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24 Madison Avenue S Kitchener, ON N2G 3M3
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Key Details
Sold Price $439,900
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,606 sqft
Price per Sqft $273
MLS Listing ID 40813559
Bedrooms 2
Full Baths 2
Half Baths 2
Year Built 1900
Annual Tax Amount $3,881
Property Sub-Type Detached
Property Description
Welcome to 24 Madison Ave S, a unique and versatile detached property located in one of Kitchener's most dynamic and rapidly growing areas. Ideal for investors & developers, Supports live-work opportunities, Allows future redevelopment into larger projects, Strong potential for appreciation due to intensification policies. Offering 2 bedrooms and 4 bathrooms, this property is suited for a live-work lifestyle, giving you the flexibility to run your business while enjoying comfortable living space. The main floor features beautiful, exposed brick, a spacious industrial-style kitchen, a 3-piece bathroom, living area, den, and a mudroom—perfect for a studio, office, or client-facing business setup. Upstairs, you'll find 2 bedrooms, a second kitchen, a 3-piece bathroom, and an additional powder room, providing great potential for separate living or rental options. Location truly sets this property apart, just steps from LRT transit and bus routes, and minutes to Hwy 7/8, Kitchener Farmers' Market, and St. Mary's Hospital, offering unmatched convenience and connectivity. Adding even more value, the property is zoned SGA-3 (Strategic Growth Area), allowing for high-density residential and mixed-use development, including retail, office, and service-based uses, making it an excellent opportunity for investors and future redevelopment in a rapidly intensifying area. Whether you're looking to live, work, invest, or reimagine the space, the possibilities here are endless. Property is being sold in as-is condition. Don't miss your chance to secure a prime piece of downtown real estate, book your private showing today!
Location
Province ON
County Waterloo
Area 3 - Kitchener West
Zoning SGA-3
Rooms
Kitchen 2
Interior
Heating Forced Air, Natural Gas
Cooling Window Unit(s)
Laundry In-Suite
Exterior
Parking Features Detached Garage, Asphalt
Garage Spaces 1.0
Roof Type Metal
Building
Lot Description Urban, Rectangular, High Traffic Area, Highway Access, Open Spaces, Park, Place of Worship, Playground Nearby, Public Transit, Schools, Shopping Nearby, Trails
Foundation Unknown
Sewer Sewer (Municipal)
Water Municipal
Structure Type Brick
New Construction No
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