Listed price in listed location currency (CAD).
$595,000

326

MLS® 40864244

  • Property Details
  • Map

Description

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.

Key Facts

Type Duplex
Levels Residential Income
Size 1697 sqft
Taxes $3,744
Days Active 7
Approx. Age 1900
Avg. Price Per Sqft $350
MLS® Number 40864244
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Approx. Age1900
BasementWalk-Up Access, Full, Unfinished
DrivewayGravel
HeatForced Air, Natural Gas
A/CDuctless, Wall Unit(s)

Additional Information

Zoning R2
Roofing Shingle
Siding Brick Veneer, Cement Siding, Shingle Siding, Stone
Landscaping Rectangular, Business Centre, Dog Park, City Lot, Near Golf Course, Highway Access, Hospital, Industrial Mall, Industrial Park, Library, Park

Extra Features

Carbon Monoxide Detector

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 17, 2026List Date
$595,000List Price
May 11, 2021End Date
-Sold Price

Expired

Apr 8, 2021List Date
$694,900List Price
Mar 19, 2021End Date
-Sold Price

Expired

Mar 13, 2021List Date
$719,900List Price

Home Appraisal

This property is estimated to sell between: $595,000 and $602,000.
Similar properties in this area sold on average for: $599,497
Expected to sell in 26 days. Similar properties sold in 33 days. This home has been on eXp Realty for 7 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
94 Margaret Ave, Kitchener, ON

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