$735,000
165 Margaret Avenue, Kitchener, ON N2H 4H8
, Kitchener,
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TRREB.
Welcome to 165 Margaret Avenue, a stunning legal triplex on a gorgeous corner lot in Kitchener, centrally located near amenities and public transit. This versatile investment property is currently used as two rental units but can easily be converted back into three, featuring three kitchens and three bathrooms. This property generates over 45K in gross annual rent income! The home blends classic Kitchener charm with modern updates and features a renovated basement bachelor unit with a private entrance, an attached garage with four surface parking spots, a main-floor bedroom, a second-floor terrace, and a flexible laundry/kitchen space. With stunning curb appeal and endless possibilities, this property is perfect for investors or end users looking for income potential and flexibility don't miss this rare opportunity!
- Architectural Style: 2 1/2 Storey
- Property Type: Residential Freehold
- Property Sub Type: Triplex
- DirectionFaces: West
- GarageType: Attached
- Directions: Margaret Ave and Willhelm
- Tax Year: 2025
- Parking Features: Private
- ParkingSpaces: 4
- Parking Total: 5
- WashroomsType1: 3
- BedroomsAboveGrade: 4
- Interior Features: Water Heater Owned
- Basement: Apartment
- Cooling: Central Air
- HeatSource: Gas
- HeatType: Forced Air
- LaundryLevel: Upper Level
- ConstructionMaterials: Brick, Stone
- Roof: Asphalt Shingle
- Sewer: Sewer
- Foundation Details: Concrete Block
- Lot Features: Irregular Lot
- Parcel Number: 22320003
- LotSizeUnits: Feet
- LotDepth: 74
- LotWidth: 45
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