24 Midland Drive Unit 604, Kitchener

Price: $400,000

3 bedrooms, 2 bathrooms

5,000+ sqft

Property Type: Condo

MLS#: X13050746

Beautifully updated and filled with natural light, this spacious 3 bedroom, 2 bathroom unit offers a layout that is increasingly hard to find, with generous proportions and a warm, welcoming feel throughout. From the moment you arrive, the attention to detail is clear, with refreshed foyer and hallways creating a clean, elevated first impression. Inside, updated flooring and fresh paint bring a cohesive, move-in ready feel, while the space feels open, comfortable and easy to live in. The kitchen has been thoughtfully updated with new cupboard doors, countertops, sink, faucet and stainless steel appliances, offering a bright and functional space that connects seamlessly to the main living area. The principal rooms are generously sized and well laid out, giving you flexibility for everyday living, hosting or working from home. The enclosed sunroom is the heart of the home, bathed in natural light and perfect for slow mornings with tea, quiet afternoons with a book, or gathering with friends in a calm, inviting space. Set in the established Stanley Park neighbourhood, you are a short walk to shopping, groceries and everyday essentials, close to parks, trails and community spaces, and minutes to the Kitchener Memorial Auditorium, with easy access to transit and Highway 7 and 8.Residents also enjoy amenities including a pool, fitness room and party space. With its combination of space, thoughtful updates and sun-filled living, this home offers a lifestyle that is both comfortable and connected. Book your showing today. Some images are virtually staged to illustrate potential layout and use of space.

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$400,000 - 24 Midland Drive Unit 604, Kitchener

Condo for Sale in Kitchener

52 days on market
3Beds
2Baths
5,000+Sq Ft
Condo
Property Details
MLS Number
X13050746
Property Type
Condo
Status
active
Days on Site
52
Bedrooms
3
Bathrooms
2
Square Feet
5,000+ sqft
Neighbourhood
Kitchener
Locker
Exclusive
Exposure
West
Balcony
Enclosed
Listing Brokerage
RE/MAX Solid Gold Realty (II) Ltd
Description

Beautifully updated and filled with natural light, this spacious 3 bedroom, 2 bathroom unit offers a layout that is increasingly hard to find, with generous proportions and a warm, welcoming feel throughout. From the moment you arrive, the attention to detail is clear, with refreshed foyer and hallways creating a clean, elevated first impression. Inside, updated flooring and fresh paint bring a cohesive, move-in ready feel, while the space feels open, comfortable and easy to live in. The kitchen has been thoughtfully updated with new cupboard doors, countertops, sink, faucet and stainless steel appliances, offering a bright and functional space that connects seamlessly to the main living area. The principal rooms are generously sized and well laid out, giving you flexibility for everyday living, hosting or working from home. The enclosed sunroom is the heart of the home, bathed in natural light and perfect for slow mornings with tea, quiet afternoons with a book, or gathering with friends in a calm, inviting space. Set in the established Stanley Park neighbourhood, you are a short walk to shopping, groceries and everyday essentials, close to parks, trails and community spaces, and minutes to the Kitchener Memorial Auditorium, with easy access to transit and Highway 7 and 8.Residents also enjoy amenities including a pool, fitness room and party space. With its combination of space, thoughtful updates and sun-filled living, this home offers a lifestyle that is both comfortable and connected. Book your showing today. Some images are virtually staged to illustrate potential layout and use of space.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,052.21/mo

Includes CMHC insurance ($11,160)

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5-yr fixed avg.

Principal: $360,000Interest: $244,502
Mortgage Amount$371,160
Total Interest$244,502
Est. Property Tax$283/mo
Total Cost$615,662

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

24 Midland Drive Unit 604, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$5,960/mo
Range: $5,066 - $6,854
Cap Rate (ROI)
7.0%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$5,960
Maintenance Fees-$3,250
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$2,344

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 $80/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 52 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.

Larger Home Realities

At 5,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

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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    24 Midland Drive Unit 604, Kitchener | $400,000 | Battaglia Team