Kitchener · Uptown Waterloo/North Ward · Multi-family · MLS# 40801493
228 MARGARET Avenue
9,701
sqft
Multi-family · $344/sqft
Listed January 30, 2026
About this home.
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. (id:59491)
The full record.
How this listing prices against Uptown Waterloo/North Ward.
7
Sales
$610,000
Median price
11
Days on market
97.5%
% of list
15
Active listings
N/A
Months supply
Uptown Waterloo/North Ward saw 6 sales and 15 active listings over the past 30 days, a slower pace than the city overall. The average price was $580,433, well below Kitchener's city average, while homes sold in 23 days on average and at 95.59 percent of list, which suggests buyers had negotiating room. This is a split market right now, with freeholds moving quickly and condos taking much longer. For shoppers in this area, the property type matters more than the neighbourhood average.
Read the full Kitchenerreport →Estimate the monthly carry.
Estimated monthly payment
$15,295
Estimate only. Excludes property tax, condo fees, and insurance.
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