5
See all 5 photos
$3,350,000
Est. payment /mo
9,701 SqFt
New
228 Margaret AVE Kitchener, ON N2H 4J5
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 9,701 sqft
Price per Sqft $345
MLS Listing ID X12334184
Annual Tax Amount $13,135
Tax Year 2024
Property Sub-Type Investment
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
State ON
County Waterloo
Area Waterloo
Zoning C1
Interior
Cooling No
Inclusions Existing fridges and stoves in residential units, coin-operated laundry equipment, and any fixtures & chattels belonging to the landlord.
Exterior
Parking Features Outside/Surface
Utilities Available Yes
Building
Lot Description Lot
Lited by REAL BROKER ONTARIO LTD.