106 Paige Street, Kitchener

Price: $1,349,800

5 bedrooms, 5 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: X13100562

A spectacular luxury custom-built home offering over 5,000 sq ft of living space, featuring 4+1 bedrooms, 5 bathrooms, 3 gas fireplaces, a professionally finished walk-out basement, and a rare large pie-shaped lot in a highly sought-after community. This home offers exceptional space and comfort. Boasting 3,482 sq ft above grade plus approx.1,600 sq ft of finished walk-out basement, presenting a striking rear elevation with a three-storey appearance. Showcasing top-quality craftsmanship and upgrades throughout. The impressive living and family room area features 18-ft ceilings, a grand elegant fireplace, and large windows with abundant natural light, creating a warm ambiance. Solid double entry door. Hardwood flooring throughout main and second floors. Chandelier and lots of pot lights. Spacious kitchen with granite countertops & large island, and ample cabinetry, ideal for everyday living. Main floor office adds functionality. Newer covered decks with glass railings on the main level with panoramic view and ground level (2020) provides great outdoor leisure spaces. The fully finished walk-out basement features large windows, bar, granite counter, wine storage room, and fireplace, ideal for extended family or party entertaining. Situated on a premium pie-shaped lot (7,772 sq ft, widening to over 92 ft at rear) with a private fenced backyard and landscaped gardens. Higher assessed value reflects it is one of the high-level and well-appointed homes in the community. Close to conservative river area, parks, amenities, business hub, and minutes by car to University of Waterloo, Wilfrid Laurier University, and Conestoga College, and schools. Potential for additional residential units (ARUs) such as separate basement secondary suite (buyer to verify with the City). The measurements of rooms for references only. Buyer and buyer's agent to verify all measurements and other details.

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$1,349,800 - 106 Paige Street, Kitchener

Detached for Sale in Kitchener

39 days on market
5Beds
5Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
X13100562
Property Type
Detached
Status
active
Days on Site
39
Bedrooms
5
Bathrooms
5
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Kitchener
Lot Size
7,772 sqft
Listing Brokerage
HOMELIFE NEW WORLD REALTY INC.
Description

A spectacular luxury custom-built home offering over 5,000 sq ft of living space, featuring 4+1 bedrooms, 5 bathrooms, 3 gas fireplaces, a professionally finished walk-out basement, and a rare large pie-shaped lot in a highly sought-after community. This home offers exceptional space and comfort. Boasting 3,482 sq ft above grade plus approx.1,600 sq ft of finished walk-out basement, presenting a striking rear elevation with a three-storey appearance. Showcasing top-quality craftsmanship and upgrades throughout. The impressive living and family room area features 18-ft ceilings, a grand elegant fireplace, and large windows with abundant natural light, creating a warm ambiance. Solid double entry door. Hardwood flooring throughout main and second floors. Chandelier and lots of pot lights. Spacious kitchen with granite countertops & large island, and ample cabinetry, ideal for everyday living. Main floor office adds functionality. Newer covered decks with glass railings on the main level with panoramic view and ground level (2020) provides great outdoor leisure spaces. The fully finished walk-out basement features large windows, bar, granite counter, wine storage room, and fireplace, ideal for extended family or party entertaining. Situated on a premium pie-shaped lot (7,772 sq ft, widening to over 92 ft at rear) with a private fenced backyard and landscaped gardens. Higher assessed value reflects it is one of the high-level and well-appointed homes in the community. Close to conservative river area, parks, amenities, business hub, and minutes by car to University of Waterloo, Wilfrid Laurier University, and Conestoga College, and schools. Potential for additional residential units (ARUs) such as separate basement secondary suite (buyer to verify with the City). The measurements of rooms for references only. Buyer and buyer's agent to verify all measurements and other details.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,970.62/mo

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5-yr fixed avg.

Principal: $1,079,840Interest: $711,346
Mortgage Amount$1,079,840
Total Interest$711,346
Est. Property Tax$956/mo
Total Cost$1,791,186

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

106 Paige Street, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,200/mo
Range: $3,570 - $4,830
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,200
Maintenance Fees-$0
Property Tax (est.)-$956
Insurance (est.)-$281
Net Cash Flow+$2,963

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 $450/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 39 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.

Larger Home Realities

At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Kitchener.

Bathroom Count Matters

With 5 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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    106 Paige Street, Kitchener | $1,349,800 | Battaglia Team