$349,900 - 123 Pioneer Park Drive, Kitchener
New Construction for Sale in Kitchener
103 days on market- MLS Number
- X12743450
- Property Type
- New Construction
- Status
- active
- Days on Site
- 103
- Bedrooms
- 0
- Bathrooms
- 0
- Square Feet
- 2,200 sqft
- Neighbourhood
- Kitchener
- Listing Brokerage
- HOMELIFE/VISION REALTY INC.
Eggsmart- Restaurant 2200 sq. ft. in prime Kitchener corner location. Short hours, Monday to Friday 7 AM to 3 PM, Saturday and Sunday from 7 AM to 4 PM. Tastefully decorated for perfect ambiance to serve breakfast, brunch, lunch etc. 88 seats inside with 34 on patio. Present base rent $5879 plus TMI (includes operating costs, realty tax, hydro and water)- As per attached Monthly rental expense schedule. Lease expiring 2029 and can be extended.
Estimate your monthly payments for this property
Estimated Payment
$1,795.17/mo
Includes CMHC insurance ($9,762)
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.
123 Pioneer Park Drive, Kitchener
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Rental income estimator & ROI calculator
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 $159/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.
Negotiation Opportunity
At 103 days on site, this property has exceeded the typical selling timeline for Kitchener. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.