218 Margaret Avenue
Kitchener
N2H 4J2
$875,000
Residential Income
beds: 4
baths: 3.0
1,868 sq. ft.
- Status:
- Active
- Prop. Type:
- Residential Income
- MLS® Num:
- 40803964
- Bedrooms:
- 4
- Bathrooms:
- 3
- Photos (49)
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Centrally located close to DTK and Uptown Waterloo, a corner location, all-brick purpose-built triplex offering a well-maintained building with an attractive unit mix of two 2-bedroom suites plus one bachelor unit in the basement. The property also features a detached two-car garage, providing valuable on-site parking or potential for additional income. The building is heated by gas boiler and separately metered hydro for each unit, helping to control operating expenses. Current average rent is $1,264 per month, with an additional $2,640 annual income for parking and garage rentals, this supported by quality tenants, with future rental upside potential. Key updates include: Boiler (2010), Roof (2011), Driveway (2013) and Windows (2015). A solid, turnkey multifamily asset in a convenient central location with strong fundamentals and room for growth.
- Property Type:
- Residential Income
- Property SubType:
- Multi-3 Unit
- Listing General Location:
- 114 - Uptown Waterloo/North Ward, 1 - Waterloo East
- Bedrooms:
- 4
- Bathrooms:
- 3.0 (Full:-/Half:-)
- Lot Details:
- 54 x
- Lot Frontage:
- 54'
- Kitchens:
- 0
- County Or Parish:
- Waterloo
- Taxes:
- Signup
- Features:
- Attached Garage: No, Crops Included: No, Garage: Yes, New Construction: No
- Construction:
- Brick
- Basement:
- Full, Partially Finished
- Roof:
- Asphalt Shing
- Number of Storeys:
- 2
- Number of Buildings:
- 0
- Total Floor Area:
- 1,868 sq. ft.
- Finished Area Above Grade:
- 1,868 sq. ft.
- Fireplace:
- false
- Laundry Features:
- Coin Operated, Shared
- Water Supply:
- Municipal
- Sewer:
- Sewer (Municipal)
- Cooling:
- None
- Heating:
- Natural Gas, Other
- Carbon Monoxide Detector,Smoke Detector,Other
- Water Softener
- Separate Hydro Meters
- false
- No
- MARGARET AVE AND BLUCHER STREET
- No
- Carbon Monoxide Detector, Smoke Detector
- HST Applicable To Sale Price:
- No
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Association Fee 2:
- Signup
- Association Fee 2 Frequency:
- Signup
- Administrative Fee:
- Signup
- Features:
- Attached Garage: No, Crops Included: No, Garage: Yes, New Construction: No
- Road Access Fee:
- Signup
- Zoning:
- RES-4
- Lot Site Features:
- City Lot, Highway Access, Public Transit, Schools
- Features:
- Attached Garage: No, Crops Included: No, Garage: Yes, New Construction: No
- Garage Spaces:
- 2.0
- Parking Places Covered:
- 2.0
- Parking:
- Detached Garage
- # Of Total Parking Spaces:
- 6.0
- # Of Open Parking Spaces:
- 4.0
- Driveway Parking:
- Private Drive Triple+ Wide
- Num Apartment Units:
- 0
- Num Bachelor Units:
- 1
- Num Efficiency Units:
- 0
- Num Loft Units:
- 0
- Num Other Units:
- 0
- Num Penthouse Units:
- 0
- Num Studio Units:
- 0
- Total Units:
- Signup
- Listed Date:
- Feb 10, 2026
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Listed by Royal LePage Wolle Realty
Data was last updated February 10, 2026 at 11:50 PM (UTC)
Area Statistics
- Listings on market:
- 13
- Avg list price:
- $1,999,999
- Min list price:
- $749,900
- Max list price:
- $9,999,000
- Avg days on market:
- 36
- Min days on market:
- 4
- Max days on market:
- 195
- Avg price per sq.ft.:
- $384.58
These statistics are generated based on the current listing's property type
and located in
1 - Waterloo East. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- CHARLOTTE FERGUSON
- COLDWELL BANKER PETER BENNINGER REALTY
- 1 (519) 5751804
- Contact by Email
Office Address:
7A-180 Northfield Drive W
Waterloo, ON, N2L 0C7