Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium stucco (plaster) and wood construction, this residence presents an exceptional opportunity offered at $797,911 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.
Discover a unique (2 in-law suites and 2 backyards) and versatile home set in one of Kitchener's most vibrant communities. Showcasing a modern, newly renovated design and eye-catching curb appeal, this property offers the perfect blend of style, space, and income potential. Step inside to an open-concept main floor featuring a seamless living, kitchen, and dining area, great for both everyday living and entertaining. The main level also includes a convenient laundry room and a 2-piece bath. Upstairs, you'll find four spacious bedrooms along with a comfortable family room, providing plenty of space for a growing family. Enjoy outdoor living with a fenced backyard and private patio, perfect for relaxing or hosting guests. Adding exceptional versatility, the home includes a 1 bedroom accessory apartment with a 3-piece bath, its own separate entrance, and private backyard space, ideal for extended family or income potential. The finished basement expands your living space with a wet bar, 3-piece bath, and an additional laundry room. Positioned for ultimate convenience, this home is just a short walk to LRT transit and bus routes, with quick access to Highway 7/8 and only minutes from the Kitchener Farmers' Market and St. Mary's Hospital, making daily commuting and errands effortless. Complete with a single-car garage and parking for two more vehicles in the driveway, this fantastic layout delivers modern living with exceptional flexibility. Notable updates: Furnace & A/C ~2021, Most Windows ~2021, Roof ~2018, Stucco ~2021. A rare opportunity you won't want to miss!
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Park, Place Of Worship, Public Transit, School, Rec./Commun.Centre
Accessory Apartment, In-Law Suite, Other
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 200 Madison Avenue S, Kitchener, ON N2G 3M8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Kitchener.
About Purchasing a Home in Kitchener, ON
For a property listed at $797,911 in Kitchener, the legal minimum down payment is $54,791 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 $12,433 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 $12,433.
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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.