15 Gregg Court Unit 5, Kitchener

Price: $590,000

3 bedrooms, 3 bathrooms

1,200 sqft

Property Type: Condo

MLS#: X13234704

Tucked into the heart of Idlewood, Unit 5 at 15 Gregg Court offers the kind of neighbourhood and layout families are always searching for. Located within a quiet townhouse complex in one of Kitchener's most established family communities, this spacious 3-bedroom, 3-bathroom home is surrounded by parks, walking trails, excellent schools, and everyday conveniences. Inside, the bright carpet-free main floor features large windows and a functional layout designed for comfortable everyday living. The updated kitchen showcases quartz countertops, tile backsplash, stainless steel appliances, and a breakfast bar overlooking the dining area, creating a space that feels both open and welcoming. Upstairs, the spacious primary bedroom offers two large windows, dual closets, and convenient access to the cheater ensuite bathroom. Two additional bedrooms provide flexibility for growing families, guests, or a home office setup. The lower level provides valuable additional living space, ideal for a media room, kids' play area, home gym, or comfortable family retreat. A convenient 2-piece bathroom adds extra functionality. The home also features a newly installed furnace and central air conditioning system (2026), along with a newer washer and dryer (2025), offering added comfort and peace of mind for years to come. Located close to excellent public and Catholic schools, parks, trails, shopping, restaurants, public transit, Chicopee Ski & Summer Resort, the community center, library, indoor pool, and quick access to the expressway, this is a fantastic opportunity to get into a highly sought-after neighbourhood known for its strong sense of community.

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$590,000 - 15 Gregg Court Unit 5, Kitchener

Condo for Sale in Kitchener

Popular Listing
3Beds
3Baths
1,200Sq Ft
Condo
Property Details
MLS Number
X13234704
Property Type
Condo
Status
active
Days on Site
9
Bedrooms
3
Bathrooms
3
Square Feet
1,200 sqft
Neighbourhood
Kitchener
Locker
None
Exposure
West
Balcony
None
Listing Brokerage
RE/MAX Solid Gold Realty (II) Ltd
Description

Tucked into the heart of Idlewood, Unit 5 at 15 Gregg Court offers the kind of neighbourhood and layout families are always searching for. Located within a quiet townhouse complex in one of Kitchener's most established family communities, this spacious 3-bedroom, 3-bathroom home is surrounded by parks, walking trails, excellent schools, and everyday conveniences. Inside, the bright carpet-free main floor features large windows and a functional layout designed for comfortable everyday living. The updated kitchen showcases quartz countertops, tile backsplash, stainless steel appliances, and a breakfast bar overlooking the dining area, creating a space that feels both open and welcoming. Upstairs, the spacious primary bedroom offers two large windows, dual closets, and convenient access to the cheater ensuite bathroom. Two additional bedrooms provide flexibility for growing families, guests, or a home office setup. The lower level provides valuable additional living space, ideal for a media room, kids' play area, home gym, or comfortable family retreat. A convenient 2-piece bathroom adds extra functionality. The home also features a newly installed furnace and central air conditioning system (2026), along with a newer washer and dryer (2025), offering added comfort and peace of mind for years to come. Located close to excellent public and Catholic schools, parks, trails, shopping, restaurants, public transit, Chicopee Ski & Summer Resort, the community center, library, indoor pool, and quick access to the expressway, this is a fantastic opportunity to get into a highly sought-after neighbourhood known for its strong sense of community.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,027.01/mo

Includes CMHC insurance ($16,461)

$
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5-yr fixed avg.

Principal: $531,000Interest: $360,641
Mortgage Amount$547,461
Total Interest$360,641
Est. Property Tax$418/mo
Total Cost$908,102

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

15 Gregg Court Unit 5, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$418
Insurance (est.)-$123
Net Cash Flow+$1,599

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 $492/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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

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 3 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 $2,458 (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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    15 Gregg Court Unit 5, Kitchener — $590,000 | Battaglia Team