228 Margaret Avenue
Kitchener, ON N2H 4J5
NewActiveFor Sale
0 Beds
0 Baths
9,701 Sq Ft
7,927 Lot Sq Ft
Commercial
About This Property
Mixed-use investment property at 228 Margaret Avenue, with adjacent 236 Margaret Avenue included in the sale. Total of 15 units: 1 commercial unit (convenience store) and 14 residential apartments (10 one-bedrooms, 3 two-bedrooms, 1 three-bedroom). Highly visible, transit-accessible location close to schools, shopping, and public transit. Strong rental demand with opportunity to improve income performance through hands-on management and capital upgrades.
Property Details
StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size9,701 sq ft
Lot Size7,927 sq ft
Bedrooms0
Bathrooms0
ListedMarch 4, 2026
Postal CodeN2H 4J5
Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X12744046
Listed by REAL BROKER ONTARIO LTD.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$16,310
/month · $2,672,000 mortgage
Down Payment20% — $668,000
Interest Rate5.5%
Amortization
Total Interest
$2,220,898
Total Cost
$4,892,898
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
REAL BROKER ONTARIO LTD.