200 MADISON Avenue S

About this home.

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! (id:59491)

The full record.

How this listing prices against Downtown/Rockway/S. Ward.

Downtown/Rockway/S. Ward had only 3 sales but 43 active listings, making it one of the softer markets in the city by supply balance. The average price was $522,000, well below the city average, and homes sold in 13 days at 97.75 percent of list, so the few successful listings moved efficiently. The challenge here is depth of demand rather than pricing on the homes that do sell. This is a neighbourhood where condos heavily shape the overall picture.

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