165 Margaret Avenue, Kitchener, ON
Property no longer active
This property was sold on June 5, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2 1/2 Storey triplex located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $719,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 4 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 45 x 74 ft lot
- Features a apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Water Heater Owned
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
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!
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Property Summary
This triplex located at 165 Margaret Avenue, Kitchener is currently for sale and has been available on SousaSells for 504 days. This property is listed at $719,900 with an estimated mortgage of $2,396* per month. It has 4 beds, 3 bathrooms, and is 1100-1500 square feet. 165 Margaret Avenue, Kitchener
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Kitchener.
- •4 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •1100-1500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Kitchener.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Water Heater Owned
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 165 Margaret Avenue, Kitchener, ON
Q.What is the asking price for 165 Margaret Avenue, Kitchener, ON ?
The current listing price for 165 Margaret Avenue, Kitchener, ON in Kitchener is $719,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 3 bathrooms across approximately 1100-1500 sqft.
Q.What property type and architectural style is 165 Margaret Avenue, Kitchener, ON ?
165 Margaret Avenue, Kitchener, ON is a Triplex (2 1/2 Storey) featuring a Apartment basement.
Q.What interior features are included in this home?
Interior highlights include: Water Heater Owned.
Q.Is parking available at this property?
Yes, this property offers parking space for 5.0 vehicles (Attached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 165 Margaret Avenue, Kitchener, ON N2H 4H8
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About Purchasing a Home in Kitchener, ON
For a property listed at $719,900 in Kitchener, the legal minimum down payment is $46,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $10,873 for this transaction. As this listing is in Kitchener (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $10,873.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.