141 Franklin Street, Kitchener

Price: $520,000

4 bedrooms, 1 bathrooms

1,100 - 1,499 sqft

Property Type: Semi-Detached

MLS#: X13440694

Here's your chance to own a spacious FREEHOLD home with no condo fees in Kitchener's great Stanley Park neighbourhood. Offering over 1,700 sq. ft. of living space, a carport, parking for up to 7 vehicles, and a 180-foot deep lot, this 4-level, 4-bedroom backsplit has plenty to offer. Step inside to a welcoming entryway that leads into a bright and inviting living room. Next up is the open concept eat-in kitchen behind which you'll find the main-floor 4-piece bathroom and convenient access to a covered outdoor seating area behind the carport. Upstairs, you'll find two bedrooms overlooking the backyard, including the spacious primary bedroom. The lower level offers two additional bedrooms, providing flexibility for growing families, guests, a home office, or rental potential. The finished basement features a recreation room, bar area, utility room, and a large crawl space for additional storage. Outside, the deep, fully fenced backyard includes a deck, a shed and ample green space perfect for relaxing, entertaining, or enjoying time outdoors. Whether you're a first-time buyer, growing family, or investor seeking a great opportunity, 141 Franklin St. N. is a property worth seeing.

141 Franklin Street - Semi-Detached photo 1 of 10 in Kitchener, Ontario
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New Listing
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$520,000 - 141 Franklin Street, Kitchener

Semi-Detached for Sale in Kitchener

New — Listed yesterday
4Beds
1Baths
1,100 - 1,499Sq Ft
Semi-Detached
Property Details
MLS Number
X13440694
Property Type
Semi-Detached
Status
active
Days on Site
1
Bedrooms
4
Bathrooms
1
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Kitchener
Listing Brokerage
RE/MAX Solid Gold Realty (II) Ltd
Description

Here's your chance to own a spacious FREEHOLD home with no condo fees in Kitchener's great Stanley Park neighbourhood. Offering over 1,700 sq. ft. of living space, a carport, parking for up to 7 vehicles, and a 180-foot deep lot, this 4-level, 4-bedroom backsplit has plenty to offer. Step inside to a welcoming entryway that leads into a bright and inviting living room. Next up is the open concept eat-in kitchen behind which you'll find the main-floor 4-piece bathroom and convenient access to a covered outdoor seating area behind the carport. Upstairs, you'll find two bedrooms overlooking the backyard, including the spacious primary bedroom. The lower level offers two additional bedrooms, providing flexibility for growing families, guests, a home office, or rental potential. The finished basement features a recreation room, bar area, utility room, and a large crawl space for additional storage. Outside, the deep, fully fenced backyard includes a deck, a shed and ample green space perfect for relaxing, entertaining, or enjoying time outdoors. Whether you're a first-time buyer, growing family, or investor seeking a great opportunity, 141 Franklin St. N. is a property worth seeing.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,667.87/mo

Includes CMHC insurance ($14,508)

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5-yr fixed avg.

Principal: $468,000Interest: $317,853
Mortgage Amount$482,508
Total Interest$317,853
Est. Property Tax$368/mo
Total Cost$800,361

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

141 Franklin Street, 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)
6.3%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$368
Insurance (est.)-$108
Net Cash Flow+$2,724

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 $473/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Kitchener's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

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 $2,167 (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.

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    141 Franklin Street, Kitchener | $520,000 | Battaglia Team