228 MARGARET AVENUE, Kitchener

$3,340,000

For sale: Multiplex

Property type: Multi-family
MLS number: MLS® X12744046

Multiplex at 228 MARGARET AVENUE, Kitchener

Mixed-use investment property at 228 Margaret Avenue, with adjacent 236 Margaret Avenue included in the sale. Total of 15 units: 1 commercial unit (convenience store) and 14 residential apartments (10 one-bedrooms, 3 two-bedrooms, 1 three-bedroom). Highly visible, transit-accessible location close to schools, shopping, and public transit. Strong rental demand with opportunity to improve income performance through hands-on management and capital upgrades.