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218 MARGARET Avenue, Kitchener — listed at $759,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Purpose built, well maintained triplex with detached garage for under $800,000! MAIN FLOOR 2 BEDROOM UNIT VACANT. Centrally located close to DTK and UptownWaterloo, a corner location, all-brick purpose-built triplex offering awell-maintained building with an attractive unit mix of two 2-bedroom suites plusone bachelor unit in the basement. The property also features a detached two-cargarage, providing valuable on-site parking or potential for additional income. The building is heated by gas boiler and separately metered hydro for each unit,helping to control operating expenses. Key updates include Boiler (2010), Roof (2011), Driveway (2013) and Windows (2015). A solid, turnkey multifamily asset ina convenient central location with strong fundamentals and room for growth. (id:60164)
Is 218 MARGARET Avenue a good fit for a growing family?+
With 4 bedrooms and 3 bathrooms (1868 sq ft), there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $5,440.2, heating is natural gas, other. Always verify the latest figures with your agent before making an offer — these change yearly.
What's the parking situation?+
This property includes 6 spaces — Detached Garage.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
Does it have a basement, and is it finished?+
Yes — Partially finished, Full. A finished basement adds meaningful living space beyond the listed square footage.
How is the home heated? Is it efficient?+
Heating is natural gas, other. Gas heating is generally the most cost-efficient option in Ontario winters.
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