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$2,950,000
99 Days On Site

58 Madison Avenue N
Kitchener, ON N2H 2Z6

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
8,750
SqFt
$337
/SqFt
County:
Waterloo
Call Now: 647-909-3337
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647-909-3337
58 Madison Avenue N58 Madison Avenue N58 Madison Avenue N58 Madison Avenue N
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Monthly Payment (Est.)

$13,459
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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 Walkers 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, its perfectly positioned for investors seeking a turn-key, low-maintenance asset minutes from the heart of Downtown Kitchener.

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Listing Snapshot
Price 
$2,950,000
Days On Site 
99 Days
Bedrooms 
N/A
Inside Area (SqFt) 
8,750 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
N/A
MLS® Number 
X12166338
Status 
Active
Property Tax 
$28,367
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 months agoListing first seen on site
3 months agoListing updated with changes from the MLS®
General Features
Cross Street 
Weber St. E./Madison Ave. N.
Parking Spaces 
12
SqFt Total 
8750
Water Source 
Public
Zoning 
CR-1, 18H
Interior Features
Heating 
Radiant
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Listing courtesy of COLDWELL BANKER PETER BENNINGER REALTY

Listing information is provided by Participants of the Toronto Real Estate Board. VOW information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Toronto Real Estate Board
Last checked 2025-08-29 08:26 PM UTC

Neighborhood & Commute
Source: Walkscore
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