94 Margaret Avenue Kitchener, Ontario N2H 4H6
$595,000
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:49269)
Property Details
| MLS® Number | X13797876 |
| Property Type | Multi-family |
| Equipment Type | Water Heater |
| Parking Space Total | 6 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 3 |
| Bedrooms Total | 3 |
| Age | 100+ Years |
| Amenities | Separate Electricity Meters |
| Appliances | Water Softener, Water Meter |
| Basement Development | Unfinished |
| Basement Features | Walk-up |
| Basement Type | N/a (unfinished), N/a |
| Cooling Type | Wall Unit |
| Exterior Finish | Brick |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 1,500 - 2,000 Sqft |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 108 Ft ,4 In |
| Size Frontage | 66 Ft |
| Size Irregular | 66 X 108.4 Ft |
| Size Total Text | 66 X 108.4 Ft |
| Zoning Description | R2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bathroom | 3.61 m | 3.12 m | 3.61 m x 3.12 m |
| Second Level | Kitchen | 4.34 m | 3.18 m | 4.34 m x 3.18 m |
| Second Level | Bedroom | 3.73 m | 3 m | 3.73 m x 3 m |
| Second Level | Bedroom 2 | 4.22 m | 4.37 m | 4.22 m x 4.37 m |
| Third Level | Living Room | 7.87 m | 6.07 m | 7.87 m x 6.07 m |
| Main Level | Bathroom | 2.34 m | 2.85 m | 2.34 m x 2.85 m |
| Main Level | Bedroom | 4.22 m | 4.09 m | 4.22 m x 4.09 m |
| Main Level | Living Room | 4.22 m | 4.39 m | 4.22 m x 4.39 m |
https://www.realtor.ca/real-estate/30293964/94-margaret-avenue-kitchener
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September 17 2026 06:03:43
Toronto Regional Real Estate Board
RE/MAX Twin City Realty Inc.