Kitchener, ON N2H 4J5,228 Margaret AVE
Kitchener, ON N2H 4J5,228 Margaret AVE
Kitchener, ON N2H 4J5,228 Margaret AVE
Kitchener, ON N2H 4J5,228 Margaret AVE
Kitchener, ON N2H 4J5,228 Margaret AVE
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$ 3,350,000
Est. payment | /mo

9,701 SqFt


$ 3,350,000
Est. payment | /mo

9,701 SqFt

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

Province 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

Others

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228 Margaret AVE