$899,900 - 125 Covington Crescent, Kitchener
Detached for Sale in Kitchener
43 days on market- MLS Number
- X13099026
- Property Type
- Detached
- Status
- active
- Days on Site
- 43
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Kitchener
- Listing Brokerage
- CORCORAN HORIZON REALTY
Tucked away on a quiet crescent in sought-after Forest Heights and set on a rare, oversized lot, this beautifully maintained 4-bedroom home offers the kind of lifestyle most families only dream about - a place where every season feels like a getaway, right at home. The bright foyer opens to a thoughtfully designed main floor where the formal living and dining rooms flow seamlessly together - perfect for both everyday living and refined entertaining. At the heart of the home, the renovated kitchen impresses with granite countertops, a large central island, and abundant cabinetry. Open-concept design carries you into the oversized family room, where patio doors lead to a wrap-around deck overlooking a fully landscaped, fenced yard. The inground pool is perfectly positioned for maximum sun - an ideal setting for summer entertaining and family fun. A garden shed adds extra convenience. Upstairs, four well-appointed bedrooms include a spacious primary retreat offering room to truly relax, complemented by a full bathroom. Gleaming hardwood flooring, handcrafted woodwork, and exceptional attention to detail elevate every space across the main and upper levels. The finished lower level extends your living space with a generous recreation room, full bathroom, dedicated laundry room, fitness area, and outstanding storage throughout. Parking is a standout feature: a concrete driveway accommodates 4vehicles (2 wide), and the single attached garage offers direct entry into the home through a spacious mudroom with a storage closet - ideal for busy family life year-round. Mechanically sound and meticulously cared for: central AC, serviced furnace, sump pump with D-link, plus newer eavestroughs and fascia enhance long-term value. Steps to all three levels of schools, community centre, pool, library, shopping, parks, and trails - this is the complete family lifestyle package. A rare opportunity in one of Kitchener's most established neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$4,616.95/mo
Includes CMHC insurance ($25,107)
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.
125 Covington 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 $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 43 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Kitchener. Good resale value as demand remains consistent.
Bathroom Count Matters
With 3 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.
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 $3,750 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.