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5
112 MARGARET AVENUE
$2,250,000 Sale
Listed 9 days ago
· 0
· 0.0
· 0
· 8900
Key Facts
Key facts for 112 MARGARET AVENUE
Property Type
Apartment, Multi-Family
Parking
Garage: No, 0 parking
MLS #
X12334308
Size
8900 sqft
Basement
-
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
-
Description
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. (id:10452)
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Listing courtesy of: REAL BROKER ONTARIO LTD.
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