165 Margaret Avenue, Kitchener - Sold for $633,000 | Modern Solution Realty

165 Margaret Avenue, Kitchener

165 Margaret Avenue in Kitchener - 4 bedroom, 3 bathroom. Sold for $633,000. Listed at $719,900.

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!

Property Details

  • Property Type: Mortgage
  • Style: 2 1/2 Storey
  • Square Footage: 1300 sqft
  • Basement: Apartment
  • Heating: Gas
  • Cooling: Central Air
  • Parking: 5 spaces
  • Property Taxes: $3,700/yr
  • Postal Code: N2H 4H8

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