Properties

269 Madison Ave S Downtown Kitchener

Offered at $2,700,000

Square Feet 0

Beds / Baths 0 / 0

MLS ID 40272569

The Story

LAND ASSEMBLY!! 4 LOTS WITH APPROXIMATE LOT DIMENSIONS OF 148'x108'x182'x103'. 4 Potential Opportunities For Development Including 1) 31 Unit Apt Building Or 2) 12 Back-To-Back Towns Or 3) 16 Unit Stacked Towns Or 4) 21 Unit Infill. (All Incorporate R7 Zoning). DRAFT CONCEPT DRAWINGS AVAILABLE UPON REQUEST. 269 Madison Ave. S. + 265 Madison Ave. S. + 263 Madison Ave. S. + 184 Mill St. Fantastic opportunity to own multiple residential properties SIDE BY SIDE in thriving downtown Kitchener, close to Iron Horse trail, Victoria Park, Kitchener Market, LRT stops. 269 Madison Ave. S. multiplex with full permit drawings available for City to increase units to 11. 265 Madison Ave. S. currently tenanted - 3+1 bedroom detached home. 263 Madison Ave. S. - 3 bedroom detached home, vacant and 184 Mill St. - 3 bedroom detached home, vacant. Zoned R5. Survey of severed 269 Madison Ave S. & 184 Mill St. available, Phase 1 environmental and financials at 269 Madison Ave. S. available upon request.

Walk / Transit Score 47 / 58

Property Dimensions 148 X 108

Property Taxes $23,082

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

Tell me more