112 Margaret Ave N, Waterloo, ON N2J 3P9, Canada
112 Margaret Ave N, Waterloo, ON N2J 3P9, CanadaBasics
- Date added: Added 2 months ago
- Category: Residential Income
- Type: Multi Family
- Status: Active
- Bedrooms: 0
- Bathrooms: 0
- Area: 8900 sq ft
- County Or Parish: Waterloo
- MLS ID: 40758520
Description
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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.
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Location
- Parking Total: 7
- Directions: Victoria St N & Margaret Ave
Building Details
- Number Of Units Total: 0
- Building Area Total: 8900 sq ft
- Number Of Buildings: 0
- Construction Materials: Brick
- Roof: Rolled/Hot Mop
Amenities & Features
- Water Source: Municipal
- Appliances: Water Softener, Hot Water Tank Owned
- Sewer: Sewer (Municipal)
- Cooling: None
- Interior Features: Built-In Appliances, Separate Heating Controls
- Heating: Radiator