100 104 Margaret Avenue, Kitchener

  • Bedrooms: 34
  • Bathrooms: 21
  • Living area: 14000 square feet
  • Added: 23 days ago
  • Updated: 23 days ago
  • Last Checked: 9 hours ago
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:1945)
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Property DetailsKey information about 100 104 Margaret Avenue

  • Cooling: Central air conditioning
  • Heating: Natural gas, Other
  • Stories: 3.5
  • Exterior Features: Brick
  • Foundation Details: Poured Concrete
  • Type: Multi-family
  • Units: 21
  • Buildings: Two brownstone buildings

Interior FeaturesDiscover the interior design and amenities

  • Basement: Partially finished, Full
  • Appliances: Microwave Built-in
  • Living Area: 14000
  • Bedrooms Total: 34
  • Above Grade Finished Area: 14000
  • Above Grade Finished Area Units: square feet
  • Above Grade Finished Area Source: Other
  • Unit Updates: Electrical Panels: New, Kitchens: Modern, Bathrooms: Updated, Appliances: Stainless Steel
  • Rent: Near market rates

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 100 104 Margaret Avenue

  • Lot Features: Laundry- Coin operated
  • Water Source: Municipal water
  • Parking Total: 13
  • Parking Features: Attached Garage
  • Building Style: Brownstone
  • Proximity: Near downtown Kitchener

Location & CommunityUnderstand the neighborhood and community

  • Directions: MARGARET AVE AND BREITHAUPT ST
  • Common Interest: Freehold
  • Subdivision Name: 114 - Uptown Waterloo/North Ward
  • Urban Area: Downtown Kitchener

Business & Leasing InformationCheck business and leasing options available at 100 104 Margaret Avenue

  • Tenant Turnover: Healthy
  • Returns: Solid
  • Cap Rate: Approximately 5.6%

Property Management & AssociationFind out management and association details

  • Management: Professional property management in place
  • Investment Type: Turnkey

Utilities & SystemsReview utilities and system installations

  • Sewer: Septic System
  • Metering: Each suite separately metered for tenant-paid electricity
  • Heating: Type: Gas, System: Boiler in each building

Tax & Legal InformationGet tax and legal details applicable to 100 104 Margaret Avenue

  • Tax Annual Amount: 46546.32
  • Zoning Description: RES-5
  • Financing: Ideal for CMHC financing

Additional FeaturesExplore extra features and benefits

  • Number Of Units Total: 21
  • Contact: Listing broker for detailed financials
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Nearby Listings Stat

Active listings
1
Min Price
$5,000,000
Max Price
$5,000,000
Avg Price
$5,000,000
Days on Market
23 days
Sold listings
0
Min Sold Price
$0
Max Sold Price
$0
Avg Sold Price
$0
Days until Sold
days

Nearby Places

Name
Type
Address
Distance
Mei King Restaurant
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0.2 km
Verses
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Kitchener railway station
A separate building to the east of the passenger a...
0.4 km
Suddaby Public School
It serves grades Junior Kindergarten (JK) through ...
0.6 km
Centre In The Square
This 2,047 seat hall is the largest in Waterloo Re...
0.6 km
Centre In The Square
Establishment
101 Queen St N
0.6 km
Kitchener Public Library
It consists of five libraries; a large Central Lib...
0.7 km
Waterloo Festival for Animated Cinema
The festival was founded in 2001 (2001) to promote...
0.7 km
Waterloo County Gaol
Constructed in 1852, it is the oldest government b...
0.7 km
CKWR-FM
The station has broadcast since 1973....
0.7 km
CJTW-FM
Various Christian artists are played, game shows, ...
0.7 km
Kitchener City Hall
City hall
200 King St W
0.7 km
More Details?
KYLE CHURCH
  • KYLE CHURCH
  • Royal LePage Wolle Realty
  • 519-747-2040
  • WebSite

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