$ 5,000,000
100 & 104 MARGARET Avenue Kitchener, ON N2H4H6
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$ 5,000,000
Est. payment | /mo
34 Beds
21 Baths
14,000 SqFt
$ 5,000,000
Est. payment | /mo
34 Beds
21 Baths
14,000 SqFt
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 14,000 sqft
Price per Sqft $357
Subdivision 114 - Uptown Waterloo/North Ward
MLS® Listing ID 40672421
Bedrooms 34
Originating Board Cornerstone - Waterloo Region
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. (id:24570)
Location
Province ON
Interior
Heating Other,
Cooling Central air conditioning
Exterior
Garage Yes
Waterfront No
View Y/N No
Total Parking Spaces 13
Private Pool No
Building
Story 3.5
Sewer Septic System
Others
Ownership Freehold
Listed by Royal LePage Wolle Realty