NewFor Sale

58 Madison Avenue N
Kitchener, Waterloo, ON, N2H 2Z6

Investment
TRREB
MLS® Number: X12166338
$2,650,000List Price
InvestmentProperty Type
8,750 sq ftSize
$28,367 / 2024Taxes (Annual)
Join CPRB Brokerage
Apply here

Property Location

Loading map…
Receive updates in 58 Madison Avenue N, Kitchener, Waterloo, ON N2H 2Z6

Listing History

Buy/sell history for 58 Madison Avenue N, Kitchener, ON N2H 2Z6

0 Transactions by CPRB Agents

Top Agents in Kitchener

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 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.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$28,367 / 2024
Listing #:X12166338
Property Type:Investment
Size:8,750 sq ft
Land Size:60 x 143
Days on CPRB:
Garage:Outside/Surface
Locker:None
On CPRB Since:
Listing Brokerage:COLDWELL BANKER PETER BENNINGER REALTY

Rooms

Details

Property

Property Type:Investment
Municipality:Waterloo

Building

Size:8,750 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:Outside/Surface
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:No
Heating Type:Radiant

Land

Cross Street:Weber St. E./Madison Ave. N.

$2,650,000

List price

58 Madison Avenue N, Kitchener – Investment for sale · MLS® # X12166338 | CPRB