$549,900 - 120 Arrowhead Crescent, Kitchener
Detached for Sale in Kitchener
New — Listed 3 days ago- MLS Number
- X13463014
- Property Type
- Detached
- Status
- active
- Days on Site
- 3
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Kitchener
- Listing Brokerage
- RE/MAX REAL ESTATE CENTRE INC.
Welcome to 120 Arrowhead Crescent, a well-maintained brick backsplit backing onto Homer Watson Park, one of Kitchener's most sought-after natural settings. Pride of ownership is evident throughout this 3+2 bedroom, 2 full bathroom home, offering 1,471 square feet of finished living space and a versatile layout suited to first-time homebuyers, families, multi-generational living, or investment potential. The separate entrance provides flexibility for an in-law setup or potential mortgage helper, while the beautifully landscaped grounds enhance the home's curb appeal and outdoor enjoyment. Situated on a spacious 40 x 100 lot, this property offers the rare opportunity to enjoy mature forest, walking trails, and the scenic Grand River valley right in your own backyard, providing a level of privacy and natural beauty seldom found within the city. Upgrades include: ROOF (2020), FURNACE (2020), REFRIGERATOR (2020), HOT WATER TANK (2020), A/C UNIT (2018), EAVESTROUGHS, SOFFITS & FASCIA (2026), DISHWASHER (2026), and RANGE HOOD (2026). Conveniently located close to schools, shopping, parks, public transit, and everyday amenities, with quick access to Highway 8 and Highway 401 for commuters. Whether you're looking for additional living space, income potential, or a peaceful setting surrounded by nature, this home offers a unique opportunity in a highly desirable Kitchener neighbourhood.
Estimate your monthly payments for this property
Estimated Payment
$2,821.27/mo
Includes CMHC insurance ($15,342)
5-yr fixed avg.
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.
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
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.
120 Arrowhead Crescent, Kitchener
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $786/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Kitchener's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
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.
Investment Perspective
Looking at this as an investment: Kitchener properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,291 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.