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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Kitchener
  • 311 - Downtown/Rockway/S. Ward
  • 246 Madison Avenue S
246-madison-avenue-s-kitchener-ontario-40764574
246-madison-avenue-s-kitchener-ontario-40764574
246-madison-avenue-s-kitchener-ontario-40764574
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$10K (Sep 02)
  • For SaleAdded in Sep 2025
  • Detached

246 Madison Avenue S

Kitchener, 311 - Downtown/Rockway/S. Ward
  • 3 Bedrooms
  • 2 Bathrooms
  • 0 Garage
  • Share
Listed for:
1.45%
Estimated Price: $ 691,660
1.86%
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Room Details of 246 Madison Avenue S, Kitchener

FloorBedroomsBathrooms
Ground*1
Second31
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Key Facts About 246 Madison Avenue S, Kitchener

  • Tax$3,612 / 2025
  • Property TypeResidential
  • Building TypeSingle Family Residence
  • Building StyleTwo Story
  • Property AttachedDetached
  • Size950 feet²
  • Lot Size40.00 x 243.5 feet
  • Parking0 garage, 2 parking
  • BasementFull, Unfinished
  • Listing #40764574
  • Data SourceITSO
  • Days on Market279
  • Listed On02/09/2025
  • Updated On27/04/2026
  • Market Demand
    the canadian homethe canadian home

Description

Attention Developers and Contractors, Great project on this Large Lot 40 x 244, currently nearly spate ready for 3 – 3 bedroom unit additions under the ADU bylaws, all plans done along with engineering/grading and survey, discounted DC’s (not paid yet), house recently renovated with newer furnace and AC (2022), newer roof 2022, newly painted (2025), new eavestroughs (2025), currently has month to month tenant ready to move when suitable to make way for construction.

Property Details of 246 Madison Avenue S, Kitchener

Property

  • Property TypeDetached, Detached
  • StyleTwo Story
  • Fronting OnNorth
  • Community311 - Downtown/Rockway/S. Ward
  • MunicipalityKitchener

Inside

  • Bedrooms3
  • Bathrooms2
  • BasementFull, Unfinished
  • Kitchen1
  • Rooms8
  • FireplaceY
  • AppliancesDryer, Range Hood, Refrigerator, Stove, Washer
  • Appliances IncludedDryer,Range Hood,Refrigerator,Stove,Washer

Utilities

  • WaterMunicipal
  • CoolingCentral Air
  • Heating TypeForced Air
    • Cable ConnectedY
    • Electricity ConnectedY
    • Natural Gas ConnectedY

Building

  • Size950 feet²
  • Architecture StyleTwo Story
  • Exterior FeatureBacks on Greenbelt
  • RoofAsphalt Shing
  • ConstructionBrick
  • Foundation TypeConcrete Perimeter

Parking

  • Drive WayPrivate Drive Single Wide
  • Garage TypeTandem
  • Garage0
  • Parking Places2
  • Total Parking Places2

Land

  • Frontage40.00
  • Depth243.5
  • ZoningR4
  • Lot Size40.00 x 243.5 feet
  • Acreage< 0.5

Features

  • NoneY

Our Estimate

See Real Estate Market Trends in Kitchener

Estimated Home Value

$ 691,660

Date of Estimation

22-May-2026

Estimated Rent

$ 2,891

Rental Yield

4.58%

School Score

7.1/10

Rental Score

4.5/5

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Rooms

Bedroom (3.05X3.05 metre)
Level: Second
Bedroom (3.05X3.05 metre)
Level: Second
Bedroom (3.05X3.05 metre)
Level: Second
Bathroom
Level: Second
Kitchen (3.05X3.05 metre)
Level: Main
Dining Room (3.05X3.05 metre)
Level: Main
Living Room (3.05X3.05 metre)
Level: Main
Bathroom (1.22X0.91 metre)
Level: Main

Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,000

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0

Monthly Expenses After Home Purchase

$569

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
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Data is provided courtesy of ITSO © 2021 ITSO ( https://www.itsosystems.ca ) The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information deemed reliable but not guaranteed.

Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

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About 246 Madison Avenue S, Kitchener

If you’re on the lookout for a fantastic opportunity in Kitchener, then this house for sale in Kitchener at 246 Madison Avenue S is definitely worth a gander. Nestled in the vibrant community of 311 - Downtown/Rockway/S. Ward, this detached two-storey home boasts a prime location and a plethora of potential, especially for developers and contractors.

The property sits on a generous lot measuring 40 x 244 feet, which is nearly ready for the addition of three separate three-bedroom units, all in accordance with the ADU bylaws. The groundwork has already been laid with all necessary plans completed, including engineering, grading, and a survey. You’ll find that the development potential here is immense, making this house for sale in Kitchener an exciting prospect for anyone looking to invest in the area.

As you step inside this charming home, you’ll notice it has been recently renovated, featuring a newer furnace and central air conditioning system installed in 2022, ensuring comfort throughout the seasons. The roof was also replaced in 2022, so you won’t have to worry about any leaks or repairs for years to come. The interior has been freshly painted in 2025, giving it a bright and welcoming feel, perfect for new owners or tenants.

