193 Madison Avenue, Kitchener, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium brick front construction, this residence presents an exceptional opportunity offered at $729,797 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.
- 6 Bedrooms and 5 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a spacious lot (Feet)
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Carpet Free, In-Law Capability, Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
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.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Park, Place Of Worship, School Bus Route, Public Transit
Interior Features
Carpet Free, In-Law Capability, Water Heater, Workbench
Security Features
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 193 Madison Avenue S, Kitchener, ON N2G 3M7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Kitchener, ON
For a property listed at $729,797 in Kitchener, the legal minimum down payment is $47,980 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $11,071 for this transaction. As this listing is in Kitchener (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $11,071.
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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.