112 MARGARET Avenue
Kitchener, Ontario, N2H4H6
For Sale | $2,095,000
Key facts
- Property type: Multi-family
- Transaction: For Sale
- Price: $2,095,000
- Interior size: 8,900 sqft
- Parking: 7
- Listing key: 29306531
Listing overview
class="container" id="details-container".3m of assumable CMHC debt @ 2.7% available. 2nd Mortgage top up options available. 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 class="container" id="details-container"21,154.00, 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. (id:25314)
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