100 North Drive, Kitchener

Price: $399,900

2 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X13172334

Gem in the rough in the Belmont/Highland area. This 1948 bungalow sits on a large lot backing onto a school yard and features a detached garage with an attached workshop. Located close to schools, shopping, public transit, parks, and other amenities.The home has been maintained over the years and offers approximately 650 sq. ft. on the main floor with two bedrooms, a 3-piece bathroom, living room, and eat-in kitchen. The windows are fitted with exterior awnings, and there is an enclosed front porch.An opportunity for buyers, renovators, or investors looking for a property where cosmetic updates and improvements could be completed over time. Same owner for the past 60 years .

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$399,900 - 100 North Drive, Kitchener

Detached for Sale in Kitchener

2Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X13172334
Property Type
Detached
Status
active
Days on Site
19
Bedrooms
2
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Kitchener
Listing Brokerage
RE/MAX Solid Gold Realty (II) Ltd
Description

Gem in the rough in the Belmont/Highland area. This 1948 bungalow sits on a large lot backing onto a school yard and features a detached garage with an attached workshop. Located close to schools, shopping, public transit, parks, and other amenities.The home has been maintained over the years and offers approximately 650 sq. ft. on the main floor with two bedrooms, a 3-piece bathroom, living room, and eat-in kitchen. The windows are fitted with exterior awnings, and there is an enclosed front porch.An opportunity for buyers, renovators, or investors looking for a property where cosmetic updates and improvements could be completed over time. Same owner for the past 60 years .

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,051.69/mo

Includes CMHC insurance ($11,157)

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5-yr fixed avg.

Principal: $359,910Interest: $244,441
Mortgage Amount$371,067
Total Interest$244,441
Est. Property Tax$283/mo
Total Cost$615,508

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Kitchener

Discover Kitchener

Kitchener is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Kitchener

  • Convenient location in Kitchener
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Kitchener offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

100 North Drive, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
6.1%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$2,034

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $571/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 19 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in Kitchener are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    100 North Drive, Kitchener — $399,900 | Battaglia Team