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228 MARGARET Avenue
114 - Uptown Waterloo/North Ward Kitchener N2H 4J5

$3,350,000
Multi-family beds: 0 baths: 0.0 9,701 sq. ft.

Main Photo: 228 MARGARET Avenue in Kitchener: Multi-family for sale : MLS®# 40758565
Photo 1: 228 MARGARET Avenue in Kitchener: Multi-family for sale : MLS®# 40758565
Photo 2: 228 MARGARET Avenue in Kitchener: Multi-family for sale : MLS®# 40758565
Photo 3: 228 MARGARET Avenue in Kitchener: Multi-family for sale : MLS®# 40758565
Photo 4: 228 MARGARET Avenue in Kitchener: Multi-family for sale : MLS®# 40758565
Photo 5: 228 MARGARET Avenue in Kitchener: Multi-family for sale : MLS®# 40758565
Status:
Active
Prop. Type:
Multi-family
MLS® Num:
40758565
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:2493)
Property Type:
Multi-family
Common Interest:
Freehold
Total Living Area:
9,701 sq. ft.
Finished Area Above Grade:
9,701 sq. ft.
Zoning:
C1
Taxes:
$13,135 / -
Community:
114 - Uptown Waterloo/North Ward
Exterior Features:
Brick
Appliances Included:
Water softener
Bedrooms:
0
Bathrooms:
0.0
Cooling:
None
Fireplace:
No
Heating:
Baseboard heaters
# Storeys:
2.0
Water:
Municipal water
Sewer:
Municipal sewage system
Basement:
Partially finished, Full
Lot Frontage:
62'
Lot Features:
Laundry- Coin operated
Total Parking Spaces:
13
  • Photo 1: 228 MARGARET Avenue in Kitchener: Multi-family for sale : MLS®# 40758565
    Photo 1 of 5
  • Photo 2: 228 MARGARET Avenue in Kitchener: Multi-family for sale : MLS®# 40758565
    Drone / aerial view
  • Photo 3: 228 MARGARET Avenue in Kitchener: Multi-family for sale : MLS®# 40758565
    View of property location
  • Photo 4: 228 MARGARET Avenue in Kitchener: Multi-family for sale : MLS®# 40758565
    Kitchen with stainless steel appliances, light countertops, light wood-style floors, and white cabinets
  • Photo 5: 228 MARGARET Avenue in Kitchener: Multi-family for sale : MLS®# 40758565
    Full bath featuring vanity, wood finished floors, and washtub / shower combination
Listed by Real Broker Ontario Ltd.
Data was last updated August 17, 2025 at 08:15 AM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$2,175,000
Min list price:
$679,900
Max list price:
$9,999,999
Avg days on market:
30
Min days on market:
9
Max days on market:
110
Avg price per sq.ft.:
$363.34
These statistics are generated based on the current listing's property type and located in 114 - Uptown Waterloo/North Ward. Average values are derived using median calculations. This data is not produced by the MLS® system.

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