216 McGarry Drive, Kitchener

Price: $674,888

4 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X13157982

Welcome to 216 McGarry Drive, in the sought-after Forest Heights neighborhood. This ONE-OWNER HOME offers a thoughtfully designed main floor showcasing spacious principal rooms. A BRIGHT AND WELCOMING LIVING ROOM flows into a FORMAL DINING SPACE while the BRIGHT EAT-IN KITCHEN features oak cabinetry with a window overlooking the backyard. The bonus cozy family room, complete with a gas fireplace, creates the perfect setting for relaxed evenings. Sliding doors lead you to a private backyard deck featuring an automatic awning, offering a seamless indoor-outdoor lifestyle, ideal for summer entertaining or quiet relaxation.Upstairs, FOUR GENEROUSLY SIZED BEDROOMS, provide ample space for growing families. The primary suite is complete with a walk-in closet and a convenient 2-piece ensuite. A well-appointed 4-piece MAIN BATHROOM WITH A BUBBLE TUB serves the additional bedrooms. Additional features include a cold room for extra storage, a single-car garage with automatic opener, and a double-wide driveway accommodating multiple vehicles. KEY MECHANICAL UPDATES-furnace and A/C (approximately 10 years) owned water heater (approximately 5 years old). What truly sets this home apart is its unbeatable location within Forest Heights. Just moments away, you'll find the vibrant Forest Heights Community Centre, complete with a pool, library, and skate park, along with an abundance of nearby parks, walking trails, and green spaces that make this area so desirable for families. ENJOY CONVENIENT ACCESS TO MAJOR SHOPPING DESTINATIONS including The Boardwalk, Sunrise Shopping Centre, and Highland Hills Mall, ensuring all your retail and dining needs are just minutes away. With quick access to the expressway, commuting throughout Kitchener-Waterloo and beyond is effortless. A rare opportunity to own a solid, spacious home in a mature, amenity-rich neighborhood-216 McGarry Drive is ready for its next chapter, offering the perfect canvas to create your dream home.

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$674,888 - 216 McGarry Drive, Kitchener

Detached for Sale in Kitchener

4Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X13157982
Property Type
Detached
Status
active
Days on Site
24
Bedrooms
4
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Kitchener
Listing Brokerage
ROYAL LEPAGE WOLLE REALTY
Description

Welcome to 216 McGarry Drive, in the sought-after Forest Heights neighborhood. This ONE-OWNER HOME offers a thoughtfully designed main floor showcasing spacious principal rooms. A BRIGHT AND WELCOMING LIVING ROOM flows into a FORMAL DINING SPACE while the BRIGHT EAT-IN KITCHEN features oak cabinetry with a window overlooking the backyard. The bonus cozy family room, complete with a gas fireplace, creates the perfect setting for relaxed evenings. Sliding doors lead you to a private backyard deck featuring an automatic awning, offering a seamless indoor-outdoor lifestyle, ideal for summer entertaining or quiet relaxation.Upstairs, FOUR GENEROUSLY SIZED BEDROOMS, provide ample space for growing families. The primary suite is complete with a walk-in closet and a convenient 2-piece ensuite. A well-appointed 4-piece MAIN BATHROOM WITH A BUBBLE TUB serves the additional bedrooms. Additional features include a cold room for extra storage, a single-car garage with automatic opener, and a double-wide driveway accommodating multiple vehicles. KEY MECHANICAL UPDATES-furnace and A/C (approximately 10 years) owned water heater (approximately 5 years old). What truly sets this home apart is its unbeatable location within Forest Heights. Just moments away, you'll find the vibrant Forest Heights Community Centre, complete with a pool, library, and skate park, along with an abundance of nearby parks, walking trails, and green spaces that make this area so desirable for families. ENJOY CONVENIENT ACCESS TO MAJOR SHOPPING DESTINATIONS including The Boardwalk, Sunrise Shopping Centre, and Highland Hills Mall, ensuring all your retail and dining needs are just minutes away. With quick access to the expressway, commuting throughout Kitchener-Waterloo and beyond is effortless. A rare opportunity to own a solid, spacious home in a mature, amenity-rich neighborhood-216 McGarry Drive is ready for its next chapter, offering the perfect canvas to create your dream home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,462.52/mo

Includes CMHC insurance ($18,829)

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5-yr fixed avg.

Principal: $607,399Interest: $412,529
Mortgage Amount$626,228
Total Interest$412,529
Est. Property Tax$478/mo
Total Cost$1,038,757

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

216 McGarry Drive, 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)
4.6%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$478
Insurance (est.)-$141
Net Cash Flow+$2,581

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 $450/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 24 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.

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.

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 $2,812 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    216 McGarry Drive, Kitchener | $674,888 | Battaglia Team