175 Elm Ridge Drive Unit 48, Kitchener

Price: $425,000

3 bedrooms, 1 bathrooms

900 sqft

Property Type: Condo

MLS#: X13212140

Welcome to this rare end-unit bungalow-style townhome perfectly situated at the end of a quiet cul-de-sac in the desirable Forest Heights neighbourhood. Offering an exceptional level of privacy, this home is uniquely positioned literally steps away from a scenic walking trail. The main level features a bright and inviting living area, an eat-in kitchen, three well-proportioned bedrooms, and a full 4-piece bathroom with heated flooring, providing a comfortable and functional layout for families, downsizers, or first-time buyers. The attached garage provides convenient parking and easy access to your private, fully fenced backyard - a perfect retreat for outdoor relaxation, pets, and gardening. The unfinished basement offers a blank canvas, allowing you to design and finish a custom space that perfectly suits your lifestyle and needs. This home provides unbeatable convenience, located within walking distance of the Forest Heights Community Centre, Kitchener Public Library, swimming pool, tennis courts, schools, and shopping at Highland Hills Mall. With quick access to public transit, the Conestoga Parkway, and the amenities of The Boardwalk and Sunrise Shopping Centre, this is a fantastic opportunity to own an end-unit in a prime, well-established community. UPDATES INCLUDE: Brand new roof (2025), Furnace (2023), AC (2021), Hot Water Heater (2024), Washer (2015), Dryer (2015), Stove (2015). Schedule your private showing today!

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$425,000 - 175 Elm Ridge Drive Unit 48, Kitchener

Condo for Sale in Kitchener

3Beds
1Baths
900Sq Ft
Condo
Property Details
MLS Number
X13212140
Property Type
Condo
Status
active
Days on Site
16
Bedrooms
3
Bathrooms
1
Square Feet
900 sqft
Neighbourhood
Kitchener
Locker
None
Exposure
South
Balcony
None
Listing Brokerage
FLUX REALTY
Description

Welcome to this rare end-unit bungalow-style townhome perfectly situated at the end of a quiet cul-de-sac in the desirable Forest Heights neighbourhood. Offering an exceptional level of privacy, this home is uniquely positioned literally steps away from a scenic walking trail. The main level features a bright and inviting living area, an eat-in kitchen, three well-proportioned bedrooms, and a full 4-piece bathroom with heated flooring, providing a comfortable and functional layout for families, downsizers, or first-time buyers. The attached garage provides convenient parking and easy access to your private, fully fenced backyard - a perfect retreat for outdoor relaxation, pets, and gardening. The unfinished basement offers a blank canvas, allowing you to design and finish a custom space that perfectly suits your lifestyle and needs. This home provides unbeatable convenience, located within walking distance of the Forest Heights Community Centre, Kitchener Public Library, swimming pool, tennis courts, schools, and shopping at Highland Hills Mall. With quick access to public transit, the Conestoga Parkway, and the amenities of The Boardwalk and Sunrise Shopping Centre, this is a fantastic opportunity to own an end-unit in a prime, well-established community. UPDATES INCLUDE: Brand new roof (2025), Furnace (2023), AC (2021), Hot Water Heater (2024), Washer (2015), Dryer (2015), Stove (2015). Schedule your private showing today!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,180.47/mo

Includes CMHC insurance ($11,858)

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5-yr fixed avg.

Principal: $382,500Interest: $259,784
Mortgage Amount$394,358
Total Interest$259,784
Est. Property Tax$301/mo
Total Cost$654,141

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

175 Elm Ridge Drive Unit 48, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
4.8%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$585
Property Tax (est.)-$301
Insurance (est.)-$89
Net Cash Flow+$1,705

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 $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 16 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.

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.

Efficient Living

At 900 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.

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.

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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    175 Elm Ridge Drive Unit 48, Ki… — $425,000 | Battaglia Team