About 218 Margaret Avenue
Check out this centrally located all brick purpose built triplex. The building is well maintained and features two x 2 bedroom units, and one bachelor unit in the basement. The property also has a detached 2 car garage for parking or additional income. The building is heated via gas boiler heat, has separate hydro meters for each unit. Average rent in the building is $1,238 with great tenants, and allows for upside on rents in the future. Updates include: Boiler (2010), Roof (2011), Windows (2015), Driveway (2013).
Features of 218 Margaret Avenue
| MLS® # | 40742347 |
|---|---|
| Price | $925,000 |
| Bedrooms | 4 |
| Bathrooms | 3.00 |
| Square Footage | 1,868 |
| Acres | 0.00 |
| Type | Residential Income |
| Sub-Type | Multi-3 Unit |
| Status | Active |
Community Information
| Address | 218 Margaret Avenue |
|---|---|
| Area | 1 - Waterloo East |
| Subdivision | 114 - Uptown Waterloo/North Ward |
| City | Kitchener |
| County | Waterloo |
| Province | ON |
| Postal Code | N2H 4J2 |
Amenities
| Parking Spaces | 4 |
|---|---|
| Parking | Detached Garage |
| # of Garages | 2.00 |
| Is Waterfront | No |
Interior
| Interior Features | Separate Hydro Meters |
|---|---|
| Appliances | Water Softener |
| Heating | Natural Gas, Other |
| Cooling | None |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Full, Partially Finished |
Exterior
| Lot Description | City Lot, Highway Access, Public Transit, Schools |
|---|---|
| Roof | Asphalt Shing |
| Construction | Brick |
Additional Information
| Date Last Updated | October 16th, 2025 |
|---|---|
| Zoning | RES-4 |
Listing Details
| Office | Royal LePage Wolle Realty |
|---|