We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
58 MADISON AVENUE N, Kitchener
2026-06-26
Quick Summary
- Location
- 58 MADISON AVENUE N, Kitchener, Ontario N2H2Z6
- Price
- $2,499,000
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 8712 sqft
MLS®#X13485394
Property Description
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 (id:32467)
Property Features
Building
- Cooling Type: None
- Fireplace: No
- Interior Size: 8712 sqft
- Building Type: Multi-Family
- Utility Water: Municipal water
Land
- Land Size: 8712 ac
Zoning
- Description: SGA-2
Information entered by COLDWELL BANKER THE REAL ESTATE CENTRE
Listing information last updated on: 2026-06-24 20:15:42
Book your free home evaluation with a 1% REALTOR® now!
How much could you save in commission selling with One Percent Realty?
Slide to select your home's price:
$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
Send a Message
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
Yes, yes, and yes.
Learn more about the One Percent Realty Deal
Slavica Zekic Salesperson
- Phone:
- (519) 722-5055
- Email:
- slavica@kwforsale.com
- Support Area:
- Kitchener, Ontario, Waterloo, ontario, Guelph, on, Cambridge, on, Elora, on, New Hamburg, on, Kitchener East, Kitchener West, Waterloo East, Waterloo West, Woolwich and wellesley township, Wilmot townhship, Hespeler, Galt west, Galt east, Galt north, guelph
...
Full ProfileRobert E. Lyon SALESPERSON
.jpg)
- Phone:
- 519-938-7109
- Email:
- robert@onepercentrealty.com
- Support Area:
- ORANGEVILLE, SHELBURNE, GUELPH, BOLTON, TOTTENHAM, GRAND VALLEY, KITCHENER, WATERLOO, FERGUS, ELORA, MONO, ARTHUR, CALEDON, BRAMPTON, MISSISSAUGA, MULMUR, ALISTON, HILLBURG, MELANCTHON, AMARANTH, ARISS, BURLINGTON, OAKVILLE, MILTON, TORONTO
I am a well experienced, honest, professional FULL-TIME Realtor® who services ORANGEVILLE & SUR ...
Full ProfileNorman Savaille Salesperson
- Phone:
- 4168794968
- Email:
- norm4000@gmail.com
- Support Area:
- Kitchener, Cambridge, Waterloo, Guelph, Brampton, Mississauga
Over a dozen years licensed as a Sales Representative in Ontario. I have worked with as different ty ...
Full Profile