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100 & 104 MARGARET Avenue
Kitchener Ontario , N2H4H6 , Canada
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$5,000,000.00
MLS® 40672421
Investment
Lot Frontage: 99.0 Feet
No. of Parking Spaces: 13
Total Bedrooms: 34
Total Bathrooms: 21
Zoning: RES-5
Remarks:
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. (id:7526)

Property Features:
  • Amenities Nearby: Public Transit , Schools
  • Features: Laundry- Coin operated
  • OwnershipType: Freehold
  • Parking Type: Attached garage
  • Property Type: Multi-family
  • Sewer: Septic System
Building Features:
  • Appliances: Microwave Built-in
  • Basement Development: Partially finished
  • Basement Type: Full
  • Cooling Type: Central air conditioning
  • Exterior Finish: Brick
  • Foundation Type: Poured Concrete
  • Heating Fuel: Natural gas
  • Heating Type: Other

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.

Not intended to solicit properties currently listed for sale.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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