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112 MARGARET AVENUE, Kitchener, Ontario, N2H 4H6

MLS® # X12334308
Investment For Sale In Mt. Hope Huron Park, Kitchener, Ontario
$2,250,000
112 Margaret Avenue, Kitchener, ON - Outdoor
112 Margaret Avenue, Kitchener, ON - Outdoor With View
112 Margaret Avenue, Kitchener, ON - With View
112 Margaret Avenue, Kitchener, ON - Indoor Photo Showing Kitchen
112 Margaret Avenue, Kitchener, ON - Indoor Photo Showing Other Room
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112 Margaret Avenue, Kitchener, ON - Outdoor
112 Margaret Avenue, Kitchener, ON - Outdoor With View
112 Margaret Avenue, Kitchener, ON - With View
112 Margaret Avenue, Kitchener, ON - Indoor Photo Showing Kitchen
112 Margaret Avenue, Kitchener, ON - Indoor Photo Showing Other Room
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112 MARGARET AVENUE, Kitchener, Ontario, N2H 4H6
$2,250,000

Property Information:

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 $110,733, representing a 5% 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. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Floor Space: 8900 sqft
  • Heating Type: Radiant heat
  • Cooling Type: None
  • Appliances:

Property Features:

  • Property Type: Multi-family
  • Floor Space (approx): 8900 Square Feet
  • Irregular: Yes
  • Lot Frontage: 49.5 Feet
  • Lot Size: 49.5 FT
  • Zoning: R2

Courtesy of: REAL BROKER ONTARIO LTD.

REALTOR.ca  

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Market Price Trends

All Properties

-3.32%

Price change (1 year)

22.66%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 112 MARGARET AVENUE, Kitchener, Ontario, N2H 4H6

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

34 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

34 hot days expected in 2050

52/100

Moderate

ClimateCheck®

Current data

This property, 112 MARGARET AVENUE , experiences 7 hot days per year at around 30.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34.3 degrees Celsius.

Projected Avg. Temperature

Past
30.8℃
2050
34.3℃

# Hot Days Per Year

Past
7
2050
34

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

64/100

Moderate-High

ClimateCheck®

Current data

This property, 112 MARGARET AVENUE , experiences 11 significant 2-day storms per year, with about 320.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 397.8mm of precipitation per year.

Precipitation Per Storm

Past
320.2mm
2050
397.8mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 112 MARGARET AVENUE, Kitchener, Ontario, N2H 4H6

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$105,429.05

Average Number of Children

1.63

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.96 %

High school certificate or equivalent

28.12 %

Apprenticeship trade certificate/diploma

6.99 %

College/non-university certificate

18.75 %

University certificate (below bachelor)

1.35 %

University Degree

34.82 %

Commuter

Travel To Work

By Car

81.77 %

By Public Transit

8.02 %

By Walking

4.16 %

By Bicycle

2.56 %

By Other Methods

3.49 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

45.44 %

Houses

54.56 %

Own Vs. Rent

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