A pic from exterior of the house or condo, the fenced backyard for 100 & 104 Margaret Ave, Kitchener Ontario N2H 4H6
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A pic from exterior of the house or condo, the front or back of building for 100 & 104 Margaret Ave, Kitchener Ontario N2H 4H6
22 days on Market

100 & 104 Margaret Ave, Kitchener, Ontario N2H 4H6

In the same building:
-
$5,000,000
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Condo
-
21
~14000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$357/sqft

Est. Mortgage$21,473/mo

Tax Amount (2024)$46,546/yr

Days On Market22 days


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.


Property Details

StyleResidential Income
View-
Age of property-
SqFt~14000 SqFt
Lot Size-
Parking Spaces13
MLS ®Number40672421
Community NameMt. Hope Huron Park
Data SourceITSO

Features

Heating: Natural Gas, Other
Cooling: Central Air
Basement: Full, Partially Finished

Features

Septic Tank

Parking

Garage spaces 3

Garage type -

Other parking spaces 10

Total parking spaces 13


3.5Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Now
ListedFor Salefor$5,000,000Active
22 days on market
Listing by itso®
history photo preview15
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Property listed by Royal LePage Wolle Realty, Brokerage

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Schools and amenities

Estimated Budget