This house for sale in Kitchener includes three spacious bedrooms, providing ample space for families or those looking to share. While there is no den, the layout is designed to maximise the living area, with a total of eight rooms to utilise. The main kitchen is well-equipped with essential appliances such as a stove, refrigerator, dryer, and range hood, making it a practical space for cooking and entertaining. Although there is no additional kitchen, the main kitchen is more than adequate for your culinary needs.

With two bathrooms in the house, there’s plenty of convenience for residents and guests alike. However, it’s worth noting that there is no family room, but the living spaces are designed to be versatile, allowing for various configurations to suit your lifestyle. The full unfinished basement offers additional potential for expansion or storage, giving you the freedom to create the space you desire.

The exterior of the property is equally appealing, as it backs onto a greenbelt, providing a serene backdrop and a sense of privacy. Imagine enjoying your morning coffee while overlooking the lush greenery! Although there’s no pool on the property, the expansive lot size offers plenty of outdoor space for gardening, entertaining, or simply enjoying the fresh air.

Parking won’t be an issue here, as the house features a private single-wide driveway that accommodates up to two vehicles. While there is no garage, the tandem garage space offers additional storage options if needed.

For those concerned about connectivity, this house for sale in Kitchener is equipped with internet access, ensuring you can stay connected whether you’re working from home or streaming your favourite shows. The heating system is forced air, providing efficient warmth during the colder months, while the municipal water supply ensures you have reliable access to water.

Currently, the property has a month-to-month tenant who is ready to move when it’s suitable for the new owners, making this house for sale in Kitchener a practical choice for investors or those looking to develop the property further. With discounted development charges (not yet paid), this is a golden opportunity to capitalise on a burgeoning area in Kitchener.

In summary, 246 Madison Avenue S, Kitchener is not just a house; it’s a canvas for your next project or a comfortable home for a family. With its prime location, extensive lot size, and numerous features, this house for sale in Kitchener is a rare find that you won’t want to miss. Whether you’re a developer or a homeowner, this property has something to offer everyone. Don’t let this opportunity slip away!

The 311 - Downtown/Rockway/S. Ward area in Kitchener offers a vibrant blend of urban living and natural beauty, making it an attractive choice for potential residents. Nestled close to the city centre, this neighbourhood boasts a rich tapestry of cultural amenities, including charming cafes, eclectic shops, and local art galleries, all within easy reach. The picturesque Rockway Park provides a serene escape with its lush green spaces and walking trails, perfect for leisurely strolls or family outings. With excellent public transport links and a strong sense of community spirit, 311 - Downtown/Rockway/S. Ward presents an inviting environment for those seeking a dynamic yet tranquil lifestyle in Kitchener.

Schools in the Neighbourhood

This property is ideally located near several educational institutions, catering to a range of academic needs for families. The closest school is Courtland Senior Public School, just 0.4 km away, serving grades 7 to 8, although it currently has a school rating of 0. For younger children, Queen Elizabeth Public School (1.1 km) offers an English curriculum for grades JK to 6, with a respectable rating of 3.8. J.F. Carmichael Public School (1.3 km) provides a French-language education for grades 1 to 6 and boasts a higher rating of 4.7. For secondary education, Cameron Heights Collegiate Institute (0.8 km) is a strong option with a rating of 7.7, while Kitchener-Waterloo Collegiate and Vocational School (2.4 km) also offers a French curriculum and has a rating of 7. Additionally, there are Catholic education options such as St. Bernadette Catholic Elementary School (0.7 km) and St. Mary's High School (2.7 km), which cater to various grades and languages of study. Overall, this area provides a diverse range of educational opportunities for children of all ages.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small community with a population of 671 residents and an average household size of 1.8. The average age of residents is 42 years, indicating a mature population. With an average household income of $85,200, the economic landscape shows a relatively affluent community, though 13.6% of the population is classified as low-income. The real estate market reflects this affluence, with an average property price of $532,000. The area has a diverse social structure, with 53.28% of the population being single and 26.47% of households having children. A significant portion of the community, 22.54%, consists of immigrants, contributing to its cultural diversity. Renting is common, with 50% of residents classified as renters, and condos make up 27.03% of the housing market. Education levels are high, with 59.35% of residents holding a college or university degree. However, 29.27% of the population is not in the labor force, which may indicate a mix of retirees and individuals pursuing education or other interests. Overall, this area presents a unique blend of demographics that may appeal to various prospective buyers or renters.

FAQs About 246 Madison Avenue S, Kitchener

How many bathrooms does this property have?

This property features 2 bathroom(s) and 3 bedroom(s).

Does this 3 bedroom property have additional bedrooms or a den?

This Detached property does not have an additional bedroom or a den.

What is the square footage (sqft) of this Detached property?

The total square footage of this Detached 3 bed property in Kitchener is 950.

How many parking spaces are available with this property?

246 Madison Avenue S boasts 2 convenient parking spaces.

How many cars can be parked in the garage of 246 Madison Avenue S?

This property does not feature a garage.

What type of garage does this property have?

This property includes an Tandem garage with space for 0 cars.

Does this property have a basement?

Yes, this property has a basement.

What type of basement is it?

This property features Full, Unfinished basement.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

A fireplace is available in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Information about the maintenance fee is not available.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Forced Air.

What utilities are available for this property?

This property include following utilities : Cable Connected, Electricity Connected, Natural Gas Connected.

School Rating for 246 Madison Avenue S, Kitchener

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