100 & 104 Margaret Avenue new Save Request In-Person Tour Request Virtual Tour
Kitchener,ON N2H 4H6
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 14,000 sqft
Price per Sqft $357
MLS Listing ID 40672421
Bedrooms 34
Abv Grd Liv Area 14,000
Originating Board Waterloo Region
Annual Tax Amount $46,546
Property 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.
Location
Province ON
County Waterloo
Area 1 - Waterloo East
Zoning RES-5
Direction MARGARET AVE AND BREITHAUPT ST
Rooms
Basement Full,Partially Finished
Kitchen 0
Interior
Interior Features Separate Hydro Meters
Heating Natural Gas,Other
Cooling Central Air
Fireplace No
Appliance Built-in Microwave,Hot Water Tank Owned
Laundry Coin Operated
Exterior
Garage Attached Garage
Garage Spaces 3.0
Waterfront No
Roof Type Asphalt Shing
Lot Frontage 99.0
Parking Type Attached Garage
Garage Yes
Building
Lot Description City Lot,Public Transit,Schools
Faces MARGARET AVE AND BREITHAUPT ST
Story 3.5
Foundation Poured Concrete
Sewer Septic Tank
Water Municipal
Level or Stories 3.5
Structure Type Brick
New Construction No
Others
Senior Community false
Tax ID 223210007
Ownership Freehold/None