$1,200,000
$1,225,000
2.0%For more information regarding the value of a property, please contact us for a free consultation.
269 Madison Avenue S Kitchener, ON N2M 3H5
4,156 SqFt
Key Details
Sold Price $1,200,000
Property Type Multi-Family
Sub Type Multi-6-9 Unit
Listing Status Sold
Purchase Type For Sale
Square Footage 4,156 sqft
Price per Sqft $288
MLS Listing ID 40360049
Sold Date 05/30/23
Abv Grd Liv Area 5,402
Originating Board Waterloo Region
Annual Tax Amount $15,449
Property Description
This separately metered all-brick eight unit apartment building sits on Downtown Kitchener’s Madison Avenue – just down Mill Street from Victoria Park, a few blocks from the LRT, and handy to DTK’s abundant workplaces, restaurants, nightlife destinations and more. 269 Madison Avenue South features six two-bedroom units, a pair of single bedroom units and two individual rooms for lease. The central location and proximity to so many amenities in a rapidly growing community makes this multifamily building a great long term buy and hold. There’s also a great opportunity to increase density on-site, with proposed permit for 11 units or simply by undertaking renovations to the existing units and moving upmarket. Phase 1 environmental, survey, floor plans and financials available. R5 Zoning. Please inquire directly for additional information or to schedule a tour.
Location
Province ON
County Waterloo
Area 3 - Kitchener West
Zoning R5
Direction Madison/Mill
Rooms
Basement Development Potential, Separate Entrance, Walk-Up Access, Full, Partially Finished
Kitchen 0
Interior
Interior Features Separate Hydro Meters
Heating Natural Gas, Radiant
Cooling None
Fireplace No
Appliance Hot Water Tank Owned
Laundry Coin Operated, In Basement
Exterior
Roof Type Asphalt Shing
Lot Frontage 74.0
Garage No
Building
Lot Description Urban, City Lot, Hospital, Major Highway, Park, Other
Faces Madison/Mill
Story 2
Foundation Concrete Perimeter
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 2
Structure Type Brick
New Construction No
Others
Senior Community false
Tax ID 225050030
Ownership Freehold/None
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