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Home ON Kitchener - Cambridge - Waterloo Waterloo Region Kitchener Mt. Hope Huron Park
228 MARGARET AVENUE
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228 MARGARET AVENUE $3,350,000
$3,350,000
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228 MARGARET AVENUE
Kitchener, Ontario N2H4J5

MLS® Number: X12334184

Listing Description

Mixed-use investment property at 228 Margaret Avenue, with adjacent 236 Margaret Avenue included in the sale. Total of 15 units: 1 commercial unit (convenience store) and 14 residential apartments (10 one-bedrooms, 3 two-bedrooms, 1 three-bedroom). Highly visible, transit-accessible location close to schools, shopping, and public transit. Strong rental demand with opportunity to improve income performance through hands-on management and capital upgrades. (41045341)

Location Description

Cross Streets: Margaret and Bulcher. ** Directions: From Highway 7/King Street East, take Margaret Avenue north toward downtown Kitchener. Property is located on the east side of the street, just north of Lancaster Street East.

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Land Size
62.24 FT
Annual Property Taxes
$13,135
Total Parking Spaces
13
Time on REALTOR.ca
129 days

Building

Heating & Cooling
Cooling
None
Heating Type
Baseboard heaters
Utilities
Water
Municipal water
Parking
Total Parking Spaces
13

Measurements

Square Footage
9701 sqft

Land

Lot Features
Frontage
62 ft ,2 in
Other Property Information
Zoning Description
C1
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JEFF MARGOLIS