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100 & 104 MARGARET Avenue Kitchener
  • 100 & 104 MARGARET Avenue Kitchener
  • 100 & 104 MARGARET Avenue Kitchener
  • 100 & 104 MARGARET Avenue Kitchener
  • 100 & 104 MARGARET Avenue Kitchener
  • 100 & 104 MARGARET Avenue Kitchener
  • 100 & 104 MARGARET Avenue Kitchener
  • 100 & 104 MARGARET Avenue Kitchener
  • 100 & 104 MARGARET Avenue Kitchener
  • 100 & 104 MARGARET Avenue Kitchener
  • 100 & 104 MARGARET Avenue Kitchener
  • 100 & 104 MARGARET Avenue Kitchener
  • 100 & 104 MARGARET Avenue Kitchener
  • 100 & 104 MARGARET Avenue Kitchener
  • 100 & 104 MARGARET Avenue Kitchener
  • 100 & 104 MARGARET Avenue Kitchener

100 & 104 MARGARET Avenue, Kitchener, Ontario

$5,000,000

  • 34 Beds
  • 21 Baths
  • 14,000 Square Feet

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:23309)

  • Listing ID: 40672421
  • Property Type: Multi-family
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Details

  • Amenities Nearby: Public Transit, Schools
  • Features: Laundry- Coin operated
  • Ownership: Freehold
  • Parking Spaces: 13
  • Transaction: For sale
  • Zoning Description: RES-5

Building

  • Appliances: Microwave Built-in
  • BasementType: Full (Partially finished)
  • Basement Development: Partially finished
  • Cooling: Central air conditioning
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Foundation: Poured Concrete
  • Bathrooms (Total): 21
  • Heating: Other
  • Heating Fuel: Natural gas
  • Size Interior: 14000 sqft
  • Stories Total: 3.5
  • Utility Water: Municipal water

Land

  • Amenities: Public Transit, Schools
  • Sewer: Septic System
  • Size Frontage: 99 ft
MLS®

Listing provided by Royal LePage Wolle Realty
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

REALTOR®

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 100 & 104 MARGARET Avenue in Kitchener Ontario. It was last modified on November 1st, 2024. Contact the Lifestyle Real Estate to schedule a viewing or to discover other Kitchener real estate for sale.

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