For Sale · Kitchener · Multi-family

$799,000

218 MARGARET Avenue, Kitchener

Beds

Baths

1,868

Sq Ft

About This Home

The details.

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:66635)

Summarizing the highlights...

MLS® 40847007Listing courtesy of Royal LePage Wolle RealtyView on map

Property Details

Facts & features.

Property type: Multi-family
Ownership: Freehold
Size: 1,868 sqft
Storeys: 2
Parking: 6 spaces
Listed on: 2026-07-13
Days on market: 2
MLS number: 40847007
Data source: Cornerstone Association of REALTORS®

July Value

What this home is worth.

Calculating a July Value estimate...

Realtor Recommended

JULY advisors for this home.

Bart Pukacz
Real Estate Advisor
Residential, Investment Properties, Presale Condos
Profile 604.721.1439
Han Lee
Real Estate Advisor
Residential, Investment Properties, Luxury Properties
Profile
Iñaki Sarmiento
Real Estate Advisor
Residential, Investment Properties
Profile 778.954.6254

My Notes

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Location

Where it sits.

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Run The Numbers

Mortgage and cash flow.

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization

Monthly mortgage payment

$3,737

$639,200 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$3,737

Cash flow

-$3,737

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Kitchener right now

462

Active listings

698

New this week

$699,900

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Kitchener.

Household and demographic stats for Kitchener, from the Statistics Canada 2021 Census.

256,885
Population (2021): 37.2
Median age: 99,810
Households: 2.6
Avg household size: 59.7%
Home ownership: $87,000
Median household income

Kitchener market trends

Source: Statistics Canada 2021 Census, Kitchener, City, Ontario.

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.