180 St Jerome Crescent, Kitchener

Price: $829,000

5 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13116500

This masterfully upgraded bungalow offers a rare combination of modern luxury and significant income potential, situated on a premium, oversized pie-shaped lot. The main level is highlighted by a sun-drenched, Functional floor plan featuring a gourmet chef's kitchen with high-end finishes and an exceptionally large family room designed for grand-scale entertaining. Complementing the three spacious upper-level bedrooms and a legal, two-bedroom basement apartment with separate entrance and modern kitchen, making it an ideal setup for multi-generational living or a high-value rental suite. Outside, the sprawling backyard provides a vast private oasis with endless possibilities for outdoor recreation, all while maintaining sleek curb appeal and high-end upgrades throughout the interior

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$829,000 - 180 St Jerome Crescent, Kitchener

Detached for Sale in Kitchener

36 days on market
5Beds
3Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X13116500
Property Type
Detached
Status
active
Days on Site
36
Bedrooms
5
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Kitchener
Listing Brokerage
INFINITY PLUS REALTY INC.
Description

This masterfully upgraded bungalow offers a rare combination of modern luxury and significant income potential, situated on a premium, oversized pie-shaped lot. The main level is highlighted by a sun-drenched, Functional floor plan featuring a gourmet chef's kitchen with high-end finishes and an exceptionally large family room designed for grand-scale entertaining. Complementing the three spacious upper-level bedrooms and a legal, two-bedroom basement apartment with separate entrance and modern kitchen, making it an ideal setup for multi-generational living or a high-value rental suite. Outside, the sprawling backyard provides a vast private oasis with endless possibilities for outdoor recreation, all while maintaining sleek curb appeal and high-end upgrades throughout the interior

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,253.20/mo

Includes CMHC insurance ($23,129)

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5%10%50%

5-yr fixed avg.

Principal: $746,100Interest: $506,731
Mortgage Amount$769,229
Total Interest$506,731
Est. Property Tax$587/mo
Total Cost$1,275,960

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

180 St Jerome Crescent, 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)
4.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$587
Insurance (est.)-$173
Net Cash Flow+$2,840

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 $754/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 36 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.

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.

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 $3,454 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    180 St Jerome Crescent, Kitchener | $829,000 | Battaglia Team