40 Madison Avenue
Kitchener, ON
4 bed • 2 bath • approx. 1500-2000 sqft • Detached • 1 days on market
You'll love this charming Century Home in Downtown Kitchener. Perched on a hill overlooking the city, this 3 + 1 bedroom, 2-bathroom home pairs original character with extensive updates. Thick brick walls quiet the outside world, while large windows and high ceilings keep the main floor bright and open. Recent updates include a fully renovated kitchen (2021), main level flooring (2021), furnace and A/C (2021), new windows (2023), a fully renovated upstairs bathroom (2025), and new basement flooring and steps (2026). You'll also find an inviting sunroom and private office on the main floor, as well as a finished basement which is rare for a home of this age. Outside, enjoy a newer deck and pergola (2024), pre-wiring for electric car, a detached garage, and updated patio and landscaping - all on a 150ft deep lot, rare for a downtown setting. Set 10 feet above Charles Street over a beautiful mural, the height and cedar trees offer privacy. Although Charles Street may look like a busy road, it's much quieter than you'd expect because it caters to foot traffic, buses and the LRT. The layout adapts easily to different needs, with storage throughout. Set on a quiet, friendly street, you're walking distance to schools, the Iron Horse Trail, and an LRT stop, with great restaurants, bakeries, and grocery stores nearby, plus easy highway access. A home with history, well cared-for and ready for its next chapter.
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2025)
- $3,529
- Listed
- August 19, 2026
Price History
Listing history
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Property
- Style
- 2-Storey
- Age
- 100+
- Construction
- Brick, Stucco (Plaster)
- Roof
- Asphalt Shingle
- Foundation
- Unknown
- Interior
- In-Law Capability, Water Softener
- Lot Size
- 37.83 x 150 Feet
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Courtland Ave E, Madison Ave S
- Zoning
- R3
- Parcel Number
- 225020066
- Possession
- Flexible
Commercial
- Occupancy
- Owner
Included
- Inclusions
- Dishwasher, Dryer, Range Hood, Refrigerator, Stove, Washer
- Rental Items
- Water Heater
Schools
Secondary
- Cameron Heights Collegiate Institute0.2 km
Public · Waterloo Region DSB · 1765 students
Grade 10 literacy: 90% met the provincial standard
- Eastwood Collegiate Institute1.9 km
Public · Waterloo Region DSB · 1270 students
Grade 10 literacy: 84% met the provincial standard
- Kitchener Waterloo Collegiate and Vocational School2.3 km
Public · Waterloo Region DSB · 1650 students
Grade 10 literacy: 88% met the provincial standard
Elementary
- Courtland Avenue Public School0.5 km
Public · Waterloo Region DSB · 270 students
- Suddaby Public School0.7 km
Public · Waterloo Region DSB · 505 students
Grade 3 reading: 67% met the provincial standard · Grade 6 math: 58% met the provincial standard
- Sheppard Public School0.9 km
Public · Waterloo Region DSB · 365 students
Grade 3 reading: 82% met the provincial standard · Grade 6 math: 60% 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
Residential Freehold in Kitchener · last 12 months
- Median sold price
- $665,000
- Homes sold
- 1,934
- Median days on market
- 20
- Sale-to-list price
- 101.0%
Based on 1,934 recorded sales of residential freehold properties in Kitchener over the last 12 months.
Rooms
5-piece on Second, 3-piece on Basement
Second
- Bathroom9'8" x 8'10"
- Bedroom11'2" x 12'5"
- Bedroom 26'6" x 11'9"
- Bedroom 311'9" x 9'6"
Main
- Dining Room10'4" x 15'11"
- Foyer7'4" x 9'6"
- Kitchen20'11" x 8'10"
- Living Room10'8" x 17'6"
- Office10'11" x 8'
Basement
- Bathroom3'6" x 8'
- Bedroom 49' x 14'7"
- Laundry14'7" x 9'1"
- Other8'2" x 13'4"
- Recreation9'8" x 29'1"
Listed by
RE/MAX TWIN CITY REALTY INC.
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Mortgage Calculator
$143,000
Estimated Monthly Payment
$3,513
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,513/mo (20% down, 5.5%)
Taxes: $294/mo · Insurance: $179/mo
Estimates only. Consult a financial advisor.