94 Margaret Avenue
Kitchener, ON
- 3 bed
- 2 bath
- approx. 1500-2000 sqft
- Duplex
- 1 days on market
Meticulously maintained legal duplex offers an exceptional investment opportunity right in the heart of the downtown Kitchener core. Ideal for a savvy investor or a buyer seeking an owner-occupied home with income potential, the property features A+ long-term tenants, with the main level tenant unfortunately vacating at the end of October to allow for immediate vacant possession of that suite. The location is truly unbeatable for commuters and professionals, situated just a short stroll from the Kitchener GO train station, the Google offices, and the best of both downtown Kitchener and Waterloo. The home has been extremely well kept and features excellent modern infrastructure, including a newer natural gas furnace, a professionally waterproofed basement, and ductless split unit heat pumps providing dedicated air conditioning in each unit. This is a turnkey investment with all the updates being completed. Outside, a massive parking area provides ample room for six vehicles. The main level unit is a generous 845sf one bedroom apartment featuring convenient in-unit laundry, direct basement access for storage, and an updated kitchen complete with stainless steel appliances, including a dishwasher. This main floor unit also walks out to a large, updated deck overlooking the parking area. The second-level unit is a spacious 850sf two bedroom apartment that boasts a uniquely cool finished attic living space and its own updated kitchen with stainless steel appliances. With its prime location, many mechanical updates, and incredible commuting convenience, 94 Margaret Ave delivers a turnkey opportunity to secure a premium asset in a highly desirable area.
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2025)
- $3,744
- Listed
- September 17, 2026
Price History
Property
- Style
- 2 1/2 Storey
- Age
- 100+
- Construction
- Brick
- Roof
- Shingles
- Foundation
- Stone
- Interior
- Water Softener, Separate Hydro Meter
- Lot Size
- 66 x 108.4 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 6
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Breithaupt St
- Zoning
- R2
- Parcel Number
- 223210006
- Possession
- Flexible
- Occupancy
- Tenant
Schools
Elementary
- Margaret Avenue Public School0.2 km
Public · Waterloo Region DSB · 310 students
- Suddaby Public School0.8 km
Public · Waterloo Region DSB · 505 students
Grade 3 reading: 67% met the provincial standard · Grade 6 math: 58% met the provincial standard
- St Teresa Catholic Elementary School1.1 km
Catholic · Waterloo CDSB · 355 students
Grade 3 reading: 72% met the provincial standard · Grade 6 math: 45% met the provincial standard
Secondary
- Cameron Heights Collegiate Institute1.6 km
Public · Waterloo Region DSB · 1765 students
Grade 10 literacy: 90% met the provincial standard
- Kitchener Waterloo Collegiate and Vocational School1.6 km
Public · Waterloo Region DSB · 1650 students
Grade 10 literacy: 88% met the provincial standard
- Bluevale Collegiate Institute2.1 km
Public · Waterloo Region DSB · 1115 students
Grade 10 literacy: 88% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
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
Residential Freehold in Kitchener · last 12 months
- Median sold price
- $668,000
- Homes sold
- 1,902
- Median days on market
- 20
- Sale-to-list price
- 100.9%
Based on 1,902 recorded sales of residential freehold properties in Kitchener over the last 12 months.
Listed by
RE/MAX TWIN CITY REALTY INC.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$119,000
Estimated Monthly Payment
$2,923
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,923/mo (20% down, 5.5%)
Taxes: $312/mo · Insurance: $149/mo
Estimates only. Consult a financial advisor.
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?