$574,000 - 218 Prosperity Drive, Kitchener
Townhouse for Sale in Kitchener
53 days on market- MLS Number
- X13049750
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 53
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Kitchener
- Listing Brokerage
- EXP REALTY
Fully renovated from top to bottom, this end-unit freehold townhome at 218 Prosperity Drive is the kind of property that feels right the moment you walk in. This home is an absolute SHOW STOPPER. With premium namebrand appliances including a newly installed high efficiency heatpump, and its recently replaced architectural shingle roof this home is ready to provide reliable comfort for years to come. You're welcomed into a bright, open main floor finished with durable, high-quality vinyl plank flooring and plenty of natural light. The layout is functional, clean, and the chef inspired kitchen complete with pot filler, coffee bar, and garbage disposal is designed for everyday living. Upstairs, the primary bedroom offers the kind of space you don't often find, giving you room to unwind. The finished basement adds flexibility for a growing family, a home office, or additional living space, with a storage area that already includes a 3-piece rough-in, making future bathroom expansion simple and practical. Sitting on a premium corner lot, the fully fenced backyard is a standout feature. It's the kind of outdoor space that works for both kids and entertaining, whether it's summer BBQs or just having room to relax after a long day. The double driveway is another bonus that adds real day-to-day convenience. Location. Location. Location. You're in a strong pocket of Kitchener with quick access to Highway 401, making commuting straightforward. You're also just minutes from Sunrise Centre for shopping, groceries, and everyday essentials, plus nearby parks and walking trails that make the neighbourhood feel established and family oriented. Attention to detail is visible in every nook and cranny of this home. Clean, well-maintained, and ready for you to call it your new home. Don't miss out, homes like these don't come on the market often.
Estimate your monthly payments for this property
Estimated Payment
$2,944.92/mo
Includes CMHC insurance ($16,015)
5-yr fixed avg.
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.
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
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.
218 Prosperity Drive, Kitchener
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $522/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.
Negotiation Opportunity
At 53 days on site, this property has exceeded the typical selling timeline for Kitchener. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Kitchener have shown strong appreciation as families seek more space.
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.
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 $2,392 (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.