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. (id:13843)
| MLS # | 40864244 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1900 |
| Days On Site | 33 |
| Listing Provided By | RE/MAX Twin City Realty Inc. | Andy Naudi |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,697 |
| Basement | Y |
| Story(s) | 2 |
| Units | 2 |
| Zoning | R2 |
| Cooling | Wall unit, Ductless |
|---|---|
| Heating | Forced air, Natural gas |
| Appliances | Water softener |
| Fireplace Yes / No | No |
| Lot Features | Crushed stone driveway, Industrial mall/subdivision |
|---|---|
| Foundation Details | Stone |
| Parking Total | 6 |
|---|
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 3744 |
|---|
| Province | ON |
|---|---|
| City | Kitchener |
| Postal Code | N2H4H6 |
| Community Name | 212 Downtown Kitchener/East Ward |
| Listing VS Median (in 212 Downtown Kitchener/East Ward) | |
Price: $595,000 low | high Med: $279,900 sqft: 1,697 low | high Med: 622 $ / sqft: $351 low | high Med: $450 On site: 33 low | high Med: 26 | |
| Province | ON |
|---|---|
| City | Kitchener |
| Postal Code | N2H4H6 |
| Community Name | 212 Downtown Kitchener/East Ward |
| Listing VS Median (in 212 Downtown Kitchener/East Ward) | |
Price: $595,000 low | high Med: $279,900 sqft: 1,697 low | high Med: 622 $ / sqft: $351 low | high Med: $450 On site: 33 low | high Med: 26 | |