235 Chapel Hill Drive Unit 5, Kitchener

Price: $415,000

2 bedrooms, 1 bathrooms

800 sqft

Property Type: Condo

MLS#: X12901068

Bright and modern MAIN FLOOR 2-bedroom stacked townhome offering stylish comfort with everyday convenience. Located in a desirable community close to highways, shopping, parks, and trails, everything you need is just minutes away. This well-maintained unit features an open-concept layout that seamlessly connects the living, dining, and kitchen areas with walk-out to a large balcony - perfect for relaxing or entertaining. Enjoy the added convenience of in-suite laundry . The kitchen comes equipped with stainless steel appliances, ample cabinetry, and a spacious layout , this townhome is a fantastic rental opportunity. Central heating and cooling system, Water Softer and more... one parking spot right in-front of the unit with ample visitors parking.

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$415,000 - 235 Chapel Hill Drive Unit 5, Kitchener

Condo for Sale in Kitchener

92 days on market
2Beds
1Baths
800Sq Ft
Condo
Property Details
MLS Number
X12901068
Property Type
Condo
Status
active
Days on Site
92
Bedrooms
2
Bathrooms
1
Square Feet
800 sqft
Neighbourhood
Kitchener
Locker
None
Exposure
East
Balcony
Open
Listing Brokerage
ENGEL & VOLKERS WATERLOO REGION
Description

Bright and modern MAIN FLOOR 2-bedroom stacked townhome offering stylish comfort with everyday convenience. Located in a desirable community close to highways, shopping, parks, and trails, everything you need is just minutes away. This well-maintained unit features an open-concept layout that seamlessly connects the living, dining, and kitchen areas with walk-out to a large balcony - perfect for relaxing or entertaining. Enjoy the added convenience of in-suite laundry . The kitchen comes equipped with stainless steel appliances, ample cabinetry, and a spacious layout , this townhome is a fantastic rental opportunity. Central heating and cooling system, Water Softer and more... one parking spot right in-front of the unit with ample visitors parking.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,129.17/mo

Includes CMHC insurance ($11,579)

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5%10%50%

5-yr fixed avg.

Principal: $373,500Interest: $253,671
Mortgage Amount$385,079
Total Interest$253,671
Est. Property Tax$294/mo
Total Cost$638,750

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

235 Chapel Hill Drive Unit 5, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
3.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$520
Property Tax (est.)-$294
Insurance (est.)-$86
Net Cash Flow+$1,300

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 $519/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 92 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.

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 800 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.

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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    235 Chapel Hill Drive Unit 5, Kitchener | $415,000 | Battaglia Team