$519,000 - 14 Lorne Crescent, Kitchener
Detached for Sale in Kitchener
31 days on market- MLS Number
- X13146538
- Property Type
- Detached
- Status
- active
- Days on Site
- 31
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Kitchener
- Listing Brokerage
- CORCORAN HORIZON REALTY
Welcome to 14 Lorne Crescent, a beautifully maintained 2-bedroom, 1-bathroom bungalow offering approximately 900 square feet of comfortable main floor living in one of Kitchener's most convenient and established neighbourhoods. Situated within a designated heritage district, the home reflects and preserves the post-war character that defines this special pocket of the city. Thoughtfully updated throughout, the property features a refreshed kitchen, modern bathroom, newer windows, and recent shingles, giving buyers peace of mind for years to come. The finished basement adds valuable additional living space, ideal for a family room, home office, or recreation area. A standout feature is the detached oversized garage/workshop, a rare find at this price point. Whether you're a hobbyist, tradesperson, woodworker, or simply need extra storage and workspace, this versatile structure offers possibilities that go well beyond a typical garage. An additional shed provides even more storage for tools, seasonal items, or garden equipment. The central location places you within easy reach of downtown Kitchener, shopping, restaurants, schools, parks, transit, and major commuter routes, blending the quiet feel of a residential crescent with quick access to everything the city has to offer. A perfect opportunity for first-time buyers, downsizers, or investors looking for a turnkey property with character, updates, and standout features in a prime, historically rich location.
Estimate your monthly payments for this property
Estimated Payment
$2,662.74/mo
Includes CMHC insurance ($14,480)
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.
14 Lorne Crescent, 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 $472/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 31 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.
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 $2,163 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.