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269 MADISON Avenue S, Kitchener, Ontario, N2M 3H5

MLS® # 40360049
Investment For Sale In Mill Courtland Woodside Park, Kitchener, Ontario
$1,325,000
269 Madison Avenue S, Kitchener, ON - Outdoor With Deck Patio Veranda
269 Madison Avenue S, Kitchener, ON - Outdoor
269 Madison Avenue S, Kitchener, ON - Outdoor
269 Madison Avenue S, Kitchener, ON - Outdoor
269 Madison Avenue S, Kitchener, ON - Outdoor
269 Madison Avenue S, Kitchener, ON - Other
269 Madison Avenue S, Kitchener, ON - Outdoor With Deck Patio Veranda
269 Madison Avenue S, Kitchener, ON - Outdoor
269 Madison Avenue S, Kitchener, ON - Outdoor
269 Madison Avenue S, Kitchener, ON - Outdoor
269 Madison Avenue S, Kitchener, ON - Outdoor
269 Madison Avenue S, Kitchener, ON - Other
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269 MADISON Avenue S, Kitchener, Ontario, N2M 3H5
$1,325,000

Property Information:

This separately metered all-brick eight unit apartment building sits on Downtown Kitchener’s Madison Avenue – just down Mill Street from Victoria Park, a few blocks from the LRT, and handy to DTK’s abundant workplaces, restaurants, nightlife destinations and more. 269 Madison Avenue South features six two-bedroom units, a pair of single bedroom units and two individual rooms for lease. The central location and proximity to so many amenities in a rapidly growing community makes this multifamily building a great long term buy and hold. There’s also a great opportunity to increase density on-site, with proposed permit for 11 units or simply by undertaking renovations to the existing units and moving upmarket. Phase 1 environmental, survey, floor plans and financials available. R5 Zoning. Please inquire directly for additional information or to schedule a tour. (id:27)

Building Features:

  • Style: Multiplex
  • Basement Development: Partially finished
  • Basement Type: Full
  • Exterior Finish: Brick
  • Fire Protection: None
  • Heating Type: Radiant heat
  • Heating Fuel: Natural gas
  • Cooling Type: None

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Access Type:
  • Amenities Nearby: Hospital, Park
  • Features: Park/reserve, Laundry- Coin operated
  • Floor Space (approx): 4156.00
  • Lot Frontage: 74.0 Feet
  • Zoning: R5
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 4

Courtesy of: Chestnut Park Realty Southwestern Ontario Ltd., Brokerage

REALTOR.ca 

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 269 MADISON Avenue S, Kitchener, Ontario, N2M 3H5

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

34 hot days expected in 2050

Projected Storm Risk: Very High

13 storms expected in 2050

Projected Heat Risk: High

34 hot days expected in 2050

52/100

High

ClimateCheck®

Current data

This property, 269 MADISON Avenue S , experiences 7 hot days per year at around 30.75 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34.31 degrees Celsius.

Projected Avg. Temperature

Past
30.75℃
2050
34.31℃

# Hot Days Per Year

Past
7
2050
34

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

13 storms expected in 2050

64/100

ClimateCheck®

Current data

This property, 269 MADISON Avenue S , experiences 11 significant 2-day storms per year, with about 320.19mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 397.83mm of precipitation per year.

Precipitation Per Storm

Past
320.19mm
2050
397.83mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 269 MADISON Avenue S, Kitchener, Ontario, N2M 3H5

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$67,274.04

Average Number of Children

0.94

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

26.16 %

High school certificate or equivalent

27.36 %

Apprenticeship trade certificate/diploma

8.75 %

College/non-university certificate

20.4 %

University Degree

14.33 %

Commuter

Travel To Work

By Car

78.48 %

By Public Transit

10.68 %

By Walking

8.02 %

By Bicycle

0.09 %

By Other Methods

2.73 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

38.97 %

Houses

61.03 %

Own Vs. Rent

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