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$2,250,000
Available - For Sale
Listing ID: X12334308
Charming 12-unit brownstone in Kitcheners sought-after Mount Hope neighborhood, 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.
Price $2,250,000
Taxes: $24,372
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Tenant
Address: 112 Margaret Aven , Kitchener, N2H 4H6, Waterloo
Postal Code: N2H 4H6
Province/State: Waterloo
Directions/Cross Streets: Margaret Ave
No. of Pieces Level
Washroom 1:  0
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Washroom 29:  0
Washroom 30:  0
Category: Apartment
Building Percentage: T
Total Area: 8,900
Total Area Code:  Square Feet
Maintenance: 0
Heat Type: Radiant
Central Air Conditioning: No
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Interest Rate: %  
Amortization :  Years
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
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112 Margaret Aven , Kitchener, N2H 4H6, Waterloo


 
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Type: Com - Investment
Area: Waterloo
Municipality: Kitchener
Neighbourhood: Dufferin Grove
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