Detached House for sale at 40 Madison Avenue, Kitchener, Ontario, N2G 3M5 - MLS: X13480800

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40 Madison Avenue

Kitchener, Ontario, N2G 3M5 -

$649,000

Virtual Tour

Neighbourhood
Major Intersection

Courtland Ave E, Madison Ave S

Listed Since: 6 day(s)
Last update: 1 day(s) ago

Virtual Tour

Overview

Property Type

Detached, 2-Storey
Bedrooms

3 + 1
Bathrooms

2
Basement

Finished
Kitchen

1
Total Parking

4 (1 Detached Garage)
Lot Size

37.83x150 (Feet)
Taxes

$3,529.00 (2026)
Type

Freehold

Property Description

Property description for 40 Madison Avenue, Kitchener

Perched on a hill overlooking the city, this charming 3-bedroom, 2-bathroom century home pairs original character with thoughtful, extensive updates. Thick brick walls quiet the outside world, while large windows and high ceilings keep the main floor bright and open. The kitchen was fully renovated in 2021, alongside new main level flooring and a new furnace and A/C. Since then, the home has continued to be cared for with the same attention: new windows in 2023, a renovated basement bathroom that same year, an updated patio and landscaping in 2022, a deck and pergola added in 2024, and new basement flooring and steps completed in 2026. On the second level you'll find a completely remodeled 5-piece bathroom with freestanding soaker tub, completed in 2025. The layout is well-suited to a variety of living arrangements, with no shortage of storage throughout. Outside, the lot is generous for its downtown setting - a rare find this close to the core. The neighbourhood is friendly, you're walking distance to both primary and high schools, close to the Iron Horse Trail and nearby parks, and just steps from an LRT stop. The surrounding area has seen a steady arrival of great restaurants, bakeries, and grocery stores, all within an easy walk, while highway access remains close by. A home with history, well-maintained and ready for its next chapter.

Listed by RE/MAX TWIN CITY REALTY INC.

Property details

MLS #

X13480800
Sq. Ft

1500-2000
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

100+
Pool

None
Drive

n/a
Garage

Detached, 1 spaces
Total Parking

4
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

N
Roof

Asphalt Shingle
Foundation

Unknown
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

X13480800
Sq. Ft

1500-2000
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

100+
Pool

None
Drive

n/a
Garage

Detached, 1 spaces
Total Parking

4
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

N
Roof

Asphalt Shingle
Foundation

Unknown
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Office

3.33 x 2.44 ft Main level
Living

3.25 x 5.33 ft Main level
Dining

3.15 x 4.85 ft Main level
Foyer

2.24 x 2.9 ft Main level
Kitchen

6.38 x 2.69 ft Main level
3rd Br

3.58 x 2.9 ft 2nd level
Bathroom

2.95 x 2.69 ft 2nd level

5 Pc Bath
Br

3.4 x 3.78 ft 2nd level
2nd Br

1.98 x 3.58 ft 2nd level
Bathroom

1.07 x 2.44 ft Bsmt level

3 Pc Bath
Rec

2.95 x 8.86 ft Bsmt level
4th Br

2.74 x 4.44 ft Bsmt level
Laundry

4.44 x 2.77 ft Bsmt level
Other

2.49 x 4.06 ft Bsmt level

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Estimated price

Date

Price

Change

2026-06-23

$691,123

2.38%

Local Real Estate Price Trends for Detached in Kitchener

Active listings

390

Average Selling Price of a Detached

May 2026

$820,768

Last 3 Months

$816,602

Last 12 Months

$830,504

May 2025

$897,506

Last 3 Months LY

$868,132

Last 12 Months LY

$891,002

Change

-9%

Change

-6%

Change

-7%

Historical Average Selling Price of a Detached in

Average Selling Price

3 years ago

$1,023,605

Average Selling Price

5 years ago

$880,385

Average Selling Price

10 years ago

$467,515

Change

-20%

Change

-7%

Change

76%

Number of Detached Sold

May 2026

137

Last 3 Months

112

Last 12 Months

100

May 2025

117

Last 3 Months LY

109

Last 12 Months LY

Change

17%

Change

11%

How many days Detached takes to sell (DOM)

May 2026

Last 3 Months

Last 12 Months

May 2025

Last 3 Months LY

Last 12 Months LY

Change

11%

Change

10%

Change

17%

Average Selling price

Inventory Graph

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First time home buyer

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.