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MLS® X12742906
Kitchener, ON
Charming 12-unit brownstone in Kitcheners sought-after Mount Hope neighborhood, steps to the ION LRT, Kitchener GO Station, hospitals, parks, and downtown amenities. Built in 1942 and extensively updated, the property features all one-bedroom suites with modern kitchens, stainless steel appliances, luxury plank flooring, and on-site laundry. Current NOI $121,154.00, representing a 5.78% cap rate at asking price. Seven surface parking spaces (off-site). Strong rental demand from professionals, healthcare workers, and students. HST in addition to purchase price where applicable. Confidential rent roll and P&L available upon execution of a Confidentiality Agreement.
Inclusions
All existing fridges, stoves, light fixtures, and any owned hot water heaters/mechanical equipment, all in as-is condition.
Exclusions
All tenant-owned appliances, window coverings, and personal belongings; any items belonging to property management or contractors.
Broker
REAL BROKER ONTARIO LTD.
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Investment
112 Margaret Avenue Kitchener
Kitchener
Built
51-99
Type
Investment
Parking
None
Property Tax
~$26,076/yr
Heating
Radiant
Buying Essentials
Square Feet
8900 sqft
Parking
None
Finances
List Price
$2,095,000
Price per SQFT
$235/sqft
Property Tax
~$26,076/yr
Property Specs
Property Type
Investment
MLS Size
8900 sqft
Age of Building
51-99
Living & Amenities
Heating Type
Radiant
Policies & Utilities
Neighbourhood
Kitchener
Listed On
Jan 30, 2026
Days on Market
Current: 281 days
Room information is not available for this listing.
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