132 Daimler Drive, Kitchener

Price: $839,500

4 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X13103070

Beautifully updated and well maintained 2 story detached home located in highly desirable Lackner Woods/Idlewood family friendly community. Bright & spacious, over 2,600 sq.ft. of finished living space and move-in ready! Thoughtfully designed & decorated open concept main floor offers formal Living/Dining room, spacious Kitchen with abundance of cabinets with granite countertops, glass backsplash and porcelain flooring. The main floor cathedral ceiling Family room provides direct access to composite deck with aluminum railings and a fenced yard. The upper floor offers 3 generously sized bedrooms and 2 bathrooms including Primary Bedroom with luxurious 4 piece ensuite with glass shower & large soaker tub. Hardwood floors on main and 2nd level and oak staircase. Fully finished basement features large Recroom with gas fireplace and oversized windows allowing for natural light, 3 piece bathroom and plenty of closet storage. The large cold cellar completes the lower level. Double car garage, concrete driveway and large welcoming front porch. The updates include: new kitchen (2018), fridge & dishwasher (2021), main bath, ensuite & powder room (2020), furnace (2024), water softener (2023). Fantastic neighborhood to raise your family surrounded by Idlewood and Briarcreek Parks with walking trails, steps away from Chicopee Ski Hill & the Grand River, great schools & transit. Minutes to Fairview Park Mall & multiple shopping plazas, quick access to Highway 7, 8 & 401.

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$839,500 - 132 Daimler Drive, Kitchener

Detached for Sale in Kitchener

39 days on market
4Beds
4Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X13103070
Property Type
Detached
Status
active
Days on Site
39
Bedrooms
4
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Kitchener
Listing Brokerage
RE/MAX TWIN CITY REALTY INC.
Description

Beautifully updated and well maintained 2 story detached home located in highly desirable Lackner Woods/Idlewood family friendly community. Bright & spacious, over 2,600 sq.ft. of finished living space and move-in ready! Thoughtfully designed & decorated open concept main floor offers formal Living/Dining room, spacious Kitchen with abundance of cabinets with granite countertops, glass backsplash and porcelain flooring. The main floor cathedral ceiling Family room provides direct access to composite deck with aluminum railings and a fenced yard. The upper floor offers 3 generously sized bedrooms and 2 bathrooms including Primary Bedroom with luxurious 4 piece ensuite with glass shower & large soaker tub. Hardwood floors on main and 2nd level and oak staircase. Fully finished basement features large Recroom with gas fireplace and oversized windows allowing for natural light, 3 piece bathroom and plenty of closet storage. The large cold cellar completes the lower level. Double car garage, concrete driveway and large welcoming front porch. The updates include: new kitchen (2018), fridge & dishwasher (2021), main bath, ensuite & powder room (2020), furnace (2024), water softener (2023). Fantastic neighborhood to raise your family surrounded by Idlewood and Briarcreek Parks with walking trails, steps away from Chicopee Ski Hill & the Grand River, great schools & transit. Minutes to Fairview Park Mall & multiple shopping plazas, quick access to Highway 7, 8 & 401.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,307.07/mo

Includes CMHC insurance ($23,422)

$
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5%10%50%

5-yr fixed avg.

Principal: $755,550Interest: $513,149
Mortgage Amount$778,972
Total Interest$513,149
Est. Property Tax$595/mo
Total Cost$1,292,121

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.

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Neighbourhood Guide: Kitchener

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

132 Daimler Drive, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
3.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$595
Insurance (est.)-$175
Net Cash Flow+$2,430

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $560/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 39 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 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 $3,498 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    132 Daimler Drive, Kitchener | $839,500 | Battaglia Team