$999,900 - 127 Eliza Avenue, Kitchener
Detached for Sale in Kitchener
108 days on market- MLS Number
- X12839018
- Property Type
- Detached
- Status
- active
- Days on Site
- 108
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Kitchener
- Listing Brokerage
- RE/MAX TWIN CITY REALTY INC.
Welcome to 127 Eliza Ave, Kitchener, a beautifully upgraded home nestled in the highly desirable Eby Estates community. Offering an impressive over 3000 sqft of finished living space, this property sits on a premium 55 x 151 ft corner lot, delivering stunning views, The lush landscaping, beautiful, covered porch, oversized corner presence and sought-after 4-car parking (2-car garage, 2-car driveway) create a grand first impression. Stepping into the breathtaking foyer with soaring ceilings and closets on both sides feels both luxurious and welcoming. The living room features 11 ft ceilings, oversized windows overlooking the backyard and a cozy gas fireplace, truly the heart of the home. The chef's kitchen boasts granite countertops, stainless steel appliances including a wine fridge, stylish backsplash, pantry, and a large center island with an additional sink. A bright dining area sits just off the kitchen, where family memories are made. A spacious main floor den with its own private entrance is ideal for a home office or guest suite. The main and upper floors are carpet-free with premium flooring throughout. Upstairs offers three generously sized bedrooms, including an oversized primary bedroom with large windows, a customized walk-in closet and a spa-inspired 4pc ensuite. An additional bathroom and convenient upper-level laundry complete the second floor. The builder finished basement offers a 3pc bathroom and an expansive Rec room that can be customized into an additional bedroom, home gym, home theatre and playroom with plenty of remaining space. Step outside in the fully fenced backyard oasis with interlocking stone patio, just perfect for all summer fun activities or hosting BBQs, gatherings or simply enjoying the views. Ideally located just minutes from top-rated schools, parks, Sunrise Plaza and quick access to Highway 7/8, this home has it all! Book your private showing today and make it yours!
Estimate your monthly payments for this property
Estimated Payment
$5,130.01/mo
Includes CMHC insurance ($27,897)
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.
127 Eliza Avenue, 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 $500/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 108 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 $4,166 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.