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Duplex Up/DownMLS® 40864244

94 Margaret Avenue, Kitchener ON N2H 4H6

Downtown Kitchener/East Ward, Kitchener, N2H 4H6

$595,000

3Bedrooms
2Bathrooms
1,697Sq ft
6Parking
1900Year built
2Storeys
Duplex Up/DownType
0Days on market

The home

About this property

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.

Specifications

Property details

Property type

Residential Income

Lot

66 x 108 ft

Taxes

$3,744 (annual)

Heating

Forced Air, Natural Gas

Cooling

Ductless, Wall Unit(s)

Basement

Walk-Up Access, Full, Unfinished

Parking

6 total

Days on market

0

What's included

Features and amenities

Interior

Separate Hydro Meters

Lot

RectangularBusiness CentreDog ParkCity LotNear Golf CourseHighway AccessHospitalIndustrial MallIndustrial ParkLibraryPark

Appliances

Water SoftenerDishwasherDryerRefrigeratorStoveWasher

Where it sits

Location

Pin placed at the coordinates supplied by the MLS® System.

Listed by Andy Naudi, RE/MAX Twin City Realty Inc. (the Cornerstone Association of REALTORS®).

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Presented by Rebecca Dorey, Sales Representative, RE/MAX Solid Gold Realty (II) Ltd., Brokerage. Each office independently owned and operated.