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$875,000
Ontario,Kitchener
For Sale Active
218 MARGARET Avenue, Kitchener, Ontario N2H4J2
  • 4
  • 3
  • 1,868 Sqft
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Basic Details
Description

Centrally located close to DTK and Uptown Waterloo, a corner location, all-brick purpose-built triplex offering a well-maintained building with an attractive unit mix of two 2-bedroom suites plus one bachelor unit in the basement. The property also features a detached two-car garage, 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. Current average rent is $1,264 per month, with an additional $2,640 annual income for parking and garage rentals, this supported by quality tenants, with future rental upside potential. Key updates include: Boiler (2010), Roof (2011), Driveway (2013) and Windows (2015). A solid, turnkey multifamily asset in a convenient central location with strong fundamentals and room for growth. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 40803964
  • Price: $875,000
  • Bedrooms: 4
  • Bathrooms: 3
  • Square Footage: 1,868 Sqft
  • Status: Active
  • Office Name: Royal LePage Wolle Realty
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 283125
Features & Appliances
Features
  • Heating System: Other, Natural gas
  • Cooling System: None
  • Basement: Full, Partially finished
  • Parking: Detached Garage
  • Exterior Features: Brick
  • Sewer: Municipal sewage system
Address Map
  • Location: CA, Ontario, Kitchener, 114 - Uptown Waterloo/North Ward, N2H4J2
  • Street: MARGARET
  • Street Number: 218
  • Street Suffix: Avenue
  • Longitude: W81° 30' 24.8''
  • Latitude: N43° 27' 44.3''
Additional Information
  • Water Source:
  • Lot Features:
  • Number Of Units Total: 3
  • Stories: 2.5
Financial
  • Tax Annual Amount: 5440.2
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Listing updated: 2026-03-09 04:34:54
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Listing Information
  • List Agent Key: 1962972
  • List Office Key: 283125
  • Modification Timestamp: 2026-02-10T14:55:44Z
  • Originating System Name: Cornerstone Association of REALTORS®
  • Status Change Timestamp: 2026-02-10T14:48:50Z
Powered by REALTOR.ca
Listing updated: 2026-03-09 04:34:55
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