ON > Kitchener > 212 - Downtown Kitchener-East Ward
Kitchener, ON N2H2Z6,58 MADISON Avenue N
Kitchener, ON N2H2Z6,58 MADISON Avenue N
Kitchener, ON N2H2Z6,58 MADISON Avenue N
Kitchener, ON N2H2Z6,58 MADISON Avenue N
Kitchener, ON N2H2Z6,58 MADISON Avenue N
Kitchener, ON N2H2Z6,58 MADISON Avenue N
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Tia Williams

Tia Williams

+1(403) 383-6809
$ 2,650,000
Est. payment | /mo

12 Beds

12 Baths

8,750 SqFt

Save
$ 2,650,000
Est. payment | /mo
Save

12 Beds

12 Baths

8,750 SqFt

Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 8,750 sqft

Price per Sqft $302

Subdivision 212 - Downtown Kitchener/East Ward

MLS® Listing ID 40731112

Bedrooms 12

Property Sub-Type Freehold

Source Cornerstone Association of REALTORS®

Property Description

Exceptional Investment Opportunity – Turn-Key Multi-Family Asset Near Downtown Kitchener. Discover a premier investment generating approximately $203,000 in gross annual rental income. Renovated in 2015, this meticulously maintained property offers a seamless blend of modern finishes and classic character, featuring twelve self-contained one-bedroom units in a sought-after rental location. Situated just steps from schools, hospitals, transit, and downtown amenities, this high-demand area boasts a Walk Score of 97 – a true Walker's Paradise. In 2015 this building had a major overhaul with all new windows, doors, kitchens, appliances, full electrical and plumbing upgrades as well as a steel roof. Surrounded by high-density redevelopment, this asset holds strong current value and promising future appreciation potential – making it ideal for land banking while collecting attractive rental returns. Just one property away from Weber Street, it's perfectly positioned for investors seeking a turn-key, low-maintenance asset minutes from the heart of Downtown Kitchener. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Radiant heat

Cooling None

Exterior

Parking Features No

Community Features High Traffic Area, Community Centre

View Y/N No

Total Parking Spaces 12

Private Pool No

Building

Story 3

Sewer Municipal sewage system

Others

Ownership Freehold

Powered by: REALTOR.ca
Listed by Coldwell Banker Peter Benninger Realty
Tia Williams

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(403) 383-6809

tiawilliamsrealty@gmail.com

1816 Crowchild Trail NW # 700, Calgary, T2M, 3Y7, Canada

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58 MADISON Avenue N