$595,000
Est. payment $2,635/moCalculate yours
94 Margaret Avenue, Kitchener, ON N2H 4H6
Kitchener, ON N2H 4H6
- 3 Beds
- 2 Baths
- 1,500 Sq Ft
Listing courtesy of RE/MAX TWIN CITY REALTY INC. MLS® X13797876
About this home
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.
Property details
Overview
- Property Type
- Duplex
- Style
- 2 1/2 Storey
- For
- For Sale
- Status
- New
- Approximate Age
- 100+
- Size
- 1,500 sqft
Interior
- Bedrooms
- 3
- Bathrooms
- 2
- Kitchens
- 2
- Basement
- Unfinished, Walk-Up
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Wall Unit(s)
- Exterior
- Brick
- Foundation
- Stone
- Roof
- Shingles
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 66 x 108.4 Feet
- Parking
- None garage · 6 total
- Zoning
- R2
Financial
- Property Taxes
- $3,744 (2025)
Location
- Cross Street
- Breithaupt St
- Direction Faces
- East
Listing
- MLS® Number
- X13797876
- Days on Market
- 31
- Listed On
- 2026-09-17
- Listed By
- RE/MAX TWIN CITY REALTY INC.
Rooms
Features
Interior
- Water Softener
- Separate Hydro Meter
Pool
- None
Mortgage calculator
Estimated mortgage payment
$2,635 per month
- Principal and interest
- $2,635
- Property tax
- $312
- Condo fees
- $0
- Estimated monthly cost
- $2,947
Your mortgage
- Mortgage amount
- $476,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $314,359
Cash to close
- Down payment
- $119,000
- Land transfer tax
- $8,375
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $127,375
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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