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Basara.

Kitchener · Uptown Waterloo/North Ward · Multi-family · MLS# 40801492

112 MARGARET Avenue

$2,095,000

8,900

sqft

Multi-family · $235/sqft

Ask an agent about this property

Listed January 30, 2026

About this home.

$1.3m of assumable CMHC debt @ 2.7% available. 2nd Mortgage top up options available. 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 $121,154.00, representing a 5.78% 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:59491)

The full record.

Property typeMulti-family
Square footage8,900 sqft
Lot size0
CoolingNone
ListedJanuary 30, 2026

How this listing prices against Uptown Waterloo/North Ward.

6

Sales

$587,500

Median price

23

Days on market

95.6%

% of list

14

Active listings

N/A

Months supply

Read the full Kitchenerreport →

Estimate the monthly carry.

Down payment
%($419,000)
Mortgage rate
%
Amortization
years

Estimated monthly payment

$9,594

Principal$1,676,000
Total interest$1,202,130
Total paid$2,878,130

Estimate only. Excludes property tax, condo fees, and insurance.

Questions on this property?

Neso Basara

RE/MAX Icon Realty

Waterloo Region

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112 MARGARET Avenue, Kitchener — $2,095,000