For Sale
228 Margaret Avenue
Kitchener, ON
$3,340,000
0Bd
0Ba
—sqft
62.24 ft frontagelot
CommercialMLS# X12744046Listed 2026-01-3082 DOM
On the market for 82 days — longer than average. The seller may be open to negotiation.
About this home
Mixed-use investment property at 228 Margaret Avenue, with adjacent 236 Margaret Avenue included in the sale. Total of 15 units: 1 commercial unit (convenience store) and 14 residential apartments (10 one-bedrooms, 3 two-bedrooms, 1 three-bedroom). Highly visible, transit-accessible location close to schools, shopping, and public transit. Strong rental demand with opportunity to improve income performance through hands-on management and capital upgrades.
Features
- No
Financials
Annual Taxes
$13,856.52
Estimated Rental Income
Entire property$2,500 – $8,000/mo
Rental yield0.9% – 2.9%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Kitchener
Days on market82 days
Buyer's MarketSeller's Market
Based on active listings in Kitchener. Data updates daily.
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
53
/ 100
Walk Score
Somewhat Walkable
44
/ 100
Transit Score
Some Transit
55
/ 100
Bike Score
Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
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