$499,000 - 121 Morgan Avenue Unit 7, Kitchener
Condo for Sale in Kitchener
- MLS Number
- X13132356
- Property Type
- Condo
- Status
- active
- Days on Site
- 29
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Kitchener
- Locker
- None
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- RE/MAX REALTY ENTERPRISES INC.
Rare Opportunity: Steps to Skiing, Schools, and Transit! Great For First-Time Buyers & Buyers Downsizing! Incredible value in this beautifully maintained, carpet-free 3-bedroom townhouse located in one of Kitchener's most active and convenient neighborhoods. With an updated kitchen and renovated bathrooms, this move-in-ready home offers a modern lifestyle at an affordable price point. The Location: Walk to School: Ditch the morning rush! This home is a short, easy walk to Howard Robertson Public School, making it ideal for young families. Chicopee Ski & Summer Resort: Located literally around the corner, enjoy world-class skiing, snowboarding, and tubing in the winter, plus mountain biking and ziplining all summer long.Commuter's Dream: Minutes from Highway 8 and the 401, and a short trip to the Fairway LRT Station for effortless access to the Waterloo tech hub.Nature at Your Doorstep: Explore the nearby Grand River trails for hiking, running, and scenic cycling.Home Highlights & Incredible ValueSmart Energy Savings: Dual gas fireplaces (main floor and basement) heat the home so efficiently. Recent Upgrades: Features an updated kitchen, renovated bathrooms, and a brand-new water softener (2025). Finished Basement: Enjoy a large, cozy rec room in the finished basement, perfect for a home theater or games room. Abundant Storage: Unique layout includes two large storage areas tucked under the stair landings - one accessed through the garage and another from the basement. Carpet-free throughout with 1,214 sq. ft. of above-grade living space. Don't miss out on this economical, turn-key gem that perfectly balances urban convenience with outdoor adventure!
Estimate your monthly payments for this property
Estimated Payment
$2,560.13/mo
Includes CMHC insurance ($13,922)
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.
121 Morgan Avenue Unit 7, 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 $416/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 29 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.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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.