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Basara.

Kitchener · Uptown Waterloo/North Ward · Multi-family · MLS# 40801493

228 MARGARET Avenue

$3,340,000

9,701

sqft

Multi-family · $344/sqft

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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.

Property typeMulti-family
Square footage9,701 sqft
Lot size0
HeatingBaseboard heaters
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
%($668,000)
Mortgage rate
%
Amortization
years

Estimated monthly payment

$15,295

Principal$2,672,000
Total interest$1,916,522
Total paid$4,588,522

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

Questions on this property?

Neso Basara

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Waterloo Region

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228 MARGARET Avenue, Kitchener — $3,340,000