What is the price of this commercial in Kitchener?

This commercial is currently listed for sale. Contact SousaSells.ca for the most up-to-date pricing information and to schedule a viewing.

What is the square footage of this property?

Square footage information is available upon request. Contact SousaSells.ca for detailed property specifications.

When was this property built?

Year built information is available upon request. Contact SousaSells.ca for complete property details.

How can I schedule a viewing of this property?

You can schedule a viewing by contacting SousaSells.ca directly through our website or by phone. Our experienced agents will arrange a convenient time for you to tour the property.

What type of property is this?

This is a commercial located in Kitchener.

58 Madison Avenue, Kitchener, ON

$2,499,000

MLS#:X13485394

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0 beds

0 baths

Commercial

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Property no longer active

This property was sold on August 26, 2026. This listing is for reference purposes only. to view the sold price.

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Added:Jun 23, 2026(72 days ago)

•

Updated:Aug 26, 2026(8 days ago)

Last Checked:12 minutes ago

Property Highlights

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Welcome to this remarkable investment located in the coveted neighborhood of Kitchener. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,499,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

0 Bedrooms and 0 Bathrooms
Premium 60.06 x 141.9 ft lot size
Convenient outside/surface garage included
equipped with no central cooling and highly efficient water radiators heating

Description

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Discover Madison Place at 58 Madison Ave, a turnkey 12-unit income property strategically positioned in Kitchener's high-demand rental corridor. Fully renovated in 2015, this meticulously maintained asset blends classic charm with modern, investor-ready upgrades. Every suite features newly installed PEX plumbing, fully rewired electrical systems with updated sub-panels, energy-efficient windows, and commercial-grade fire-rated doors and stairwells. The building's mechanicals are equally impressive, including a north-side tankless boiler (2021), a reliable south-side boiler, and a durable galvanized steel roof installed just 15 years ago. Financially, Madison Place delivers immediate, stable cash flow with $17,473.92 in monthly in-place rents. Operating expenses are strategically minimized through individually metered hydro, tenant-paid electric baseboard heating, and flat-rate hydro inclusions in select units. With 12 self-contained one-bedroom suites, a common coin-operated laundry room, and 10 dedicated parking spots, the property offers a highly efficient, low-maintenance profile ideal for passive investors or scaling landlords seeking immediate yield. Located minutes from ION light rail, downtown Kitchener, University of Waterloo, and major healthcare hubs, this asset sits in a proven rental demand zone with sustained population growth and constrained multi-family inventory. This is a rare opportunity to acquire a fully refreshed, cash-flowing building with negligible near-term capital expenditure required. Secure your position in one of Ontario's most resilient real estate markets

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Property Summary

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This investment located at 58 Madison Avenue, Kitchener is currently for sale and has been available on SousaSells for 72 days. This property is listed at $2,499,000 with an estimated mortgage of $8,318* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 58 Madison Avenue, Kitchener

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Kitchener.

Great for Small Household / Couples

What We Love About This Home

•Desirable Investment architecture in Kitchener

Standout Features & Layout

Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

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Property Type

Commercial

Additional Details

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StatusSold Conditional

Sold price information is available to members only

AddedJun 23, 2026 (72 days ago)

UpdatedAug 26, 2026 (8 days ago)

Last Checked12 minutes ago

Transaction TypeFor Sale

Property Details

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Property Sub-TypeInvestment

Lot Size60.06 × 141.9 Feet

CountyWaterloo

Annual Tax$30,351

Parking & Garage

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Garage TypeOutside/Surface

Heating & Cooling

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Heat TypeWater Radiators

CoolingNo

Features

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Property Features

None listed

Interior Features

None listed

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 58 Madison Avenue, Kitchener, ON

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Q.What is the asking price for 58 Madison Avenue, Kitchener, ON ?

The current listing price for 58 Madison Avenue, Kitchener, ON in Kitchener is $2,499,000.

Q.How many bedrooms and bathrooms does this property have?

This property features null bedrooms and null bathrooms.

Q.What property type and architectural style is 58 Madison Avenue, Kitchener, ON ?

58 Madison Avenue, Kitchener, ON is a Investment () featuring a basement.

Q.What heating and cooling systems are installed?

Heating is provided via standard central heat and cooling via No.

Location

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58 Madison Avenue, Kitchener, ON

Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Kitchener, Kitchener

SAFETY RATING9.4 / 10

Low Incident Area

Total Annual Incidents35 incidents / yr

Average Per Month2.9 incidents / mo

Population BenchmarkArea Average residents

Personal Safety

Very Low

8 assaults (30.0/100k)

Property Security

Very Low

8 B&E (30.0/100k)

Auto Theft Risk

Low Risk

10 thefts (35.0/100k)

1-Year Trend

▼ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Official Police Services ArcGIS Open Data

Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

Property History

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No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 58 Madison Avenue N, Kitchener, ON N2H 2Z6

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Estimated Sales Range

$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed

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Properties in this area are selling at a steady pace.

Market Trend

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Kitchener Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Kitchener.

Verified Local Data

City Population575,847

City Median Age38 Yrs

City Ownership65% Owners

Avg Area List Price$838,290

People & Families

Age Distribution

Household Composition

One-person households

25%

Families with children

45%

Couples without children

28%

Other households

Top Ethnic Origins

English18%

German17%

Scottish15%

Irish15%

Best Schools in Kitchener

Elementary Schools

A R Kaufman

PublicCarwood Avenue, Rockway, Kitchener, Ontario, N2G 3C5

Rank

2969

2.0

Queen Elizabeth

Public191 Hoffman Street, Southdale, Kitchener, Ontario, N2M 3N2

Rank

2624

4.0

Our Lady of Grace

Public70 Gracefield Crescent, Alpine, Kitchener, Ontario, N2E 1R9

Rank

702

7.3

Alpine

Public75 Lucerne Drive, Alpine, Kitchener, Ontario, N2E 1B4

Rank

1703

5.8

Rockway

Public110 Doon Road, Rockway, Kitchener, Ontario, N2G 3C8

Rank

2743

3.6

Secondary Schools

St. Mary’s

Catholic1500 Block Line Road, Kitchener, Ontario, N2C 2S2

Rank

367

6.1

Eastwood

Public760 Weber Street East, Eastwood, Kitchener, Ontario, N2H 1H6

Rank

422

5.8

Cameron Heights

Public301 Charles Street East, King East, Kitchener, Ontario, N2G 2P8

Rank

142

7.5

Kitchener Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%

Rented35%

Need more details or a custom CMA?

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.