$5,000,000 $26,841 forsale estimated payment Sourced by Back At You
100 & 104 Margaret Avenue , Kitchener, ON N2H 4H6
Kitchener, ON N2H 4H6
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.
Details
| Mls | 40672421 |
|---|---|
| Listing Type | For Sale |
| Style | Attachd |
| Subtype | Resale |
| Status | Active |
| Days On Site | 41 |
| Listing Provided By | Royal LePage Wolle Realty | Kyle Church |
Features
| Beds | 34 |
|---|---|
| Baths | 21 |
| Sq Feet | 14,000 |
| Garage | 3 |
| Basement | Y |
| Storys | 3 |
| Units | 21 |
| Zoning | RES-5 |
Request A Showing
Request A Showing
Loading Form
Contact
Learn More About This Property
| State | ON |
|---|---|
| County | Waterloo |
| City | Kitchener |
| Zip Code | N2H 4H6 |
| Area | 1 Waterloo East |
| Subarea | 114 Uptown Waterloo | North Ward |
| Community Name | 114 Uptown Waterloo/North Ward |
| Listing VS Median (in 114 Uptown Waterloo/North Ward) | |
Price: $5,000,000 low | high Med: $499,900 SqFt: 14,000 low | high Med: 940 $ / SqFt: $357 low | high Med: $532 On Site: 41 low | high Med: 71.000000 | |
Listing Updated: November 15, 2024 at 9:48:34 PM PST