112 Margaret Avenue
Kitchener, ON
- 8,900 sqft
- Investment
- 217 days on market
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.
Listing Details
- Taxes (2025)
- $26,076
- Listed
- January 30, 2026
Price History
Property
- Age
- 51-99
Parking
- Garage
- None
Location & Legal
- Cross Street
- Margaret Ave
- Zoning
- R2
- Parcel Number
- 223210009
- Possession
- Flexible
- Occupancy
- Tenant
Included
- 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.
Property Insights
AI-generated from listing photos. Not professional advice.
Community
Postal area N2H
- Population
- 22,456
- Private dwellings
- 11,453
- Median age
- 38.4
- Average household size
- 2.1
- Median household income
- $73,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Kitchener · last 12 months
- Median sold price
- $665,000
- Homes sold
- 1,931
- Median days on market
- 20
- Sale-to-list price
- 100.9%
Based on 1,931 recorded sales of commercial properties in Kitchener over the last 12 months.
Listed by
REAL BROKER ONTARIO LTD.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 8,900 sq ft
- Price per sq ft
- $235.39
- Annual property tax
- $26,076
- Tax per sq ft
- $2.93
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?