ON
Kitchener
N2H4J2
218 MARGARET Avenue
218 MARGARET Avenue, Kitchener, ON N2H4J2
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Listing Type
Multi Family
Listing Status
Active
49
$875,000

Home Details for 218 MARGARET Avenue

Price
$875,000
Type
Residential Income
Bedrooms
4
Total Bathrooms
3
Listing #
40803964
Property Description

Centrally located close to DTK and Uptown Waterloo, a corner location, all-brick purpose-built triplex offering a well-maintained building with an attractive unit mix of two 2-bedroom suites plus one bachelor unit in the basement. The property also features a detached two-car garage, providing valuable on-site parking or potential for additional income. The building is heated by gas boiler and separately metered hydro for each unit, helping to control operating expenses. Current average rent is $1,264 per month, with an additional $2,640 annual income for parking and garage rentals, this supported by quality tenants, with future rental upside potential. Key updates include: Boiler (2010), Roof (2011), Driveway (2013) and Windows (2015). A solid, turnkey multifamily asset in a convenient central location with strong fundamentals and room for growth. (id:31684)

Property Features
  • Heating Information
    • Natural Gas
    • Other
  • Cooling Information
    • None
  • Parking
    • Detached
Listing Courtesy: Royal LePage Wolle Realty
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EXIT INTEGRITY REALTY, BROKERAGE
240 Holiday Inn Drive #F, Cambridge, ON N3C 3X4
Alourd Rosales
License #: 6002375
Sales Representative
Office
647 618 3158
Agent
226 989 2676
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