193 MADISON Avenue
Kitchener, Ontario
6 bed • 5 bath • Single Family
Discover a unique and versatile century home in one of Kitchener’s vibrant and convenient communities. Centrally located in a Prime Downtown location offering exceptional “Cash Flow”. This charming 1.5-storey home pairs original character with thoughtful, extensive updates is situated on a large oversized lot with modern curb appeal. Beautifully renovated home offering flexible living arrangements. Ideal for extended family or owner occupancy with additional space suitable for rental or in-law use. The home features multiple finished living areas, separate kitchen areas, updated bathrooms, refreshed flooring, fresh paint, and a detached rear workshop/storage building with bonus finished space and a WR. The layout is designed to offer practical separation while still functioning comfortably as one single-family home. The second floor includes 3 Rooms currently used as bedrooms and 1 WR. The main floor includes 1 BR, a living room, 2 kitchens, and 2 WR. The basement includes 2 BR, a living room, WR, and utility room. The Garage modified to detached rear workshop provides a large open-concept storage/workshop area, bonus room for office/BR, and 1 WR. Ample parking is available behind the building. The updated finishes, functional layout, and additional usable space make it appealing for a variety of buyers and living arrangements. Conveniently situated near LRT and bus transit, with quick access to Highway 7/8, Downtown Kitchener, Google Canada, and St. Mary’s Hospital, this home offers both accessibility and flexibility.
Price History
Schools
Elementary
- St Bernadette Catholic Elementary School0.6 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 School0.7 km
Public · Waterloo Region DSB · 265 students
Grade 3 reading: 70% met the provincial standard · Grade 6 math: 79% met the provincial standard
- Courtland Avenue Public School0.7 km
Public · Waterloo Region DSB · 270 students
Secondary
- Cameron Heights Collegiate Institute1 km
Public · Waterloo Region DSB · 1765 students
Grade 10 literacy: 90% met the provincial standard
- Eastwood Collegiate Institute2.1 km
Public · Waterloo Region DSB · 1270 students
Grade 10 literacy: 84% met the provincial standard
- St Mary's High School2.4 km
Catholic · Waterloo CDSB · 2240 students
Grade 10 literacy: 94% 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 N2G
- Population
- 14,580
- Private dwellings
- 8,284
- Median age
- 38
- Average household size
- 1.8
- Median household income
- $62,400
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
- 1,928
- Median days on market
- 20
- Sale-to-list price
- 101.0%
Based on 1,928 recorded sales of single family properties in Kitchener over the last 12 months.
Location
Mortgage Calculator
$145,959
Estimated Monthly Payment
$3,585
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,585/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $182/mo
Estimates only. Consult a financial advisor.
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