Properties

269 Madison Ave S Downtown Kitchener

Offered at $1,375,000

Square Feet 4,256

Beds / Baths 0 / 0

MLS ID 40260801

The Story

OFFERS ANYTIME!! PRIME LOCATION IN DTK! VALUE-ADD OPPORTUNITY! Tons of potential. Zoned R5. This large brick building currently offers: 6x2 bedrooms, 2x1 bedroom units and 2 rooming units. PROPOSED FULL MECHANICAL, ARCHITECTURAL, ELECTRICAL PERMIT DRAWINGS TO INCREASE UNITS TO 11: 5x2 bed units, 4x1 bed units, 2xbachelor units. PERMIT WITH THE CITY OF KITCHENER UNDER REVIEW. Phase 1, survey with severed 184 Mill St, floor plans and permit drawings for 11 unit conversion available. Contact LA for full package details. TONS OF POTENTIAL TO ADD VALUE WITH RENOVATIONS AND POTENTIALLY INCREASE DENSITY AS TENANTS ROTATE OUT. Looking to get started right away? Basement 2 bed + rooming unit vacant and awaiting your creative touch. Quick access to the highway, walking distance to Kitchener Market, Victoria Park, shops, trails and more. Taxes not yet assessed due to severance.

Walk / Transit Score 47 / 59

Property Dimensions 74 X Irregular

Property Taxes $N/A

Year Built 1930

The Details

The Neighbourhood

Downtown Kitchener

Public PrimaryQueen Elizabeth

Public SecondaryCameron Heights CI

Separate PrimarySt. Bernadette

Separate ScondarySt. Mary's

The Lifestyle

The heart of Kitchener is the Downtown core, conveniently located for the movers and shakers of the city. Downtown offers plenty of opportunities for the urban dwellers who want to be at the city’s centre, from brand new high rise construction to repurposing projects that convert old factories into trendy loft-style apartments. All the while, offering beautiful older style homes dating from the early to mid-1900s just a short walk from the downtown core. [...]

Neighbourhood Details & Data

Detached$695,000

Median Days on Market10

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