ON > Kitchener
Kitchener, ON N2H 4H6,100 & 104 Margaret Avenue
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Kitchener, ON N2H 4H6,100 & 104 Margaret Avenue
Kitchener, ON N2H 4H6,100 & 104 Margaret Avenue
Kitchener, ON N2H 4H6,100 & 104 Margaret Avenue
Kitchener, ON N2H 4H6,100 & 104 Margaret Avenue
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Hal Canoglu

Hal Canoglu

+1(226) 700-1210
Listed by Kyle Church • Royal LePage Wolle Realty
$ 5,000,000
Est. payment /mo
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Active

100 & 104 Margaret Avenue Kitchener, ON N2H 4H6

34 Beds

21 Baths

14,000 SqFt

UPDATED:

11/01/2024 07:16 PM

Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 14,000 sqft

Price per Sqft $357

MLS Listing ID 40672421

Bedrooms 34

Abv Grd Liv Area 14,000

Originating Board Waterloo Region

Annual Tax Amount $46,546

Property Description

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.

Location

Province ON

County Waterloo

Area 1 - Waterloo East

Zoning RES-5

Direction MARGARET AVE AND BREITHAUPT ST

Rooms

Basement Full, Partially Finished

Kitchen 0

Interior

Interior Features Separate Hydro Meters

Heating Natural Gas, Other

Cooling Central Air

Fireplace No

Appliance Built-in Microwave, Hot Water Tank Owned

Laundry Coin Operated

Exterior

Garage Attached Garage

Garage Spaces 3.0

Waterfront No

Roof Type Asphalt Shing

Lot Frontage 99.0

Parking Type Attached Garage

Garage Yes

Building

Lot Description City Lot, Public Transit, Schools

Faces MARGARET AVE AND BREITHAUPT ST

Story 3.5

Foundation Poured Concrete

Sewer Septic Tank

Water Municipal

Structure Type Brick

New Construction No

Others

Senior Community No

Tax ID 223210007

Ownership Freehold/None

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Hal Canoglu

Agent | License ID: 5012956

+1(226) 700-1210

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100 & 104 Margaret Avenue