134 Thaler Avenue, Kitchener

Price: $650,000

5 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Semi-Detached

MLS#: X12850014

Welcome to your dream home in the heart of Kitchener, Ontario! This stunning 3+2 bed 2 bath semidetached raised bungalow, offers ease of access to Waterloo & Wilfrid Laurier universities, as well as Conestoga College, minutes from the highway. Amenities, public transit, parks, schools & Fairview Park Mall all located close by. Step inside & be greeted by a main floor that boasts a spacious floor plan. The family room is open concept to the dining room & kitchen, creating the perfect space for entertaining friends & family. Fully renovated. This home offers a finished basement with two additional rooms and a washroom. this property appeals to both first-time homebuyers and investors seeking income generation. The backyard is perfect for hosting summer barbecues or enjoying a quiet evening with loved ones. Upgrades includes a 2024 furnace and AC with 15 year warranty.

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$650,000 - 134 Thaler Avenue, Kitchener

Semi-Detached for Sale in Kitchener

100 days on market
5Beds
2Baths
700 - 1,099Sq Ft
Semi-Detached
Property Details
MLS Number
X12850014
Property Type
Semi-Detached
Status
active
Days on Site
100
Bedrooms
5
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Kitchener
Listing Brokerage
IQI GLOBAL REAL ESTATE
Description

Welcome to your dream home in the heart of Kitchener, Ontario! This stunning 3+2 bed 2 bath semidetached raised bungalow, offers ease of access to Waterloo & Wilfrid Laurier universities, as well as Conestoga College, minutes from the highway. Amenities, public transit, parks, schools & Fairview Park Mall all located close by. Step inside & be greeted by a main floor that boasts a spacious floor plan. The family room is open concept to the dining room & kitchen, creating the perfect space for entertaining friends & family. Fully renovated. This home offers a finished basement with two additional rooms and a washroom. this property appeals to both first-time homebuyers and investors seeking income generation. The backyard is perfect for hosting summer barbecues or enjoying a quiet evening with loved ones. Upgrades includes a 2024 furnace and AC with 15 year warranty.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,334.84/mo

Includes CMHC insurance ($18,135)

$
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5%10%50%

5-yr fixed avg.

Principal: $585,000Interest: $397,316
Mortgage Amount$603,135
Total Interest$397,316
Est. Property Tax$460/mo
Total Cost$1,000,451

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

134 Thaler Avenue, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
5.5%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$460
Insurance (est.)-$135
Net Cash Flow+$3,005

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

Fair Market Value

At $929/sqft, this property is priced in line with current Kitchener market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Negotiation Opportunity

At 100 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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Kitchener.

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 $2,708 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    134 Thaler Avenue, Kitchener — $650,000 | Battaglia Team