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

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

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

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

Interior

Cooling No

Exterior

Utilities Available Yes

Lot Frontage 62.24

Others

ParcelsYN No

Virtual Tour https://youtu.be/ImeuK-zz2Dk

Listed by REAL BROKER ONTARIO LTD.
Mahesh Khatri

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 464-6568

mkhatri.teammahesh@gmail.com

7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN

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228 Margaret AVE