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246 MADISON Avenue

246 MADISON Avenue

Kitchener, Ontario

3 bed • 2 bath • Single Family

$679,000

Attention Developers and Contractors, Great project on this Large Lot 40 x 244, currently nearly spate ready for 3 – 3 bedroom unit additions under the ADU bylaws, all plans done along with engineering/grading and survey, discounted DC’s (not paid yet), house recently renovated with newer furnace and AC (2022), newer roof 2022, newly painted (2025), new eavestroughs (2025), currently has month to month tenant ready to move when suitable to make way for construction.

Price History

Schools

Elementary

  • Courtland Avenue Public School0.4 km

    Public · Waterloo Region DSB · 270 students

  • St Bernadette Catholic Elementary School0.7 km

    Catholic · Waterloo CDSB · 435 students

    Grade 3 reading: 85% met the provincial standard · Grade 6 math: 42% met the provincial standard

  • Queen Elizabeth Public School1 km

    Public · Waterloo Region DSB · 265 students

    Grade 3 reading: 70% met the provincial standard · Grade 6 math: 79% met the provincial standard

Secondary

  • Cameron Heights Collegiate Institute0.8 km

    Public · Waterloo Region DSB · 1765 students

    Grade 10 literacy: 90% met the provincial standard

  • Eastwood Collegiate Institute2.2 km

    Public · Waterloo Region DSB · 1270 students

    Grade 10 literacy: 84% met the provincial standard

  • Kitchener Waterloo Collegiate and Vocational School2.4 km

    Public · Waterloo Region DSB · 1650 students

    Grade 10 literacy: 88% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area N2M

Population
36,494
Private dwellings
16,113
Median age
36.4
Average household size
2.3
Median household income
$71,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Single Family in Kitchener · last 12 months

Median sold price
$665,000
Homes sold
1,923
Median days on market
20
Sale-to-list price
101.0%

Based on 1,923 recorded sales of single family properties in Kitchener over the last 12 months.

Location

Mortgage Calculator

$135,800

Estimated Monthly Payment

$3,336

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $3,336/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $170/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

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