94 Margaret Avenue, Kitchener, Ontario N2H 4H6

Listed for:
$595,000
3 beds
2 baths
Listed 13 days ago
Duplex for rent: 94 Margaret Avenue, Kitchener, Ontario N2H 4H6

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About

Corner of Margaret Avenue & Breithaupt Meticulously maintained legal duplex offers an exceptional investment opportunity right in the heart of the downtown Kitchener core. Ideal for a savvy investor or a buyer seeking an owner-occupied home with income potential, the property features A+ long-term tenants, with the main level tenant unfortunately vacating at the end of October to allow for immediate vacant possession of that suite. The location is truly unbeatable for commuters and professionals, situated just a short stroll from the Kitchener GO train station, the Google offices, and the best of both downtown Kitchener and Waterloo. The home has been extremely well kept and features excellent modern infrastructure, including a newer natural gas furnace, a professionally waterproofed basement, and ductless split unit heat pumps providing dedicated air conditioning in each unit. This is a turnkey investment with all the updates being completed. Outside, a massive parking area provides ample room for six vehicles. The main level unit is a generous 845sf one bedroom apartment featuring convenient in-unit laundry, direct basement access for storage, and an updated kitchen complete with stainless steel appliances, including a dishwasher. This main floor unit also walks out to a large, updated deck overlooking the parking area. The second-level unit is a spacious 850sf two bedroom apartment that boasts a uniquely cool finished attic living space and its own updated kitchen with stainless steel appliances. With its prime location, many mechanical updates, and incredible commuting convenience, 94 Margaret Ave delivers a turnkey opportunity to secure a premium asset in a highly desirable area. (id:27476)

Property Highlights

MLS® Number
40864244
Type
Multi-family
Ownership Type
Freehold
Land Size
under 1/2 acre
Parking Space Total
6

Building

Building Type
Duplex
Storeys
2.50
Square Footage
1697 sqft
Bathrooms Total
2
Bedrooms Total
3
Amenities
Golf Nearby, Hospital, Park
Exterior Finish
Brick Veneer, Stone, Shingles
Fireplace Present
No
Basement Type
Full (Unfinished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Ductless, Wall unit

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
RE/MAX Twin City Realty Inc.
MLS® number:
40864244
Agent:
Andy Naudi
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