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58 MADISON Avenue N
Kitchener Ontario N2H2Z6 Canada

$2,650,000

Active Listing ID 40731112
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12 bed
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8,750 square feet
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12.00 Bath
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Multi-family

$2,650,000

Active Listing ID 40731112
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58 MADISON Avenue N 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:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Cooling System: None
  • Exterior Finish: Concrete, Brick
  • Heating Systems: Radiant heat
  • Additional Features
  • Basement
Listing Changed: 11/13/2025 10:15:43 PM GMT
Source Updated Date: 12/6/2025 2:08:09 AM GMT

Courtesy of: ERIC FREY, Salesperson, Coldwell Banker Peter Benninger Realty