ON
Kitchener
N2H2Z6
58 MADISON N Avenue
58 MADISON N Avenue, Kitchener, ON N2H2Z6
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Listing Type
Multi Family
Listing Status
active
26
$2,950,000

Home Details for 58 MADISON N Avenue

Price
$2,950,000
Type
Residential Income
Bedrooms
12
Bathrooms
12.0
Square feet
NaN
Parking
Days on site
123
Listing #
40731112
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:31684)

Property Features
  • Cooling Information
    • None
  • Heating Information
    • Radiant
Listing Courtesy: Coldwell Banker Peter Benninger Realty
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240 Holiday Inn Drive #F, Cambridge, ON N3C 3X4
Office
647 618 3158
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