Meticulously maintained legal duplex offers an exceptional investment opportunity right in the heart of the downtown Kitchener core. Ideal for a savvy investor or a buyer seeking an owner-occupied home with income potential, the property features A+ long-term tenants, with the main level tenant unfortunately vacating at the end of October to allow for immediate vacant possession of that suite. The location is truly unbeatable for commuters and professionals, situated just a short stroll from the Kitchener GO train station, the Google offices, and the best of both downtown Kitchener and Waterloo.
The home has been extremely well kept and features excellent modern infrastructure, including a newer natural gas furnace, a professionally waterproofed basement, and ductless split unit heat pumps providing dedicated air conditioning in each unit. This is a turnkey investment with all the updates being completed. Outside, a massive parking area provides ample room for six vehicles.
The main level unit is a generous 845sf one bedroom apartment featuring convenient in-unit laundry, direct basement access for storage, and an updated kitchen complete with stainless steel appliances, including a dishwasher. This main floor unit also walks out to a large, updated deck overlooking the parking area. The second-level unit is a spacious 850sf two bedroom apartment that boasts a uniquely cool finished attic living space and its own updated kitchen with stainless steel appliances. With its prime location, many mechanical updates, and incredible commuting convenience, 94 Margaret Ave delivers a turnkey opportunity to secure a premium asset in a highly desirable area.
Property Type:
Residential Income
Property SubType:
Duplex Up/Down
Year built:
1900
(Age: 126)
Listing General Location:
212 - Downtown Kitchener/East Ward, 2 - Kitchener East
Exterior featuring a gabled roof, light brick facade, and multiple windows
Brick and siding exterior with a front porch, a bay window, and a gabled roof
Brick exterior featuring multiple window styles
Brick exterior with stone foundation and pitched shingle roof
Brick and siding exterior with a covered porch, bay window, and gabled roofline
Brick exterior with a covered porch featuring wood flooring, a panel door with an accent window, and a single window with trim
Manicured lawn with mature trees and a stone pathway
Manicured lawn with mature trees and a concrete walkway
Brick exterior with multiple windows and gable dormer
Gravel driveway with a wood privacy fence, bordered by established landscaping, leading to a commercial-style building
Additional content
Gravel parking area with a wood privacy fence and mature trees
Wood-finish flooring with dark wood-stained trim and door frames
Hardwood-style flooring, white walls, and dark wood trim
Wood-finish flooring with dark trim, white paneled door, and a wall-mounted mini-split unit
Hardwood-finish flooring, white walls, and built-in mini-split units
Wood-finish flooring with baseboard trim, white interior door, and window with casing
Hardwood flooring with a white six-panel door and dark wood paneled doors
White shaker-style cabinetry with stainless steel hardware, white countertop, white subway tile backsplash, stainless steel dishwasher, and wood-finish flooring
Kitchen featuring white shaker cabinetry, white countertops, subway tile backsplash, and stainless steel appliances
Kitchen featuring stainless steel appliances, white cabinetry, solid surface countertops, wood-finish flooring, and subway tile backsplash
Stainless steel appliances, white subway tile backsplash, light wood-finish flooring, white cabinetry, dark wood paneled doors
White vanity with integrated sink, chrome faucet, and storage cabinet
White vanity with an integrated sink and chrome faucet
Wood-finish flooring, white paneled door, ceiling fan, white walls, and window with dark wood trim
Wood-finish flooring with light wood-finish cabinetry, stainless steel range, and a ceiling-mounted light fixture
Wood-finish flooring, light wood-finish cabinetry, dark stone-finish countertops, stainless steel range, and stainless steel range hood
Wood-finish flooring with a stainless steel refrigerator, undermount sink, and extensive wood-finish cabinetry
Wood-finish flooring throughout, complemented by a stainless steel refrigerator, wood cabinetry, and a countertop with an undermount sink
Wood-finish cabinetry with stainless steel hardware, dark countertop, stainless steel range, and wood-finish flooring
Wood-finish flooring throughout, white walls, and a window with horizontal blinds provide a bright atmosphere
Wood-finish flooring, white walls, and built-in closet storage
Tile flooring with a white toilet, built-in shelving, white wall tile, and a vanity with an integrated sink
Full bathroom with a modern vanity, white countertop, and integrated sink
Rich wood-paneled doors with trim details
Additional content
Hardwood flooring, sloped ceiling, white walls, built-in media console, recessed lighting
Sloped ceiling design, white painted walls, wood-finish flooring, white panel door, and transom window
Sloped ceiling design, two windows, wood-finish flooring, recessed lighting, and a built-in wooden dresser with drawers
Photo 41 of 48
White painted walls with sloped ceilings
Pitched roofline with dormer windows, surrounded by mature trees
Residential properties with pitched roofs and mature trees, surrounded by other structures and roadways
Data was last updated September 17, 2026 at 01:50 PM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$624,950
Min list price:
$399,999
Max list price:
$2,980,000
Avg days on market:
27
Min days on market:
5
Max days on market:
160
Avg price per sq.ft.:
$322.11
These statistics are generated based on the current listing's property type
and located in
212 - Downtown Kitchener/East Ward. Average values are
derived using median calculations. This data is not produced by
the MLS® system.