228 Margaret Avenue Active Save Request In-Person Tour Request Virtual Tour
Kitchener,ON N2H 4J5
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 9,701 sqft
Price per Sqft $345
MLS Listing ID 40758565
Abv Grd Liv Area 9,701
Annual Tax Amount $13,135
Property Sub-Type Multi Family
Source Cornerstone
Property Description
Mixed-use investment property at 228 Margaret Avenue, with adjacent 236 Margaret Avenue included in the sale. Total of 15 units: 1 commercial unit (convenience store) and 14 residential apartments (10 one-bedrooms, 3 two-bedrooms, 1 three-bedroom). Highly visible, transit-accessible location close to schools, shopping, and public transit. Strong rental demand with opportunity to improve income performance through hands-on management and capital upgrades.
Location
Province ON
County Waterloo
Area 1 - Waterloo East
Zoning C1
Direction From Highway 7/King Street East, take Margaret Avenue north toward downtown Kitchener. Property is located on the east side of the street, just north of Lancaster Street East.
Rooms
Basement Full,Partially Finished
Kitchen 0
Interior
Interior Features Built-In Appliances,Separate Heating Controls
Heating Baseboard
Cooling None
Fireplace No
Appliance Water Softener,Hot Water Tank Owned
Laundry Coin Operated,Common Area
Exterior
Roof Type Flat
Lot Frontage 62.25
Garage No
Building
Lot Description Hospital,Park,Public Transit,Schools,Shopping Nearby
Faces From Highway 7/King Street East, take Margaret Avenue north toward downtown Kitchener. Property is located on the east side of the street, just north of Lancaster Street East.
Story 2
Sewer Sewer (Municipal)
Water Municipal
Structure Type Brick
New Construction No
Others
Senior Community No
Tax ID 223240046
Ownership Freehold/None
Virtual Tour https://youtu.be/ImeuK-zz2Dk