Kitchener, ON N2H 4J5,228 Margaret Avenue
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Kitchener, ON N2H 4J5,228 Margaret Avenue
Kitchener, ON N2H 4J5,228 Margaret Avenue
Kitchener, ON N2H 4J5,228 Margaret Avenue
Kitchener, ON N2H 4J5,228 Margaret Avenue
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Listed by Ilan Friedner • Real Broker Ontario Ltd.
$ 3,350,000
Est. payment /mo
Active

228 Margaret Avenue Kitchener, ON N2H 4J5

9,701 SqFt


UPDATED:

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


Ivan Gascho

Ivan Gascho

Broker | License ID: 5015171

+1(519) 573-7440

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228 Margaret Avenue