$3,340,000

Investment For Sale In Mt. Hope Huron Park, Kitchener, Ontario

$3,340,000

Property Information:

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. (id:27)

Building Features:

  • Style: Multiplex
  • Basement Development: Partially finished
  • Basement Type: Full
  • Exterior Finish: Brick
  • Floor Space: 9701 sqft
  • Heating Type: Baseboard heaters
  • Cooling Type: None
  • Appliances: Water softener

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Amenities Nearby: Hospital, Park, Public Transit, Schools, Shopping
  • Features: Laundry- Coin operated
  • Floor Space (approx): 9701 Square Feet
  • Lot Frontage: 62 Feet
  • Zoning: C1
  • Sewer: Municipal sewage system
  • Parking Type: Open
  • No. of Parking Spaces: 13

Courtesy of: Real Broker Ontario Ltd.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

  • View of commercial location -
  • Bird's eye view -
  • Miscellaneous room featuring wall of books -
  • View of street -
  • Kitchen with stainless steel appliances, white cabinetry, light wood-type flooring, and decorative backsplash -
  • Unfurnished room with a baseboard heating unit, light wood-style flooring, and fire sprinkler in ceiling -
  • Full bath with vanity, shower / bath combo with shower curtain, and dark wood-type flooring -
  • Below grade area with electric water heater and independent washer and dryer -