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Royal LePage
Royal LePage
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$799,000

218 MARGARET Avenue, Kitchener, Ontario, N2H 4J2

MLS® # 40847007

Kitchener ON, N2H 4J2

MLS® # 40847007

Property Information:

Purpose built, well maintained triplex with detached garage for under $800,000! MAIN FLOOR 2 BEDROOM UNIT VACANT. Centrally located close to DTK and UptownWaterloo, a corner location, all-brick purpose-built triplex offering awell-maintained building with an attractive unit mix of two 2-bedroom suites plusone bachelor unit in the basement. The property also features a detached two-cargarage, providing valuable on-site parking or potential for additional income. The building is heated by gas boiler and separately metered hydro for each unit,helping to control operating expenses. Key updates include Boiler (2010), Roof (2011), Driveway (2013) and Windows (2015). A solid, turnkey multifamily asset ina convenient central location with strong fundamentals and room for growth. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Triplex
  • Basement Development: Partially finished
  • Basement Type: Full
  • Exterior Finish: Brick
  • Floor Space: 1868 sqft
  • Heating Type: Other
  • Heating Fuel: Natural gas
  • Cooling Type: None
  • Appliances: Water softener

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 4
  • Bathrooms: 3
  • Access Type: Highway access
  • Amenities Nearby: Public Transit, Schools
  • Features: Laundry- Coin operated
  • Floor Space (approx): 1868 Square Feet
  • Lot Frontage: 54 Feet
  • Zoning: Res-4
  • Sewer: Municipal sewage system
  • Parking Type: Detached garage
  • No. of Parking Spaces: 6

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 218 MARGARET Avenue, Kitchener, Ontario, N2H 4J2

Demographic Information of 218 MARGARET Avenue, Kitchener, Ontario, N2H 4J2

Life Stage

Later Years

Employment Type

Service Sector/White Collar

Average Household Income

$112,038.33

Average Number of Children

1.61

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.04 %

High school certificate or equivalent

28.98 %

Apprenticeship trade certificate/diploma

5.51 %

College/non-university certificate

21.33 %

University certificate (below bachelor)

1.32 %

University Degree

26.83 %

Commuter

Travel To Work

By Car

85.34 %

By Public Transit

5.12 %

By Walking

4.4 %

By Bicycle

0.09 %

By Other Methods

5.05 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

38.68 %

Houses

61.32 %

Own Vs. Rent

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