Welcome to 165 Margaret Avenue, a stunning legal triplex on a gorgeous corner lot in Kitchener, centrally located near amenities and public transit. This versatile investment property is currently used as two rental units but can easily be converted back into three, featuring three kitchens and three bathrooms. This property generates over 45K in gross annual rent income! The home blends classic Kitchener charm with modern updates and features a renovated basement bachelor unit with a private entrance, an attached garage with four surface parking spots, a main-floor bedroom, a second-floor terrace, and a flexible laundry/kitchen space. With stunning curb appeal and endless possibilities, this property is perfect for investors or end users looking for income potential and flexibility don't miss this rare opportunity!
For sale
C$735,000
165 Margaret Ave, Kitchener, ON N2H 4H8
--beds
0baths
1,500sqft
Multi-3 Unit, Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
C$490/sqft
C$-- HOA
What's special
Corner lotMain-floor bedroomSecond-floor terraceStunning curb appeal
- 47 days
- on Zillow |
- 44 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: March 21, 2025 at 12:06pm
Listed by:
Khaled Khalil, Salesperson,
CENTURY 21 HERITAGE HOUSE LTD.
Source: ITSO,MLS®#: 40707722Originating MLS®#: Waterloo Region Association of REALTORS® (WRAR)
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Freezer
- Laundry: Common Area, In-Suite
Features
- Other, None
- Basement: Full,Finished
- Has fireplace: No
Interior area
- Total structure area: 1,500
- Total interior livable area: 1,500 sqft
- Finished area above ground: 1,500
Property
Parking
- Total spaces: 4
- Parking features: Attached Garage, Outside/Surface/Open
- Attached garage spaces: 1
- Uncovered spaces: 3
Features
- Frontage length: 45.00
Lot
- Features: City Lot, Highway Access
Details
- Parcel number: 223200033
- Zoning: RES-5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi-3 Unit, Multi Family
Materials
- Brick, Stone
- Foundation: Concrete Block
- Roof: Asphalt Shing
Condition
- 51-99 Years
- New construction: No
Utilities & green energy
- Sewer: Sewer (Municipal)
- Water: Municipal
Community & HOA
Location
- Region: Kitchener
Financial & listing details
- Price per square foot: C$490/sqft
- Annual tax amount: C$3,700
- Date on market: 3/20/2025
- Inclusions: Freezer, 2 Stoves, 2 Fridges, 2 Washers, 2 Dryers, 1 Dishwasher
- Exclusions: Tenants Belongings
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