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Listed 17 days ago

223 Margaret Avenue

, Kitchener

$699,900

Detached|1 1/2 Storey
4 | 2 | 3
About this home

Welcome to 223 Margaret Ave, where extensive renovations, thoughtful design and a fantastic location come together! This impressive all brick 4+1 bedroom, 2 full bathroom home sits on a generous 50 foot wide lot and offers beautifully updated living space from top to bottom. Step inside and you will immediately appreciate the inviting open concept main floor, featuring a gorgeous renovated kitchen and bright living area. The kitchen is designed with both everyday living and entertaining in mind, offering loads of prep space, quartz counters, an oversized pantry, soft close cabinetry, two spice racks, a fantastic island and plenty of pot lights. A new walkout provides easy access to the backyard and deck, creating a seamless connection between indoor and outdoor living. The main floor also features two bedrooms and a beautifully finished new 4 piece bathroom. Upstairs, you will find two additional bedrooms along with convenient attic storage. The fully finished basement adds even more versatility with a spacious family room, fifth bedroom with egress window, new laundry room and a beautifully finished 3 piece bathroom. All appliances included! The extensive list of updates includes lighting, electrical wiring, flooring, kitchen, both bathrooms, several windows, upgraded insulation, forced air gas furnace, central air conditioning, water heater and doors, allowing you to move in and enjoy without taking on a long renovation list. Located just minutes from downtown Kitchener and Uptown Waterloo, with easy access to Breithaupt Centre, the Spur Line Trail, public transit, schools and everyday amenities. Beautifully renovated, wonderfully located and offering plenty of space for you to enjoy! 223 Margaret Ave is one you will want to see!

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style1 1/2 Storey
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$3,656
Lot Size50.2 ft x 119.6 ft
mls© NumberX13852960
Listed ByRE/MAX Real Estate Centre Inc

Listing History

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  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,582
Property tax
$305
Heat allowance
$150
Housing costs
$4,037 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $139,980
25-yr amortization

Income needed

$124,000

gross annual household income

Payment at 4%
$2,945 / mo
Cash down
$139,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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