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! (id:47421)
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Detailed Information
Bedrooms
4
Bathrooms
3
Lot
45 x 74 ft
Listing Contract Date
2025-03-20
Location Description
Wilhelm And Margaret
# of Parking Spaces
5
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
RES-5
Building
Appliances
Water Heater
Basement Features
Apartment in basement
Basement Type
N/A
Cooling Type
Central air conditioning
Exterior Finish
Brick, Stone
Foundation Type
Block
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
2.5
Type
Triplex
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Attached Garage
Garage
Land
Total Size
45 x 74 FT ; 45X77X74X61
Sewer
Sanitary sewer
Size of Irregular Land
45 x 74 FT ; 45X77X74X61
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