$995,000 - 125 Steepleridge Street, Kitchener
Detached for Sale in Kitchener
52 days on market- MLS Number
- X13053982
- Property Type
- Detached
- Status
- active
- Days on Site
- 52
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Kitchener
- Listing Brokerage
- EASY LIST REALTY LTD.
*** Visit the REALTOR website for further information about this Listing *** This beautifully remodeled home offers over 2,700 sq. ft. of updated living space and is located in the highly desirable, family-friendly Doon South neighbourhood of Kitchener, just minutes from Highway 401. The main floor features a bright open-concept layout with a built-in fireplace and a stunning new kitchen complete with white cabinetry, quartz countertops, a waterfall island, tiled backsplash, built-in refrigerator, and stainless steel Bosch appliances. The home is carpet-free throughout with modern finishes and includes three spacious bedrooms, four full bathrooms, two fireplaces, and a second-floor family room with 10-foot ceilings. The primary suite features a private ensuite and fireplace. Extensive upgrades completed between 2023-2024 include new flooring, bathrooms with soundproof insulation, lighting, plumbing, paint, and more, along with a new roof in 2022. Additional features include waterproof, pet-friendly vinyl plank flooring, a tankless water heater, and five security cameras. The fully finished basement offers a large recreation area, home theatre wiring, an additional bathroom, and a separate garage entrance. The private backyard includes a deck, shed, and space for future development. Close to schools, parks, shopping, and transit, this home is ideal for commuters and families alike.
Estimate your monthly payments for this property
Estimated Payment
$5,104.87/mo
Includes CMHC insurance ($27,761)
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 Steepleridge Street, 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 $663/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 52 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.
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.
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.
Bathroom Count Matters
With 4 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 $4,146 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.