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$ 719,900
Est. payment /mo
Price Dropped by $15K
165 Margaret AVE Kitchener, ON N2H 4H8
4 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
MLS Listing ID X12030816
Style 2 1/2 Storey
Bedrooms 4
Annual Tax Amount $3,700
Tax Year 2024
Property Sub-Type Triplex
Property Description
Welcome to 165 Margaret Avenue, a stunning legal triplex on a gorgeous corner lot in Kitchener, centrally located near amenities and public transit. This versatile investment property is currently used as two rental units but can easily be converted back into three, featuring three kitchens and three bathrooms. This property generates over 45K in gross annual rent income! The home blends classic Kitchener charm with modern updates and features a renovated basement bachelor unit with a private entrance, an attached garage with four surface parking spots, a main-floor bedroom, a second-floor terrace, and a flexible laundry/kitchen space. With stunning curb appeal and endless possibilities, this property is perfect for investors or end users looking for income potential and flexibility don't miss this rare opportunity!
Location
State ON
County Waterloo
Area Waterloo
Rooms
Family Room No
Basement Apartment
Kitchen 3
Interior
Interior Features Water Heater Owned
Heating Yes
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 45.0
Lot Depth 74.0
Total Parking Spaces 5
Building
Lot Description Irregular Lot
Foundation Concrete Block
Listed by Century 21 Heritage House Ltd.