools
Parking
Parking Type
Attached Garage
Total Parking Spaces
13

Measurements

Square Footage
14000 sqft
Above Grade Finished
14000 sqft
Source: Other

Land

Lot Features
Frontage
99 ft
Other Property Information
Zoning Description
RES-5
Data provided by: Cornerstone - Waterloo Region 540 Riverbend Drive, Kitchener, Ontario N2K 3S2

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