ON > Kitchener > 114 - Uptown Waterloo-North Ward
Kitchener, ON N2H4H6,112 MARGARET Avenue
Kitchener, ON N2H4H6,112 MARGARET Avenue
Kitchener, ON N2H4H6,112 MARGARET Avenue
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$2,250,000
Est. payment /mo
8,900 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 8,900 sqft

Price per Sqft $252

Subdivision 114 - Uptown Waterloo/North Ward

MLS® Listing ID 40758520

Property Sub-Type Freehold

Source Cornerstone Association of Realtors

Property Description

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:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Cooling None

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 7

Private Pool No

Building

Story 3

Sewer Municipal sewage system

Others

Ownership Freehold

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agent

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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