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$599,000
Kitchener
40 Madeleine Street, Kitchener, Ontario, N2R1V4
This 3-bedroom, 2-bathroom home in Kitchener is for sale offering roughly 1,300 sq ft of space. Listed at $599,000, it is attractively priced about 20% below the $745,000 median asking price in Kitchener.
Located in the heart of Huron Park, this well-kept freehold townhouse offers 1400 square feet of bright, open-concept living with no condo fees. The main floor features a spacious kitchen, dining area, and a large living room with a walkout to a wooden deck and a fully fenced backyard. Laminate flooring runs throughout both the main and second levels for a warm, cohesive feel.The second floor includes three generous bedrooms, and the basement offers excellent potential for finishing. Its layout allows for an easy separate-entrance setup, making it suitable for a home-based business, office, or an in-law or nanny suite.The home has been well maintained with many recent updates. The roof was replaced approximately three years ago, most windows were replaced three years ago, the fence was replaced two years ago, and the water softener is only two months old. The washer and dryer are also recent. At approximately 15 years old, the property offers modern construction with meaningful upgrades already completed.Set in a family-friendly neighbourhood close to parks, schools, trails, and all Huron Park amenities, this freehold home delivers outstanding value, flexibility, and long-term peace of mind. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 199 days on market, against an average age of 54 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 31 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 100.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This 3-bed single family in Kitchener is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $599,000, about 5.2× the local median household income of $116,000.
Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 1% above the area median.
Source: Statistics Canada, 2021 Census (FSA N2R)
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Loading rates, 30-yr amortization
Cash Needed to Close
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