Sold for:Sold Apr 14, 2026
$439,900

24 Madison Avenue S

Kitchener, ON N2G 3M3

Multiplex SoldNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 24 Madison Avenue S, Kitchener

2026-03-30
2026-04-14
Sold
Price
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MLS#
x12937494

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 24 Madison Avenue S, Kitchener

Summarized Description

  • Unique detached property in a growing area
  • Supports live-work lifestyle for flexibility
  • Zoned for high-density residential development
  • Industrial-style kitchen with exposed brick
  • Two kitchens for rental or separate living
  • Close to transit and major highways
  • Strong appreciation potential due to policies
  • Endless possibilities for investors and developers

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!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,881
Land Transfer Tax Fee
$5,273

Basement Type
Full, Partially Finished

Interior Features

Interior Extras
Accessory Apartment
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
2-Storey

Construction

Exterior Finish
Brick
Roof
Asphalt Shingle
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
37.00 ft
Lot Depth
83.16 ft

Inclusions

Inclusions
Dryer, Refrigerator, Stove, Washer

Parking & Garages

Garage Type
Detached
Garage Spaces
1
Parking Spaces
2
Total Garage And Parking Spaces
3

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Window Unit(s)
Water
Municipal
Sewers
Sewer

Bedrooms
2
Washrooms
4
Kitchens
2
Family / bonus room
Yes

Room sizes

  • Kitchen—
    Main level
  • Living Room—
    Main level
  • Den—
    Main level
  • Kitchen—
    Second level
  • Primary Bedroom—
    Second level
  • Bedroom—
    Second level
  • Bathroom—
    Second level
  • Bathroom—
    Second level, 3 Pc Bath
  • Utility Room—
    Basement level
  • Bathroom—
    Basement level
  • Bathroom—
    Main level

Washrooms

  • 3-piece, Main
  • 1-piece, Second
  • 3-piece, Second
  • 1-piece, Basement

Municipality
Kitchener
Main cross streets
Charles St E
Zoning
SGA-3
Directions
Charles St E/ King St E

MLS® number
X12937494
Data source
Toronto Regional Real Estate Board
Status change
2026-04-14
Listed on
2026-03-30
Days on market
15 days
Possession type
Flexible
Co-op commission
2% + HST
Seller
Listed by
RE/MAX TWIN CITY REALTY INC.

Home Market Value

Current home valuation for 24 Madison Avenue S, Kitchener, , . Listed for $439,900

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Estimated Sales Range

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HOMEH Estimate for 24 Madison Avenue S, Kitchener

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$434,621$408,183$384,385$351,920
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Land Transfer Tax

Provincial

$5,273

Total Land Transfer Tax

$5,273

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