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100 & 104 Margaret Avenue
Kitchener
N2H 4H6
$5,000,000
Residential Income
beds: 34
baths: 21.0
14,000 sq. ft.
- Status:
- Active
- Prop. Type:
- Residential Income
- MLS® Num:
- 40672421
- Bedrooms:
- 34
- Bathrooms:
- 21
- Photos (15)
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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.
- Property Type:
- Residential Income
- Property SubType:
- Apartment
- Listing General Location:
- 114 - Uptown Waterloo/North Ward, 1 - Waterloo East
- Bedrooms:
- 34
- Bathrooms:
- 21.0 (Full:-/Half:-)
- Lot Frontage:
- 99'
- Kitchens:
- 0
- County Or Parish:
- Waterloo
- Features:
- Attached Garage: Yes, Crops Included: No, Garage: Yes, New Construction: No
- Construction:
- Brick
- Basement:
- Full, Partially Finished
- Foundation:
- Poured Concrete
- Roof:
- Asphalt Shing
- Number of Storeys:
- 3
- Number of Buildings:
- 0
- Total Floor Area:
- 14,000 sq. ft.
- Finished Area Above Grade:
- 14,000 sq. ft.
- Fireplace:
- false
- Laundry Features:
- Coin Operated
- Water Supply:
- Municipal
- Sewer:
- Septic Tank
- Cooling:
- Central Air
- Heating:
- Natural Gas, Other
- Built-in Microwave,Carbon Monoxide Detector,Hot Water Tank Owned,Other,21 Fridges, 21 Stoves, 20 Dishwashers, 20 Microwaves, 2 Hot Water Heater, 2 Boiler, Security Camera System, Hardwired Internet Service To Each Unit.
- Built-in Microwave, Hot Water Tank Owned
- Tenant Belongings.
- Separate Hydro Meters
- false
- No
- MARGARET AVE AND BREITHAUPT ST
- No
- Carbon Monoxide Detector
- HST Applicable To Sale Price:
- No
- Features:
- Attached Garage: Yes, Crops Included: No, Garage: Yes, New Construction: No
- Zoning:
- RES-5
- Lot Site Features:
- City Lot, Public Transit, Schools
- Features:
- Attached Garage: Yes, Crops Included: No, Garage: Yes, New Construction: No
- Garage Spaces:
- 3.0
- Parking Places Covered:
- 3.0
- Parking:
- Attached Garage
- # Of Total Parking Spaces:
- 13.0
- # Of Open Parking Spaces:
- 10.0
- Driveway Parking:
- Outside/Surface/Open
- Num Apartment Units:
- 0
- Num Bachelor Units:
- 0
- Num Efficiency Units:
- 0
- Num Loft Units:
- 0
- Num Other Units:
- 0
- Num Penthouse Units:
- 0
- Num Studio Units:
- 0
- Listed Date:
- Nov 01, 2024
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Listed by Royal LePage Wolle Realty
Data was last updated November 22, 2024 at 05:50 AM (UTC)
Area Statistics
- Listings on market:
- 10
- Avg list price:
- $782,500
- Min list price:
- $474,900
- Max list price:
- $5,000,000
- Avg days on market:
- 36
- Min days on market:
- 11
- Max days on market:
- 190
- Avg price per sq.ft.:
- $385.91
These statistics are generated based on the current listing's property type
and located in
1 - Waterloo East. Average values are
derived using median calculations.
- MIKE HARVEY
- ROYAL LEPAGE WOLLE REALTY
- 1 (519) 5888088
- Contact by Email
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Change Realty
Office Address:
7-180 NORTHFIELD DR W.
Waterloo, ON, N2L 0C7